The Latest Breaking News from Ray Dalio

The past weekend was a rollercoaster ride in the world of cryptocurrencies. Ripple’s chief technology officer announced his retreat from daily company involvement, Dogecoin extended its winning streak, and Bitcoin received a million-dollar prediction.

“With the kind of growth we have now, the debt is very low, relatively speaking. You grow yourself out of that debt,” Trump said.

Billionaire hedge fund manager Ray Dalio issued a stark warning regarding the current state of global currencies, drawing historical parallels to the 1930s and 1970s.

Billionaire investor and founder of Bridgewater Associates, Ray Dalio, has issued a stark warning about the economic future. He appeared in a podcast with Steven Bartlett, titled “very, very dark times,” and warned of an uncertain future for major Western economies, including the United States and the United Kingdom.

Central to all of Dalio’s advice is his guiding principle for personal growth: “Pain plus reflection equals progress.”

If anyone knows how to forecast a financial meltdown with the calm of a weatherman calling for rain, it's Ray Dalio.

At the Future China Global Forum in Singapore, Bridgewater Associates founder Ray Dalio cautioned that the U.S.’s $37.5 trillion debt could trigger a "crisis." The billionaire hedge fund manager has previously warned of a potential “debt-induced heart attack” within the near future.

But Dalio, speaking at the Future China Global Forum in Singapore this week, doesn't think the U.S. is in a position to pull back on its spending.

Anthony Scaramucci, the founder of SkyBridge Capital, shared his thoughts on diversification, advising investors not to diversify if they are right.