Ray Dalio Predicts Dollar Weakness After Fed Rate Cut, Envisions Alternative Assets

Billionaire investor Ray Dalio has warned about the potential consequences of a Federal Reserve rate cut. He believes such a move could weaken the dollar and result in stock market decline as investors become less confident and face stagflation concerns. In a recent Reddit Q&A, Dalio elaborated on his concerns, noting that rising government debt levels pose significant risks to the US economy. He predicts a potential debt crisis within the next three years and suggests allocating a substantial portion of portfolios to alternative assets such as gold and Bitcoin. 💰