Ray Dalio: Bessent Initiative foresaw an impending debt crisis and recommended investments in gold and bitcoin

Ray Dario, a billionaire investor, stated that the debt buyback announcement by Finance Minister Scott Bessent was in line with the broader model of the impending crisis. He pointed out that Bessent ' s plan to increase the purchase of government debt might premonition the troubles of the United States economy. Dario suggested that investors should prepare for increased risk by holding encrypted money and gold. He warned that if not addressed in a timely manner, debt would accumulate to unmanageable levels. Dario also mentioned that the United States budget deficit had exceeded $432 billion in July, and Bessent indicated that it was expected to peak under the Trump administration。