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Binance News
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Ray Dalio recommends investing in gold and Bitcoin to avoid debt crises
According to WuShuo, Ray Dalio, founder of Bridgewater Associates, said at the Abu Dhabi Financial Conference that as major economies around the world face high debt levels and potential debt crises, he will invest in "hard currencies" such as gold and Bitcoin and avoid debt assets.
He believes that a debt crisis may occur in the next few years, leading to currency depreciation. He also stressed that investment should focus on global trends and maintain diversification to cope with risks.
He believes that a debt crisis may occur in the next few years, leading to currency depreciation. He also stressed that investment should focus on global trends and maintain diversification to cope with risks.
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