TechFlow reported on December 11 that, according to the South China Morning Post, Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, advised investors at the Abu Dhabi Finance Conference to move away from debt assets such as bonds and instead turn to "hard currencies" like gold and Bitcoin. Dalio pointed out that major economies—except Germany—have reached "unprecedented" levels of debt, making a debt crisis inevitable in the coming years, which would lead to significant currency devaluation. He emphasized that debt, money, and the economy are one of five key forces shaping the future, alongside domestic political order and geopolitical landscape.
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