{"id":128159,"date":"2025-04-29T03:18:25","date_gmt":"2025-04-29T03:18:25","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128159"},"modified":"2025-04-29T03:18:25","modified_gmt":"2025-04-29T03:18:25","slug":"ray-dalio-says-global-monetary-order-on-the-brink-of-breakdown","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128159","title":{"rendered":"Ray Dalio says global monetary order \u2018on the brink\u2019 of breakdown"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsLegendary investor Ray Dalio has said the world is \u201con the brink\u201d of the global monetary order breaking down, which is being accelerated by the Trump administration\u2019s tariff disruptions.<br \/>\nThe trade tensions are fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund Bridgewater Associates, said in an April 28 X post.<br \/>\nDalio added that this is leading to irreversible damage, and an increasing number of importers and exporters, particularly between the US and China, are drastically reducing interdependencies and \u201cmaking alternative plans.\u201d<br \/>\n\u201c[They\u2019re] recognizing that whatever happens with tariffs, these problems won&#8217;t go away, and that radically reduced interdependencies with the US is a reality that has to be planned for.\u201d<br \/>\nSource: Ray DalioDalio said America\u2019s role as the world\u2019s largest consumer of manufactured goods and the largest debt issuer is looking increasingly unsustainable, and the idea that trade partners would continue selling to the US and receive dollars was \u201cnaive thinking.\u201d<br \/>\nAs a result, more countries may increasingly bypass the US by forming new trade networks that rely on alternative currencies.<br \/>\nWhile Dalio didn\u2019t suggest which monetary alternative would eat into the dollar\u2019s dominance, he has championed \u201chard money\u201d assets like Bitcoin (BTC) and gold during times of global uncertainty.<br \/>\nLess fighting, more coordination<br \/>\nThe billionaire called for more calm and coordinated action from the US to address the trade imbalances and become more self-sufficient.<br \/>\nDealing with the US government debt problem head-on would lead to much better results than the \u201cpath that we appear to be on,\u201d Dalio said.<br \/>\n\u201cUnfortunately, thus far we haven\u2019t seen the better ways and have instead seen disturbing fighting and volatility that are teaching lessons that are leading to irreversible bad consequences.\u201d<br \/>\nDalio advised investors and policymakers to redirect their attention away from day-to-day market moves and policy announcements to deal with these \u201cbig fundamental changes\u201d in world order.<br \/>\nRelated: Bitcoin\u2019s safe-haven appeal grows during trade war uncertainty<br \/>\nChina has been hit hardest by the Trump administration\u2019s tariffs, with a 145% duty on all imports, while the US\u2019 neighbors, Canada and Mexico, were slapped with a 25% tariff on most goods.\u00a0<br \/>\nSeveral key Bitcoin mining manufacturing countries, such as Thailand, Indonesia and Malaysia, have also been hit with respective rates of 36%, 32% and 24%, which has already impacted machine imports into the US.<br \/>\nMagazine: Financial nihilism in crypto is over \u2014 It\u2019s time to dream big again<a href=\"https:\/\/cointelegraph.com\/news\/ray-dalio-global-monetary-order-on-brink-breakdown?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsLegendary investor Ray Dalio has said the world is \u201con the brink\u201d of the global monetary order breaking down, which is being accelerated by the Trump administration\u2019s tariff&hellip; 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