The United States, along with a cycle of growing debt and debt service, may in the next few years a financial crisis.

Ray Dalio, a billionaire investor and founder of Bridgewater Associates, boldly claims that he is the upcoming debt crisis and calls him a “potential heart attack.”

In a statement, Dalio argued that after reaching a point in the cycle in which he borrows more money for debt, and bond holders claim that it is risky, becomes a “spiral of debt”.

Dalio compares the current debt crisis with a heart attack if the authorities do not intervene.

Understanding the current debt problem in the USA

Dalio’s observations about the current economic landscape and the upcoming debt crisis in the country appears when cryptographic market capitalization drops to $ 2.76 trillion in one day. During Shakeoff this week, the general cryptographic market capital fell by 8%, with Ethereum and Bitcoin Leading losers with 11% and 8%, respectively.

The US is currently in the face of growing debt and excessive budget deficits. According to the latest data, the domestic debt is currently 33.6 trillion USD, with a huge deficit 1.7 trillion USD in 2023, of 5.8% of the total GDP.

Scientists also warn against the growing cost of debt service, reaching $ 879 billion in 2023, comparable to the size of the country’s budget to national defense.

Recognize that conflicts are necessary for great relationships, because they are in the way people determine whether their rules are even and solve their differences. pic.twitter.com/mbbpho76mn

– Raya (@ rayalio) February 6, 2018

Dalio claims that alternative values ​​can assist

In an interview about fate PodcastDalio offered insight into how the general public reacts to the economic crisis. He mentioned that in times of economic uncertainty many investors are looking for alternative valuable stores.

Dalio asks: What is the alternative to money with stable supply? He mentioned the growing role of Bitcoins and digital assets as a leverage against inflation.

“Recognize that conflicts are necessary for great relationships, because they are in the way people determine whether their rules are even and solve their differences.” He added.

Dalio observations after the announcement of the US President Trump regarding the proposed American strategic reserve, which includes the best coins such as Bitcoin, Ethereum, Solana, Ripple and Cardano.

After Trump’s statement, there was a jump at cryptocurrency prices, and bitcoins increased to over USD 90,000 after a re -visit to USD 80,000.

While the Bitcoin price increased during the day, its dominance dropped from 55.4% to 50%, reflecting the change in capital to Altcoins. Historically, the decrease in the dominance of Bitcoins catalyze the Altcoin Run, which now excites many in social media.

Is Bitcoin a response?

Although Ray Dalio did not categorically mention Bitcoin as a “potential Savior”, his recent statements suggest a favorable view on the most vital digital resources. Due to its decentralization, Dalio emphasized the potential of the asset as protection against economic uncertainty.

Unlike time-honored resources that may confiscate, bitcoin and others Cryptocurrencies Work outside time-honored financial mechanisms, promoting the behavior of wealth. Dalio also recognized the role of Bitcoin, insisting that previous economic crises show that these assets while fighting are still able to maintain their values.

A distinguished image from Business Standard, TradingView chart