@txicocrypto
Dalio posits the world has entered Stage 6 of his "Big Cycle" of internal and external order/disorder, characterized by the breakdown of post-WWII rules-based systems into power-driven conflicts, driven by US debt burdens, China rivalry, and historical patterns of ~100-year war death spikes.
He details how Stage 6 features financial warfare, currency devaluations via money printing to fund conflicts, and reluctance to extend credit, urging investors to reduce debt exposure and favor gold as a store of value amid rising geopolitical risks like US-China tensions.
Replies reveal diverse reactions, from endorsements of Thucydides' "strong do what they can" realism and Bitcoin as a hedge, to critiques of Eurocentrism in Dalio's data, emphasizing non-Western historical violence as equally formative to global cycles.
https://x.com/RayDalio/status/2022788750388998543
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