.@RayDalio's take on AI is split down the middle: a historic productivity boom for some, and a bubble with painful consequences for others. In a new video posted by the World Economic Forum, Dalio poses a question for all of us: can we come together to get AI's benefits without the harmful side effects?

Ray Dalio (@RayDalio) says the AI boom is nearing a bursting point, but strategist Jordi Visser sees the bigger bubble elsewhere. Visser points to “zombie” companies kept alive by cheap debt, arguing AI demand still exceeds supply.

Axil Commodity Shield Vault The Axil Commodity Shield Vault has gained 8.65% over the past month, equivalent to an 89% annualized return. Recently, @RayDalio once again recommended allocating 15% of a portfolio to gold-related assets as a hedge against sovereign credit risk and fiat currency depreciation. Capture the gold bull market. Hedge against dollar depreciation. Download: Vault performance as shown below⬇️

Over long periods of time, debts tend to rise faster than incomes, creating the long-term debt cycle. Even as people become more indebted, lenders freely extend credit because during economic booms, incomes rise, asset values soar, and the stock market thrives. People borrow more to buy financial assets, pushing prices higher and creating a bubble. So long as incomes keep rising, the debt burden stays manageable. But this cannot continue forever. Over decades, debt burdens slowly accumulate until debt repayments grow faster than incomes. This forces people to cut back on spending, causing incomes to fall and borrowing to dry up—eventually reversing the entire cycle. #RayDalio# #Economy# #LongTermDebtCycle# #Finance#

The most common mistake smart investors make is not having a clear game plan. To build a solid strategy, write down your criteria for making a decision, then stress-test it against history. Every time you make a decision, go back and ask: “If I made that decision under these circumstances in the past, how would it have worked?” Knowing the track record of your decision-making criteria gives you a much deeper understanding of how things actually work. Credit: Sam Parr, Shaan Puri, and My First Million #Investing# #Principles# #RayDalio# #FinancialWisdom#