DALIO: WE ARE 36 MONTHS AWAY FROM A US DEBT CRISIS I feel like he's been legitimately saying this for years at this point, now to his credit, yields are the highest they have been in 20 years so the probability of debt crisis *feels* more likely given bonds are losing their value globally. However, I also think that AI is going to be the biggest DEFLATIONARY force we have ever seen in human history over the next decade which should bring inflation down, the cost of capital down, GDP up, and gives the global economy a way to work through our debt. Just feels like this technology revolution could be the solution to some of our problems even if in the short term, it creates many headwinds for global debt based on the rising cost of capital with corporate bonds competing with treasuries.

DALIO WARNS CHINA AND JAPAN COULD PULL BACK FROM TREASURIES Ray Dalio warns U.S. Treasuries are vulnerable to weakening demand from China and Japan, two of America’s largest foreign creditors. China’s holdings have fallen from $1.3 trillion in 2013 to about $618 billion, while Japan holds roughly $1.1 trillion. Dalio says reduced foreign demand could intensify pressure on U.S. borrowing as 10-year yields hover near 5.3%.

Dalilah Coleman’s father shared with me how an illegal alien behind the wheel of an 80,000-pound truck changed his daughter’s life forever. Dalilah was just five years old. He had no business driving on American roads.

DALIO: DUMP BONDS, BUY GOLD AS DEBT CRISIS LOOMS Ray Dalio warns a U.S. debt crisis could hit within three years, as deficits and interest costs surge. He recommends underweighting bonds and allocating 10%–15% to gold, plus a small Bitcoin position. Dalio argues rising debt could force higher rates or money printing, weakening currencies and fueling inflation. He expects gold and Bitcoin to outperform as investors seek alternatives to government-backed assets.