Keep pulling the thread on Ray Dalio.
Ray Dalio stated on February 14th that the world order has officially broken down.
Bridgewater Associates sold $461 million worth of its holdings in Alphabet and Meta in a recent quarter.
On February 17th, Ray Dalio classified the US in stage six of his "Big Cycle" model, a final stage associated with revolution and world war-scale disruption.
The U.S. national debt stands at $38.56 trillion and is growing at a rate of $6.4 billion per day.
The U.S. government has annual expenditures of $7 trillion against revenues of $5 trillion, with interest payments on debt exceeding $1 trillion per year.
The Congressional Budget Office (CBO) projects that the U.S. national debt will increase by an additional $26 trillion over the next decade.
Ray Dalio predicts the U.S. government will service its debt by paying it off in a currency that is devalued over time, rather than by defaulting.
The U.S. yield curve remained inverted for a record 26 consecutive months, a condition that has historically preceded recessions within 6 to 24 months after uninversion.
In one quarter, Bridgewater Associates liquidated its entire portfolio of Chinese stocks, including Alibaba, PDD, JD, Baidu, and Trip.com, totaling approximately $1.5 billion.
Bridgewater Associates increased its position in Micron by 52,000% to $253 million.
Bridgewater Associates increased its position in NVIDIA by 54% to a total value of $720 million.
In Q4, Bridgewater Associates increased its position in Newmont, the world's largest gold mining company, by nearly sixfold.