Billionaire Ray Dalio expresses concerns about a potential crisis that could be worse than a recession, pointing to a breakdown of the monetary order. Citing parallels to the 1930s, he urges investing in hard money. Mike Novogratz confirms the concerns, predicting a recession in the US and a decrease in the Federal Reserve's interest rates.
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Billionaire Ray Dalio expresses concerns about a potential crisis that could be worse than a recession, pointing to a breakdown of the monetary order. Citing parallels to the 1930s, he urges investing in hard money. Mike Novogratz confirms the concerns, predicting a recession in the US and a decrease in the Federal Reserve's interest rates.