The Latest Breaking News from Ray Dalio

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard. The warning comes as national debt has surged $9 trillion in four years to reach $37.09 trillion.

“Nobody does everything perfectly, not even Warren Buffett,” Dalio told David Rubenstein in conversation at the 92nd Street Y.

Ray Dalio, the founder of Bridgewater Associates, has divested his remaining stake in the company and stepped down from its board.

Dalio said the impending “economic heart attack” caused by increasing federal debt hasn’t been priced in.

Behind the headlines, there's a national debt crisis brewing. Here's the warning for investors, and the assets that could be crucial to a well-rounded portfolio.

Billionaire investor Ray Dalio advised a 15% portfolio allocation to Bitcoin (CRYPTO: BTC) or gold, citing mounting U.S. debt concerns and potential currency devaluation risks.

Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises

Billionaire Ray Dalio has issued his starkest warning to date regarding the U.S. national debt, comparing the escalating crisis to an impending “economic heart attack.”

The hedge fund billionaire is talking about the nearly $37 trillion national debt—again.