Ray Dalio Warns: Global Money Chaos Ahead—Is Bitcoin the Last Laugh?

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Ray Dalio, that grand puppeteer of Bridgewater’s billions, now proclaims in tones as grave as a Moscow winter that the world’s monetary circus is about to tumble down.

He casts a weary eye upon the current administration’s tariff antics, blaming them for stirring a brew of deglobalization stews and theatrical trade imbalances that would make even the most indifferent bureaucrat raise an eyebrow.

The Cacophony of Tariffs & the End of US Economic Supremacy (Or So Says Dalio)

Not long ago, President Donald Trump—perhaps inspired by a fit of economic mischief or simply a flair for dramatic tariff design—announced a sweeping 10% tariff on every import, like a general ordering his soldiers to wear mismatched boots. Then came a convincing 90-day timeout, shortly forgotten, as tariffs on Chinese goods ballooned like a babushka’s prized pirozhki.

The US tariff on Chinese imports soared to a dizzying 145%. China, never one to be outdone in this geopolitical ballet, retaliated with a 125% tariff on American goods. While whispers of peace appear on the horizon, the audience remains skeptical, clutching their popcorn with anticipation.

Dalio, our economically astute seer, admits that even if a détente is penned, the scars left on this trade drama won’t vanish like vodka in Moscow’s frostbitten nights.

“Some optimists imagine tariffs might simmer down as negotiations progress and grown-ups figure out how to play nicely. Alas, I hear from many combatants in this tariff war that the damage is already a fait accompli,” he pens with a sigh.

Exporters and importers now shirk dealing with the US as if it carried the plague; both American and Chinese merchants scout the wide world for fresh conspiracies to sidestep each other’s grasp.

This unraveling spectacle, Dalio insists, paints the world with broad strokes of trade, markets, politics, and military tension slipping through the cracks like a cat escaping the night. The collapse of order—a train wreck in slow motion—is upon us, a rerun of an old historical tragedy.

“The notion that the US can forever remain the globe’s largest consumer of goods and the richest debtor issuing hard, un-devalued dollars is a sweet fairy tale for the naïve. Plans change, and reality bites,” observes Dalio with a dry chuckle.

He fears the US might soon be the wallflower at the global economic ball, as countries dance away into new trade alliances, leaving the dollar to sulk in the corner. The dollar is losing luster faster than a Soviet badge post-glasnost.

While Dalio stops short of naming the currencies to rise from the ashes, he has long sung praises to “hard money” – the golden calf and Bitcoin, that digital sorcerer’s apprentice.

“I prefer to steer clear of debt instruments like bonds — dull as old vodka — and grab some real treasure: gold and Bitcoin,” he confessed under the shimmering skyline of Abu Dhabi back in 2024.

Global Monetary Order Flips the Bird: Is Bitcoin the New Tsar?

The cryptocurrency coven buzzes with excitement. Jeff Park of Bitwise whispers that Dalio’s musings hint at a not-so-distant “dedollarization” apocalypse.

Park points out that Dalio’s transformation—once a China cheerleader, now a US skeptic—signals the dollar’s twilight has arrived sooner than dinner guests expected. Bitcoin enthusiasts nod solemnly in agreement, polishing their virtual ledgers.

“The dedollarization shadow approaches faster than you and I can tally Satoshis,” he warns, perhaps with a sly grin.

Others, like the enigmatic Rex, see this chaos as Bitcoin’s moment to shine, predicting a price rally within 18 months so wild it might make a Matryoshka doll shed a tear. Already, Bitcoin’s price has gained 7.5% this past week amidst a weakening dollar, casually flirting with $94,985 at the moment of this writing.

Market soothsayers grow bolder, with ARK Invest recently updating Bitcoin’s forecast from a modest $1.5 million to an eye-watering $2.4 million by 2030. The optimists don’t stop there—some see Bitcoin reaching a million by 2025, as if it were springtime in the Kremlin gardens.

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2025-04-29 11:43