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2025-04-14 09:23:23

halalmoney on Nostr: Dalio said five forces drive history: the economy, internal political conflict, the ...

Dalio said five forces drive history: the economy, internal political conflict, the international order, technology and acts of nature such as floods and pandemics.

The very value of money is at stake, Dalio said. A breakdown in the bond market, combined with events like internal and international conflict, could be an even more severe shock to the monetary system than President Richard Nixon’s cancellation of the gold standard in 1971 and the global financial crisis in 2008.

'I'm worried about something worse than a recession'
CNBC
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