The post Billionaire Ray Dalio Links Bitcoin’s Rise to ‘Debt-Fueled Heart Attack’ in U.S. appeared on BitcoinEthereumNews.com. In brief Ray Dalio said the U.S. is risking a “debt-fueled heart attack” The value of money would be negatively affected if the Federal Reserve is eventually forced to intervene in the bond market. He compared digital assets to hard currencies. The U.S. economy is staring down a debt-fueled heart attack within the next few years, but that will likely buoy cryptocurrency prices, according to veteran asset manager Ray Dalio. In an interview with the Financial Times, the Bridgewater Associates founder linked a rise in the price of digital assets and gold to America’s overwhelming debt burden, which isn’t improving, according to a transcript of the conversation that he posted to X on Wednesday. The U.S. government is spending more money than it’s taking in, while servicing enormous amounts of debt. And as the government borrows more to cover budget shortfalls, while managing its existing burden, creditors could eventually cause trouble, Dalio said.  Creditors will sell U.S. debt as they grow worried about its ability to function as a store of value, he said. That will likely put the Federal Reserve in a tough position, Dalio added, where it has to decide between rising interest rates and a debt default crisis or printing money to buy debt and “try to hold real interest rates down, which will lower the value of money.” The billionaire, who foresaw the 2008 financial meltdown, described it as the “traumatic last phase” of a “big debt cycle,” where over the course of history, excessive debt has culminated in an economic contraction and systematic crisis. To that point, Dalio said that deregulation isn’t a threat to governments’ use of fiat currencies in stabilizing economies or facilitating international trade. It is rather unhealthy debt levels, he said, that are eroding the status of currencies like the… The post Billionaire Ray Dalio Links Bitcoin’s Rise to ‘Debt-Fueled Heart Attack’ in U.S. appeared on BitcoinEthereumNews.com. In brief Ray Dalio said the U.S. is risking a “debt-fueled heart attack” The value of money would be negatively affected if the Federal Reserve is eventually forced to intervene in the bond market. He compared digital assets to hard currencies. The U.S. economy is staring down a debt-fueled heart attack within the next few years, but that will likely buoy cryptocurrency prices, according to veteran asset manager Ray Dalio. In an interview with the Financial Times, the Bridgewater Associates founder linked a rise in the price of digital assets and gold to America’s overwhelming debt burden, which isn’t improving, according to a transcript of the conversation that he posted to X on Wednesday. The U.S. government is spending more money than it’s taking in, while servicing enormous amounts of debt. And as the government borrows more to cover budget shortfalls, while managing its existing burden, creditors could eventually cause trouble, Dalio said.  Creditors will sell U.S. debt as they grow worried about its ability to function as a store of value, he said. That will likely put the Federal Reserve in a tough position, Dalio added, where it has to decide between rising interest rates and a debt default crisis or printing money to buy debt and “try to hold real interest rates down, which will lower the value of money.” The billionaire, who foresaw the 2008 financial meltdown, described it as the “traumatic last phase” of a “big debt cycle,” where over the course of history, excessive debt has culminated in an economic contraction and systematic crisis. To that point, Dalio said that deregulation isn’t a threat to governments’ use of fiat currencies in stabilizing economies or facilitating international trade. It is rather unhealthy debt levels, he said, that are eroding the status of currencies like the…