Giving Tuesday

2025-10-29

The U.S.’s debts are on the edge of becoming unmanageable to the point where it could default if conditions are not changed.

But this problem isn’t a unique one. It has happened many times in history, which is why I believe studying the past is so important. The same cycles repeat over and over again, and there are important lessons we can learn from those experiences.

I recently met with Bloomberg @markets ahead of the UN Ocean Conference to discuss our debts, the possibility of global crisis, and the importance of investing in our oceans.

If you’re interested in learning more about our collective debt burden — and what steps we can take to solve these issues — I explain my thinking in my new book, How Countries Go Broke: The Big Cycle.

I hope you will read it and let me know your

2025-09-23

Gold is now the second largest reserve currency, behind the US dollar.

To understand why, you need to look at the history of fiat currencies (like the dollar) and hard currencies (like gold).

The way I see it, we’re currently facing a classic currency devaluation similar to what we saw in the 1970s or the 1930s. In both of those cases, fiat currencies around the world all went down together — and also went down in relationship to hard currencies, like gold.

If events today follow a similar pattern, that makes hard currencies an attractive asset to hold.

At least, that’s how it looks through my eyes. I’m curious to hear what you think.

You can watch the full conversation here: ?feature=shared

2025-09-04

I’m doing an AMA on @reddit today, starting at 1pm ET.

I always enjoy hearing from you all, and discussing whatever’s on your mind.

So, if you have any questions for me, go check out the Reddit thread linked in the comments. I’ll get to as many as I can.

2025-09-03

I’m looking forward to doing another AMA and answering whatever questions you have on Thursday, 9/4 from 1-3pm ET.

For over 50 years, I’ve been in the business of studying the cause/effect relationships that drive how reality works and developing principles for dealing with reality well. I then programmed these principles into computers as decision rules to bet on them working. Because the causes come before the effects, this principles-based approach worked amazingly well for me.

Since I’m 76, I’m now at a stage in my life that I want to pass along what’s of value. So far, I’ve passed along my perspectives and principles about how to approach life, work, the changing world order, debt, and markets in my books, videos, and social media. But I think that what is most important is

2025-08-20

One principle that I’ve really learned is “Pain + Reflect = Progress.”

2025-08-05

The U.S. dollar used to be backed by gold — and it’s not farfetched to think we may be headed there again in the future.

History shows us that the same cycles repeat time and time again. One such cycle is related to currency devaluation.

Once people start to lose trust in the fiat system, we see a specific cause and effect reaction occur.

1) Governments print a lot of money
2) They pay off the debt with the cheap money
3) Nobody wants to hold the devalued currency
4) Governments go back and link money to gold

Will this same pattern happen again? It’s hard to say, and it wouldn’t happen anytime soon. But it is conceivable.

2025-07-30

In an advanced economy, credit does more good than bad. But it’s important to remember that borrowing creates cycles — and if the cycle goes up, it eventually needs to come down.

I explain why this is particularly important today in my new book, How Countries Go Broke.

But if you’d like more context on how all of these pieces come together, I recommend you watch my 30-minute explainer “How the Economic Machine Works” here: &t=1444s

#principles #howcountriesgobroke #economics #credit

2025-07-15

In 10 years, the US government will be $55-60 trillion in debt (which will be 7-7.5 times government revenue) because there will be $25-30 trillion of additional borrowing. That amounts to about $425,000 of debt per American family.

When I calculate the supply and demand for this debt, I don’t see enough buyers to buy the debt the US needs to sell, which will cause big problems.

We can avoid the worst-case scenario, but we need to act now.

To learn more, I encourage you to read my new book, How Countries Go Broke: The Big Cycle.

#raydalio #principles #economics #debt