Ray Dalio: US Is Losing The Reserve Currency

Ray Dalio managed to predict the 2008 Financial Crisis.

Now he makes another gloomy prediction: US National Debt Crisis.

He foresees that this may eventually lead to USD losing its reserve currency status, which will be the absolute disaster for the United States.

[susymay]

Nice video. Cool you can pack key ideas into short videos.

[susymay]

Yes, productivity growth could do the trick if the US doesn't keep accelerating it's borrowing at a frightening pace.