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The Macro View: Coronavirus & Dying Sovereign Currencies
We are currently watching the creative destruction and decline of the US empire before our very eyes. In enduring the onslaught of the ongoing COVID-19 coronavirus pandemic, the US is facing “a riddle, wrapped in a mystery, inside an enigma”. What's more, the nation is pulling out all the stops in hopes of making America great again.
Ray Dalio is the founder of Bridgewater Associates, a global macro investment firm that is currently the world's largest hedge fund earning a whopping $49 billion for its investors. A best-selling author, Mr. Dalio, regularly shares his knowledge through articles and videos. I will be focusing primarily on his latest piece, The Big Cycles Over The Last 500 Years, and the role Bitcoin could play should his projections prove to be accurate.
