Ray Dalio: Rate hikes are temporary, but staying waterproof is eternal: The imbalance between government debt supply and demand will eventually lead to soaring interest rates or central banks printing money to devalue the currency. Currently, U.S. debt servicing costs are about 200% of fiscal revenue, and the deficit continues to expand. If not addressed in time, it could lead to a crisis similar to an economic heart attack. He advises investors to reduce bond holdings and increase allocations in gold and Bitcoin bitcoin:native to mitigate risks.