Dalio: The United States is on the brink of order collapse and civil war. Gold is the only safe haven According to a report by Golden Finance, Ray Dalio, founder of the world's largest hedge fund Bridgewater, warned in an interview with Tucker Carlson in Dubai, United Arab Emirates on February 10th that the United States is in the "fifth stage" of the great cycle of empire rise and fall, on the eve of order collapse and conflict outbreak. Dalio pointed out that the world is being influenced by five major forces: the currency/credit cycle, domestic political order, geopolitical order, natural forces, and technological change. He believes that the United States is currently in the fifth stage of its defined "six stage cycle" - a period of extreme polarization and debt imbalance, on the brink but not yet completely collapsing. He emphasized that the United States is facing a severe debt supply-demand problem, and the central bank printing money to address the deficit will lead to currency depreciation. For investors, Dalio explicitly recommends allocating 5% -15% of gold in the investment portfolio, stating that gold is the "only asset that is not a liability of others".