[Dalio Warns of U.S. 'Stagflationary Financial Crisis' Risk, Urges Allocation to 'Ultimate Currency' Gold] According to Golden Finance, on May 8, Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, once again issued a warning about the current state of the global economic order. Dalio stated that he sees worrying signs indicating that the U.S. economy is heading toward a period of 'chaos,' characterized by rising deficits, worsening inflation, and diminishing confidence in the U.S. financial empire. In a recently aired podcast, he outlined a scenario in which the U.S. could fall into a financial crisis, primarily caused by excessive borrowing and money printing. He said, 'A financial crisis means that spending capacity will be very limited.' Dalio speculated that, under such circumstances, the U.S. would be unable to sustain its military and social expenditures. 'You will face significant constraints. As demand fails to meet supply, interest rates will rise, which will suppress borrowing, harm markets, and so on.' He also reiterated his belief that investors should allocate 5% to 15% of their assets to gold to weather 'very bad times.' 'Throughout history, we have found that during all such periods, all fiat currencies decline, while gold prices rise.' (Dongxin News Agency)