The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Dalio: Investors should hold 5% to 15% of their portfolios in gold
“An individual, and most investors should have between five and 15% of their portfolio in a gold or an alternative money.”
Dalio: Current financial markets are in a bubble vulnerable to popping
“So in my opinion, we're in a bubble. Okay. By various measures of it being in a bubble and people feeling very wealthy, but you have that vulnerability.”
Dalio: The post-1945 multilateral rules-based global governance order has ended
“That world order has gone from a world order that it was a multilateral world order, sort of with rules like the United Nations and the World Trade Organization and the World
A health organization, and the world, this is, you know, the world bank, and the worl…”
Dalio: US leads in advanced chips, China leads in AI applications
“The inventiveness of new chips and the most advanced chips the United States is a bit ahead, is, is ahead. And then but the application to use the chips, whatever AI there is, to be able to integrate it into life and making it for the society Most applications…”
Dalio: Nixon suspending the gold standard in 1971 was a sovereign default
“On August 1519 71, President Nixon defaulted on his obligation, the U.S.'s obligation to give gold paper market.”
Dalio: Stablecoins are transaction tools, not stores of wealth
“A stable coin is attached to the fiat currency. So it goes down like the fiat currency goes down, and it doesn't give an interest rate. And they're toying around with whether it gives interest rates or not, but there's not a model that I've seen. So, so far it…”