“America’s $38 Trillion Financial Reset Has Begun - Do This Now!” Ray Dalio’s Final Warning
Graham Stephan
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As a 34 year old real estate investor who started working in real estate shortly after turning 18, with over $120,000,000 in residential sales since 2008, I've created this channel to share my successes, failures, and experiences in real estate, personal finance, and investing news. I'm also obsessed with frugality and credit card churning...a lot. So Subscribe! Because all the cool kids are doing it. Feel free to follow me on Snapchat / Instagram: GPStephan
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Sign up for the Gemini Credit Card: https://Gemini.com/graham | Let's discuss the Broken World Order, The Ray Dalio Warning, and what this means for your personal finances - Enjoy! Add me on Instagram: GPStephan Ray Dalio's Full Article Here: https://x.com/RayDalio/status/2022788750388998543 START BUILDING WEALTH WITH MY FREE NEWSLETTER: https://grahamstephan.substack.com THE WORLD ORDER WARNING Ray Dalio argues the global system isn’t approaching change, it’s already undergoing it. His long-standing thesis is that major empires follow predictable cycles. Since his 2022 warning, inflation surged, asset prices spiked, precious metals climbed, and geopolitical tensions intensified. Dalio now says the world order has “broken down,” signaling entry into the final debt cycle where consequences become harder to reverse. The key idea: massive economic shifts rarely hurt those who anticipate them. They hurt those who assume nothing is changing. THE SIX-STAGE ECONOMIC CYCLE Dalio outlines a repeatable sequence. A new order begins after crisis resets the system. Growth follows with rising prosperity and innovation. Peak power arrives as wealth and global influence expand, but debt and inequality build beneath the surface. Financial imbalances emerge as debt outpaces income and speculation replaces productivity. Conflict and disorder then rise internally and externally. Finally, a new world order forms through debt restructuring, currency devaluation, or power shifts. The cycle then repeats. Dalio believes the U.S. and global system are late in this progression. THE FIVE TYPES OF GLOBAL CONFLICT Before military intervention, competition escalates in subtler ways. Trade conflict use tariffs and supply chain restrictions. Technology conflict center on AI, semiconductors, and energy dominance. Capital conflict use sanctions and financial systems. THE DEBT CRISIS RISK Historically, governments facing unsustainable debt inflate it away by printing money, weakening currency value and eroding purchasing power. Dalio warns debt crises unfold gradually, then suddenly. He favors hard assets such as gold in late-cycle environments, noting traditional bonds often fail to offset inflation losses. THREE POSSIBLE FUTURES A disorderly decline could involve currency devaluation, market losses, and global power shifts. A managed decline would require bipartisan fiscal reform and international cooperation, preserving stability with slower growth. Renewal, the least likely scenario, would require unity, investment, and productivity breakthroughs. Some suggest AI could boost productivity enough to ease debt pressure, but only if gains are widely shared. WHAT THIS MEANS FOR INVESTORS Dalio’s framework suggests preparation rather than panic. Cycles unfold over decades, not months. The broader message is not inevitability of collapse, but adaptation: those who stay flexible and prepared tend to benefit most during periods of global transition. This video is sponsored by Gemini. All opinions expressed are my own and not influenced or endorsed by Gemini. Gemini-branded credit products are issued by WebBank. For more information regarding fees, interest, and other cost information, see Rates & Fees: gemini.com/legal/cardholder-agreement Some exclusions apply to instant rewards; these are deposited when the transaction posts. 4% back is available on up to $300 in spend per month for a year (then 1% on all other Gas, EV charging, and transit purchases that month). Spend cycle will refresh on the 1st of each calendar month. See Rewards Program Terms for details: gemini.com/legal/credit-card-rewards-agreement Checking if you’re eligible will not impact your credit score. If you’re eligible and choose to proceed, a hard credit inquiry will be conducted that can impact your credit score. Eligibility does not guarantee approval. Analysis reflects Gemini Credit Card holders who earned bitcoin rewards between 10/08/2021 and 10/05/2024 and held all such rewards in their Gemini account through 10/05/2025. Calculation is based on bitcoin market value changes during the holding period. Individual results will vary depending on spend behavior, chosen rewards currency, holding duration, and market performance. Past performance is not indicative of future results. This information is for general informational purposes only and does not constitute investment advice. For business inquiries, you can reach me at [email protected] *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice.
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