{"id":784766,"date":"2026-05-09T18:04:23","date_gmt":"2026-05-09T18:04:23","guid":{"rendered":"https:\/\/www.europesays.com\/us\/784766\/"},"modified":"2026-05-09T18:04:23","modified_gmt":"2026-05-09T18:04:23","slug":"u-s-dollar-collapse-a-39-trillion-debt-crisis-is-quietly-predicted-to-trigger-a-huge-bitcoin-price-boom-to-rival-gold","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/784766\/","title":{"rendered":"U.S. Dollar \u2018Collapse\u2019\u2014A $39 Trillion Debt \u2018Crisis\u2019 Is Quietly Predicted To Trigger A Huge Bitcoin Price Boom To Rival Gold"},"content":{"rendered":"<p>Bitcoin has rocketed 30% since the beginning of the U.S. war in Iran (<a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/07\/bitcoin-and-crypto-are-suddenly-braced-for-two-major-price-earthquakes\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/07\/bitcoin-and-crypto-are-suddenly-braced-for-two-major-price-earthquakes\/\" target=\"_self\" aria-label=\"with two massive shocks now hurtling toward the bitcoin price\" rel=\"nofollow noopener\">with two massive shocks now hurtling toward the bitcoin price<\/a>).<\/p>\n<p><a class=\"color-link\" href=\"https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\" target=\"_self\" aria-label=\"Sign up now for CryptoCodex\" rel=\"nofollow noopener\"><strong data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\">Sign up now for <\/strong><strong data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\">CryptoCodex<\/strong><\/a><strong>\u2014A free crypto newsletter that will get you ahead of the market<\/strong><\/p>\n<p>The bitcoin price remains far from its 2025 peak of $126,000 per bitcoin, however, even as <a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/04\/30\/bitcoin-revealed-as-us-weapon-amid-fears-china-stockpiling-could-trigger-price-chaos\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/04\/30\/bitcoin-revealed-as-us-weapon-amid-fears-china-stockpiling-could-trigger-price-chaos\/\" target=\"_self\" aria-label=\"U.S. secretary of war Pete Hegseth signals China is secretly stockpiling bitcoin\" rel=\"nofollow noopener\">U.S. secretary of war Pete Hegseth signals China is secretly stockpiling bitcoin<\/a>.<\/p>\n<p>Now, <a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/02\/go-time-white-house-quietly-confirms-may-bitcoin-price-bombshell\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/02\/go-time-white-house-quietly-confirms-may-bitcoin-price-bombshell\/\" target=\"_self\" aria-label=\"as traders brace for an \u201cimminent\u201d White House bitcoin game-changer\" rel=\"nofollow noopener\">as traders brace for an \u201cimminent\u201d White House bitcoin game-changer<\/a>, legendary billionaire Ray Dalio has warned the U.S. dollar is teetering on the brink of collapse\u2014just as JPMorgan analysts predict a huge rotation from gold to bitcoin.<\/p>\n<p><a class=\"color-link\" href=\"https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#49ee29f83534\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#49ee29f83534\" target=\"_self\" aria-label=\"Sign up now for the free CryptoCodex\" rel=\"nofollow noopener\"><strong data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#49ee29f83534\">Sign up now for the free <\/strong><strong data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#49ee29f83534\">CryptoCodex<\/strong><\/a>\u2014<strong>A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin price and crypto market swings<\/strong><\/p>\n<p><a class=\"embed-base color-body color-body-border link-embed embed-1\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/07\/bitcoin-and-crypto-are-suddenly-braced-for-two-major-price-earthquakes\/\" target=\"_blank\" aria-label=\"Bitcoin And Crypto Are Suddenly Braced For Two Major Price Earthquakes\" data-ga-track=\"forbesEmbedly:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/07\/bitcoin-and-crypto-are-suddenly-braced-for-two-major-price-earthquakes\/\" rel=\"nofollow noopener\">ForbesBitcoin And Crypto Are Suddenly Braced For Two Major Price EarthquakesBy Billy Bambrough<\/a><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/05\/1778349863_333_0x0.jpg\" alt=\"bitcoin, bitcoin price, U.S. dollar, gold, image\" data-height=\"4000\" data-width=\"6000\" fetchpriority=\"auto\" style=\"position:absolute;top:0\"\/><\/p>\n<p>The U.S. dollar is suffering from a sustained period of debasement, which some fear could spiral into a full-blown collapse\u2014boosting gold and the bitcoin price.<\/p>\n<p>Getty<\/p>\n<p>&#8220;The United States now spends $7 trillion. It takes in about $5 trillion, so it spends 40% more than it takes in,&#8221; Dalio, the founder of the world\u2019s biggest hedge fund Bridgewater Associates, <a class=\"color-link\" href=\"https:\/\/www.nytimes.com\/2026\/05\/07\/opinion\/american-empire-future-ray-dalio.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.nytimes.com\/2026\/05\/07\/opinion\/american-empire-future-ray-dalio.html\" aria-label=\"told\">told<\/a> the New York Times\u2019 Interesting Times podcast.<\/p>\n<p>&#8220;It\u2019s been running those deficits for a while, so it has a debt that\u2019s about six times its income, the amount that it takes in. And you can see throughout history that that produces problems.&#8221;<\/p>\n<p>U.S. debt has skyrocketed in recent years following huge government spending through the Covid-era and lockdowns, with interest rates that were rapidly hiked to rein in inflation adding to the cost of servicing the ballooning $39 trillion U.S. debt pile.<\/p>\n<p>\u201cSo when we look at history, we see that in all such periods, all the fiat currencies go down. And gold goes up,\u201d Dalio said, pointing to gold currently being \u201cthe second largest reserve currency of central banks.\u201d<\/p>\n<p>A future \u201cfinancial crisis will mean that the capacity to spend will be very limited,\u201d Dalio said when asked if the economy is headed for \u201ccrisis and collapse,\u201d adding he doesn\u2019t \u201cthink any of the fiat currencies will be effective store holds of wealth.\u201d<\/p>\n<p>Dalio\u2019s warning comes at the same time as analysts with Wall Street giant JPMorgan see &#8220;the debasement trade [rotating] from gold to bitcoin.&#8221; <\/p>\n<p>The gold price has doubled over the last two years, climbing alongside silver, as traders bet that continued inflation and Federal Reserve money printing will devalue and debase the U.S. dollar.<\/p>\n<p>In a note <a class=\"color-link\" href=\"https:\/\/www.theblock.co\/post\/400486\/jpmorgan-bitcoin-over-gold-debasement-trade-iran-conflict\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.theblock.co\/post\/400486\/jpmorgan-bitcoin-over-gold-debasement-trade-iran-conflict\" aria-label=\"seen\">seen<\/a> by The Block, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said they\u2019re seeing bitcoin, sometimes called \u201cdigital gold\u201d due to its capped supply and immutable nature, gaining over gold as the debasement trade after the Iran conflict, as bitcoin exchange-traded funds (ETFs) inflows outpace gold ETFs.<\/p>\n<p><a class=\"color-link\" href=\"https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\" target=\"_self\" aria-label=\"Sign up now for CryptoCodex\" rel=\"nofollow noopener\"><strong data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\">Sign up now for <\/strong><strong data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/newsletter\/cryptocodex\/#2451f12d3534\">CryptoCodex<\/strong><\/a><strong>\u2014A free crypto newsletter that will get you ahead of the market<\/strong><\/p>\n<p><a class=\"embed-base color-body color-body-border link-embed embed-2\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/05\/sudden-bitcoin-price-surge-fuels-huge-16-trillion-supercycle-prediction\/\" target=\"_blank\" aria-label=\"Sudden Bitcoin Price Surge Fuels Huge $16 Trillion \u2018Supercycle\u2019 Prediction\" data-ga-track=\"forbesEmbedly:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/05\/05\/sudden-bitcoin-price-surge-fuels-huge-16-trillion-supercycle-prediction\/\" rel=\"nofollow noopener\">ForbesSudden Bitcoin Price Surge Fuels Huge $16 Trillion \u2018Supercycle\u2019 PredictionBy Billy Bambrough<\/a><\/p>\n<p>The bitcoin price has bounced after plunging at the beginning of the U.S. war in Iran. <\/p>\n<p>Forbes Digital Assets<\/p>\n<p>In March, another billionaire investor, Stanley Druckenmiller, predicted the U.S. dollar won\u2019t be the world\u2019s reserve currency in 50 years\u2014<a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/03\/14\/were-doing-everything-we-can-to-destroy-it-legendary-billionaire-predicts-us-dollar-collapse-amid-bitcoin-price-rally\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/03\/14\/were-doing-everything-we-can-to-destroy-it-legendary-billionaire-predicts-us-dollar-collapse-amid-bitcoin-price-rally\/\" target=\"_self\" aria-label=\"possibly replaced by bitcoin or crypto\" rel=\"nofollow noopener\">possibly replaced by bitcoin or crypto<\/a>.<\/p>\n<p>\u201cWe\u2019re doing everything we can to destroy it,&#8221; Druckenmiller said, likely referring to the spiraling U.S. budget deficit, which he has previously described as a \u201cdebt bomb.\u201d The dollar will &#8220;probably outlive me [but] I doubt it\u2019ll be the reserve currency in 50 years.\u201d<\/p>\n<p>Druckenmiller, calling the dollar \u201cthe cleanest, [dirty] shirt,&#8221; said he didn\u2019t know what might replace the dollar as the world\u2019s reserve currency but said he could be \u201csome crypto thing [that] I hate,&#8221; echoing a prediction he first made in 2021.<\/p>\n<p>Elsewhere, Tesla billionaire Elon Musk has also (<a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2025\/12\/21\/the-true-currency-750-billion-tesla-ceo-elon-musk-sparks-wild-bitcoin-speculation-amid-infinite-money-glitch-debate\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2025\/12\/21\/the-true-currency-750-billion-tesla-ceo-elon-musk-sparks-wild-bitcoin-speculation-amid-infinite-money-glitch-debate\/\" target=\"_self\" aria-label=\"repeatedly\" rel=\"nofollow noopener\">repeatedly<\/a>) predicted the end of the U.S. dollar, <a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2025\/12\/21\/the-true-currency-750-billion-tesla-ceo-elon-musk-sparks-wild-bitcoin-speculation-amid-infinite-money-glitch-debate\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2025\/12\/21\/the-true-currency-750-billion-tesla-ceo-elon-musk-sparks-wild-bitcoin-speculation-amid-infinite-money-glitch-debate\/\" target=\"_self\" aria-label=\"sparking speculation he\u2019s gearing up for a bitcoin bombshell\" rel=\"nofollow noopener\">sparking speculation he\u2019s gearing up for a bitcoin bombshell<\/a>.<\/p>\n<p>Musk has warned that the world is headed for a post-fiat currency situation, declaring energy \u201cthe true currency\u201d and fueling speculation among bitcoin supporters that he\u2019s quietly backing the cryptocurrency.<\/p>\n<p>Meanwhile, former Federal Reserve chair Janet Yellen has <a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/04\/16\/former-fed-chair-issues-shock-hyperinflation-us-dollar-warning-fueling-huge-bitcoin-price-predictions\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/04\/16\/former-fed-chair-issues-shock-hyperinflation-us-dollar-warning-fueling-huge-bitcoin-price-predictions\/\" target=\"_self\" aria-label=\"warned that U.S. president Donald Trump could be pushing the U.S. dollar toward \u201chyperinflation&quot;\" rel=\"nofollow noopener\">warned that U.S. president Donald Trump could be pushing the U.S. dollar toward \u201chyperinflation&#8221;<\/a>\u2014a situation some think <a class=\"color-link\" href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/04\/06\/bitcoin-is-suddenly-braced-for-a-federal-reserve-price-surprise\/\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/digital-assets\/2026\/04\/06\/bitcoin-is-suddenly-braced-for-a-federal-reserve-price-surprise\/\" target=\"_self\" aria-label=\"could blow up the bitcoin price\" rel=\"nofollow noopener\">could blow up the bitcoin price<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin has rocketed 30% since the beginning of the U.S. war in Iran (with two massive shocks now&hellip;\n","protected":false},"author":3,"featured_media":784767,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[7566,90814,64,79,9401,1439,8940,67,132,68],"class_list":{"0":"post-784766","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bitcoin","9":"tag-bitcoin-price","10":"tag-business","11":"tag-economy","12":"tag-gold","13":"tag-u-s","14":"tag-u-s-dollar","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116545944565771304","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/784766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=784766"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/784766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/784767"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=784766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=784766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=784766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}