Will Bitcoin follow in Golds Footsteps and become Outlawed, Ray Dalio gives his reason why this is a high probability!

有句老话说“失败是成功之母”，因为从失败中吸取教训，然后改进，不再犯同样的错误，这样就可以成功了。而最近又改成了“失败不是成功之母，成功才是成功之母”，理由是从失败的经验中学到的还是失败，怎么能成功呢？应该从成功的经验里面学习如何成功，才更有可能成功啊。 但如果你真这么想，那就错了。 正确的思维方式是：具体问题具体分析。 成功方法论

Why Bridgewater Triples Bets Against European's stocks? The youtube video below about debt cycle (by Dalio himself) tells us what he thinks.