On The Record: Ray Dalio discusses the shifting global order

The billionaire hedge fund manager warns that rising debt, capital imbalances and geopolitical tensions are pushing the world towards a breakdown of the current monetary system

Hadley Gamble
Hadley Gamble

January 23, 2026

Updated: January 23, 2026, 6:02 PM

Most popular today

1

Man United v Tottenham player ratings: Fernandes 8, Mbeumo 7; Romero 1, Vicario 7

2

Register now for The National’s award-winning journalism – free and tailored to you

3

Syria’s fragile unity faces new test in Sweida’s Druze heartland

4

Trump officials court wealthy Iranian exiles for transition plan if Khamenei's regime is toppled

5

Witkoff and Kushner visit USS Abraham Lincoln carrier after talks with Iran

6

Going underground: Can the Dubai Loop help solve traffic congestion?

7

Tech watches and robot dogs: Dubai contractor Alec bullish on AI but expects hard hats to stay

8

Elite police units at UAE Swat Challenge relish chance to compete in 'world's best' contest

9

Indian artist Rouble Nagi wins $1 million world's best teacher prize

10

Athletes hail 'unique opportunity' of Open Masters Games Abu Dhabi