In his latest essay, the Bridgewater chief argues the U.S. could impose capital controls and ban non-sovereign monies. This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, NEM.Today on The Breakdown, NLW reviews Ray Dalio’s latest essay, looking at:The six reasons why it doesn’t make sense to hold bonds anymoreWhy holding bonds is especially troubling in the concept of growing government money printingWhy sovereign bond holdings are shifting from the U.S. to China Why proposed wealth taxes are likely just the beginning of a more aggressive period of financial regulation Why we could see the government try to ban gold and bitcoin as their grip on reserve currency status weakens-Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.-Launching in mid-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.-Symbol from NEM is the connector between blockchain and business. It brings enterprise-grade security and programmability with cutting edge technical features for projects at the heart of the new economy -- join us by visiting symbolplatform.com or nem.io.-Image credit: Jason Alden/Bloomberg/Getty ImagesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.