I would add bitcoin to the mix. Having a stake in a parallel financial system is good.
But maybe what is even worse than a crisis is slow decline. What if our lives get worse for the next four decades? Slowly cooked frog...
I also think Dalio is overestimati g China. I would not trust a single number coming from Chinese government. If we talk about decline of dollar, the way to approach is against what? What is the alternative? The problem is that all alternatives currently are worse - either too small, or with capital controls and closed capital markets. Renmibi will not be a new reserve currency. I don't trust FED, but I don't trust Chinese funny money even more - with closed capital markets, the value is sandcastles in dreamland. What else is there? South American hyperinflationary shitcoins or euro led by delusional people that we do not trust even in Europe...