Billionaire investor Ray Dalio says the Silicon Valley Bank failure marks a 'canary in the coal mine' that will have repercussions beyond the VC world

• Ray Dalio said the Silicon Valley Bank failure is a "canary in the coal mine" for what's to come. 
• Dalio wrote Tuesday that this is part of the classic "bubble-bursting part" of the short-term debt cycle. 
• He explained how it fits into broader historical trends and debt cycles.

Billionaire investing veteran Ray Dalio said the Silicon Valley Bank failure marks a "canary in the coal mine" moment that will spark steep repercussions across the financial world.