> For these reasons I believe a well-diversified portfolio of non-debt and non-dollar assets along with a short cash position is preferable to a traditional sto

> For these reasons I believe a well-diversified portfolio of non-debt and non-dollar assets along with a short cash position is preferable to a traditional stock/bond mix that is heavily skewed to US dollars. What exactly is he proposing? I think he is proposing to borrow cash, but can somebody ELI5 what is meant by non-debt, non-dollar assets?