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Ray Dalio Predicts Possible "1930s-Like" Economic Disruption. 5 Essential Safeguards for Retirees in Uncertain Times.
When Ray Dalio speaks, people listen. At least, they probably should listen.Dalio founded the super-successful hedge fund Bridgewater Associates. His net worth stands at roughly $14 billion. He has studied the financial markets for decades and even predicted the 2008 financial crisis, warning in 2007 about serious risks in the financial system.Now, Dalio is sounding the alarm again. He said in a recent interview on NBC's Meet the Press that he's "worried about something worse than a recession." Dalio fears that we may be on the verge of a breakdown in the world's monetary order that would disrupt the global economy on a scale similar to that experienced in the 1930s.Continue reading
When Ray Dalio speaks, people listen. At least, they probably should listen.
Dalio founded the super-successful hedge fund Bridgewater Associates. His net worth stands at roughly $14 billion. He has studied the financial markets for decades and even predicted the 2008 financial crisis, warning in 2007 about serious risks in the financial system.
Now, Dalio is sounding the alarm again. He said in a recent interview on NBC's Meet the Press that he's "worried about something worse than a recession." Dalio fears that we may be on the verge of a breakdown in the world's monetary order that would disrupt the global economy on a scale similar to that experienced in the 1930s.
