Ray Dalio Explains Why America Is Entering A Horrific Financial Crisis, Buy This Dirt Cheap Asset
Ray Dalio recently gave an exclusive interview where he warned investors that there could be significant pain in the stock market in 2023 and 2024. According to Dalio, stocks as a group may perform poorly, and he believes that cash currently offers a better relative return. Ray Dalio, throughout the interview described the long term debt cycle and how it affects us as we participate in the economy, which helps to explain what the economic environment may look like over the next few years. Ray Dalio is one of the most successful investors of all time with a net worth of 19 billion dollars, primarily built through founding Bridgewater Associates that is currently the biggest hedge fund in the world. In today’s discussion, I will share some clips from Ray Dalio’s latest interview, where he talks about the long-term debt cycle and which assets are likely to perform well going forward from here.
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