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Bloomberg - Billionaire Hedge Fund Manager Ray Dalio Says Global Economy Faces ‘Scary Situation’

Bloomberg - Billionaire Hedge Fund Manager Ray Dalio Says Global Economy Faces ‘Scary Situation’

  • TV-G
  • 2019
  • 2mins
Oct.29 -- Billionaire hedge-fund founder Ray Dalio says the global economy is under threat from an explosive mix of ineffective monetary policy a rise in the wealth gap and climate change. The combination will lead to a “scary situation” over the next decade according to Dalio whose investment management firm Bridgewater Associates is the world’s biggest hedge fund. Dalio made the comments at an investment forum in Saudi Arabia.