Legendary billionaire Ray Dalio told a crowd at Davos that the next economic meltdown scares him more than anything — here’s what he said, and why he’s so worried
|01/23/2019||Posted by BusinessMediaguide.Com under General World News||
- Ray Dalio, the founder and co-chief investment officer of Bridgewater Associates — the world’s largest hedge fund — recently spoke on a panel at Davos.
- The investing billionaire shared why the next economic recession has him more scared than anything, and explained why it reminds him of the Great Depression.
- Dalio also shared his outlook for China, which is saddled with a debt load that’s similarly exorbitant when compared to the US.