Thanks for watching this RTD News Snippet… It doesn’t matter whether it’s a 10% or 70% chance of a recession, it’s coming. The next recession will alter your life forever.
Ray Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world’s largest hedge funds. As of January 2018, he is one of the world’s 100 wealthiest people, according to Bloomberg.
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Recession depression,total collapse– none of these are terribly disconcerting to the wealthiest, because they make their money off the movement of global markets- whether that be up or down- and their assets insulate them from the rest of us anyway. But thanks for the head;s up, Ray.