Hedge fund manager Dalio says bipartisan effort needed for post-pandemic world

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Billionaire investor Ray Dalio, who founded the world's largest hedge fund, said on Monday that all sides need to collaborate to reconfigure capitalism for a post-pandemic world.

FILE PHOTO: Ray Dalio, Founder, Co-Chief Executive Officer and Co-Chief Investment Officer, Bridgewater Associates attends the annual meeting of the World Economic Forum in Davos, Switzerland, January 18, 2017. REUTERS/Ruben Sprich

Dalio, whose opinions on global problems and potential solutions are widely followed, said a bipartisan and productive effort is necessary to create economic transformation. “It can’t just be a transfer of wealth. It has to be an increasing amount of productivity,” he said at the World Economic Forum’s virtual Davos Agenda.

His comments came hours after he said on Twitter, “I believe we are on the brink of a terrible civil war ... where we are at an inflection point between entering a type of hell of fighting or pulling back to work together for peace and prosperity.”

 

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So talk to the republicans about that, they are the ones who do not want to govern, they only want to rule

From Dalio's mouth to God's ears, but who in the Republican party hasn't had their dose of the Kool-Aid?

uh...shouldn't he be fine either way?

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