Hedge fund manager Ray Dalio says the economy isn't growing because 'the world has gone mad'

Ray Dalio recently spelled his thesis on why the economy is broken in a LinkedIn post titled: "The World Has Gone Mad and the System Is Broken."

Dalio also attacked the country's ballooning debt and disproportionate access to credit, which is fueling the wealth gap. "Large government deficits exist and will almost certainly increase substantially, which will require huge amounts of more debt to be sold by governments — amounts that cannot naturally be absorbed without driving up interest rates at a time when an interest rate rise would be devastating for markets and economies because the world is so leveraged long," Dalio wrote.. This is a 26% increase from 2018 and the largest gap in seven years.

"This whole dynamic in which sound finance is being thrown out the window will continue and probably accelerate," he wrote."Right now many pension funds that have investments that are intended to meet their pension obligations use assumed returns that are agreed to with their regulators. They are typically much higher than the market returns that are built into the pricing and that are likely to be produced," Dalio wrote.

Part of why the pending economic collapse will be epic. Many of the obvious indicators ppl use to say the economy is in great shape are easily manipulated.

As this pertains to IPO, startups, unicorns, and cheap money, it’s important to recognize also that MLS is going to eventually come to a screeching halt:

“The U.S. federal deficit was $984 billion for fiscal 2019. This is a 26% increase from 2018 and the largest gap in seven years.”

Like 2008 never happened. Cheap money for the 1%er's to gamble with. Let U.S., world economy's burn to the ground, crash and have a fire sell.

All billionaires are thieves and liars

Shhh. You’re not supposed to rat out the gravy train.

Dalio is now right up there with Paul Krugman on the fear monger, always babbling, not worth listening to scale

They, and others are pumping “momentum” stocks and biotechs with such loans and CDA; to those who bought early, usually some part of inside setups of IPOs, or leads ... they made big returns at low risk; but now momos are at super critical risk; at lower yield to reward;

Not only cheap... with minus interest like Germany with -2 interest for 100 years

THIAGOSALOMAO But the economy is growing.

THIAGOSALOMAO Vem crash aí?

Disposable income for middle class hasn’t kept up with top 1%. Therefore consumers are hobbled as is an economy based on consumerism. Gotta wonder how theses guys got so rich!

Blame big governments and big central banks.

Actually, I think Dalio has gone mad

Dalio: Trump 1 in debt accumulation and income inequality is growing - Billionaire hedge fund manager Ray Dalio says the economy isn't growing because 'the world has gone mad' US Fed deficit is $984 trillion in 2019, up 26% vs '18; largest gap in 7 yrs

if u make it the corrupt liberals gonna take it!!!!

You ain't seen nuthin, yet. Read Pike's letter to Mazzini.

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