Why billionaire Ray Dalio thinks another economic disaster is coming — and how he recommends preparing for it

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Why billionaire Ray Dalio thinks another economic disaster is coming — and how he recommends preparing for it (via CNBCMakeIt)

. "I was attempting to explain what a Chinese leader told me about how they think about governing," Dalio wrote. "I was not expressing my own opinion or endorsing that approach."

"What I think and what Bridgewater does are of minuscule importance relative to the rapidly growing risk of U.S. war with China," he wrote. "I hope that thoughtful attention will be paid to that issue and that mutual understandings will increase and inclinations to fight will diminish.Regardless of what happens, Dalio said on Friday, he has a simple principle for approaching future events: "If you worry, you don't have to worry.

One risk, for example, could be "location," meaning the physical place where you live and work. Dalio's book contains a "Health Index" that rates roughly a dozen nations on 18 factors like debt burdens, military strength and economic output.

But that doesn't mean you should exclusively choose other investments over a savings account, or vice versa. Amid chaotic times, Dalio said, you need your emergency savings to be funded by a safe, well-diversified portfolio.Dalio's first step to a strong portfolio is assessing your current investment strategy — if you have one — to figure out how many weeks you could financially survive if you lost your job.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt Maybe it's a deflationary gap

MakeIt 👌 Probability

MakeIt Guy missed to buy the dip .. he is looking for ways to get a new bottom. Probably won't happen unless there is another external force.

MakeIt This needs to be a video

MakeIt Because him bought almost all the gold of the world.

MakeIt China literally just ruined the world with covid... and still the world does nothing... China own the west's politicians.. China owes the west $trillions

MakeIt RayDalio is a disaster for his apologism for China’s CCP. WhereIsPemgShuai , Mr. Dario? Refute your support for this genocidal regime! How can your soul stand it? Or perhaps the money, and attention are too persuasive?

MakeIt Shiba is very happy!

MakeIt tons of co2, but not ym big goat to buy, they only talk about the Amazon, I would like to challenge you to buy and help us at the company, Leo.jlle1978gmail.com for more information

MakeIt Good evening gentlemen, allow me an opinion, I see you talking about environmental economics and among other matters, but I want to deal specifically with the environment, I have a carbon credit project in advance, which will generate 474,000,000 tons of co2,

MakeIt He’s been accumulating Bitcoin

MakeIt Because he’s been underperforming for a decade while the fed were pumping asset prices?

MakeIt Just what we need…

MakeIt Yes. Move to China and seek shelter with his buddies at the CCP ?

MakeIt This guy’s been playing the same note for over a decade

MakeIt Must be short

MakeIt The Disaster Arrived Long Ago when we traded checksandbalances and electionsecurity for the DoofusDuo of BidenHarris to choose DumbandDumber to lead was not a normal path AudittheVote CrossChecktheTech FranceBannedtheMailinSoShouldWe

MakeIt It's normal, it's the circle of life

MakeIt Oh war with China is coming too

MakeIt This guy is such a CNN philosopher I can’t wait to hear from him again!! Doesn’t he make investments too?

MakeIt Yeah I agree I think there will be a crash in the next 1-200 years.

MakeIt Hear what the money managers handling billions of dollars say But do NOT try to copy them Because their view and their plan is for their elephantine positions But you are a nimble and agile mouse that can exploit many more smaller opportunities

MakeIt bubble is coming

MakeIt This dude is criminal and the fed need to look into him

MakeIt Let me guess. Something that make Ray make more money?

MakeIt Thanks Biden

MakeIt Spread fears again

MakeIt Ray Dalio is a China yes man billionaire. The best billionaires have the balls to stand up to China.

MakeIt Can we trust Ray ‘China’ Dalio? 🤔

MakeIt 교회가 죄를 짓고 타락한 것은 하나님께서 어떤 분이신 알지 못해서 입니다 HealingCrusadeMenengai

MakeIt .m

MakeIt Military is always looking for an enemy to keep that 700+ Billion dollar milk wagon going. WW2 ended 1944 Korea War 1950-1953 Vietnam War 1955-1975 Cold War (Ended 1991) Gulf War (1991-2019) Looking for Another enemy . History tells the story.

MakeIt Can we see his stock and short disclosures?

MakeIt Meme stonks are safe heaven for economic disaster, because apes do not panic sell, when boomers do. $AMC $CLOV $PROG $GME.

MakeIt selling fear

MakeIt My Chinese Masters have told me to say.....

MakeIt Also same sir.. But we have lobot..

MakeIt GET LONG EVERYTHING

MakeIt Same as always. Diversify!

MakeIt uhhmm perhaps he is short!?

MakeIt FEAR. Great tactic.

MakeIt They themselves have no idea how they got to be so rich!

MakeIt Wait ……. Didnt he just say cash is trash? If a collapse is coming you want to be in cash. Sounds like hes talking out of both sides

MakeIt I'm worth about 30$ And i can see it coming

MakeIt Terms apply; gracias covered story

MakeIt I like Ray, I really do. but it’s not all that hard to predict what we are already witnessing happening all around us.

MakeIt It would help provide a safety net if Dems could pass their billionaire tax and he were contributing. No one person should be a billionaire.

MakeIt

MakeIt Not for him

MakeIt Hi, My name is Mujtaba and i want to introduce you to an amazing business opportunity that can change your life!. I am helping others to earn money online, if you are interested msg me on Whatsapp number: 00966565351326 Thank you

MakeIt The constant, fixed growth of non-performing capital gains must eventually lead to a preponderance of the capital economy over the real economy. And this must eventually lead to a collapse of all or parts of the economy. So-called bubbles MUST arise and burst and „burn“ money.

MakeIt They say the same thing at least weekly. I guess they will eventually be right.

MakeIt 😱Just again the wolves fleece the gullible 🐑 Sheep; 🙈🙉citizens🙊🙈 Then blame the Society Sheep and demand 💰 public assistance money

MakeIt If you buy RayDalio bullshits, you’re selling your country to Communist China.

MakeIt Say this every year

MakeIt An 'economic disaster' they created.

MakeIt Yes craptocurrency has no value

MakeIt if sure feels that way....

MakeIt Atari SA 🚀 FR0010478248 ATA🚀🔥🔥🔥💸💸💸💸💸💸💸💸💸💸💸✅✅✅✅✅✅✅✅✅✅✅✅✅ Snoop Dogg

MakeIt Hi, I please you very much to do that next economic disaster will not come. Please that we are not such people who don't delete economic disaster. There are such many Universities with excellent economists worldwide. With greetings.

MakeIt 😍😍🤩🤩🤩🤩🤩🤩😍😍😍

MakeIt This is nonsense. Spreading FUD to the unlearned

MakeIt He recommends bowing to Chyna

MakeIt How long can someone keep saying this until they are “right”. Part of being a great investor is being specific. It’s easy to keep saying a general statement that will eventually come true if you never have to be specific. Either say when a crash will happen or stop being general

MakeIt If you weren't born into wealth, privilege in America - your entire life is one economic disaster after another. These trust fund babies whine if they can't buy a 4th yacht while the people who actually PRODUCE are one biopsy away from a refrigerator box.

MakeIt How much do you know for you, to be a decent human being

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Confession: The real reason my 5-year-old still sleeps in a cribIt's why even as I write this, there's a pain in my heart. Somting Wong here?!? You might as well start fixing up your basement because that kid is never leaving that house ( ever ). I personally think you publicly posting about ur 5 year old still 😴 in a crib is more harming than him actually still 😴 in it.This post will remain on social media for any & all to torment him in the future with all the bullying still prevelant. Who does he have to thank 👇
Source: TODAYshow - 🏆 389. / 55 Read more »

What The Metaverse Will Mean For The Fashion IndustryThe new age of the internet, the so-called metaverse, is poised to transform how we think about self-expression and fashion.
Source: FashionCanada - 🏆 35. / 63 Read more »

Blake Shelton jokingly explains why Adam Levine wasn't invited to his wedding'I purposely did not invite Adam Levine to my wedding and I think it's funny,' Shelton laughed.
Source: TODAYshow - 🏆 389. / 55 Read more »

Internet backs woman who refuses to buy for bosses: 'We have never gotten a holiday bonus''Why am I buying these people things?' a Redditor wrote.
Source: Newsweek - 🏆 468. / 52 Read more »

The best albums of 2021In 2021 Yolanda Quartey (pictured centre) released an album that sounds like it was uncovered in some long-lost archive. Read about “Stand for Myself”, and our other albums of the year, here:
Source: TheEconomist - 🏆 6. / 92 Read more »

Western powers ask Russia to lower border tensions with UkraineUS and its allies call on Russia to reduce tensions with Ukraine while Washington says it's prepared 'to act resolutely' if Moscow continues military aggression on Kiev
Source: trtworld - 🏆 101. / 63 Read more »