Ray Dalio: back to the 1930s

In economic and political terms, today’s environment has a lot in common with the late 1930s, warns Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, the world’s biggest hedge fund.

Ray Dalio © Astrid Stawiarz/Getty Images for LinkedIn

(Image credit: Ray Dalio © Astrid Stawiarz/Getty Images for LinkedIn)

In economic and political terms, today's environment has a lot in common with the late 1930s, warns Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, the world's biggest hedge fund. Writing on social media site LinkedIn, Dalio says that he sees three major parallels with that era which are likely to "produce serious problems" if and when a downturn arrives.

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