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Ray Dalio Says the Quiet Part Out Loud: We Might Be Headed for Something Worse Than a Recession


Ray Dalio Says the Quiet Part Out Loud: We Might Be Headed for Something Worse Than a Recession: Ray Dalio doesn’t spook easily. The man runs Bridgewater Associates, the biggest hedge fund on the planet. He’s been through his share of economic storms. But when he starts warning that the global financial system might be on the brink of collapse, it’s probably time to sit up and listen. Appearing on Meet the Press this past Sunday, Dalio painted a picture that was anything but rosy. He didn't just toss around the “R” word—recession—like many economists have lately. He went several steps further, suggesting that we’re staring down the barrel of something much more serious. Think less "economic slowdown" and more "historic upheaval."

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