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Monday, July 18, 2011

New Yorker article on Ray Dalio of Bridgewater Associates

The New Yorker is out with a great interview with the founder of Bridgewater Associates - Ray Dalio. In the interview he warns of issues of money printing and how we will be in for really hard times in 2012 / 2013. It is worth listening to Dalio as he runs the worlds largest fund with something of $80B under management (via mutual funds, hedge funds, and other strategies). He makes the argument that indebted countries like the U.S. will start to monetize debt - this is a pretty frightening thought and if true would lead to tought times in both the currency and debt markets. It is a bit lenghty but well worth the read.


Ray Dalio _ the New Yorker

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