I /John Mauldin/ agree with Ray Dalio that we are almost certainly going to monetize it.
We are not going to get out of this debt trap by cutting benefits or raising taxes. I agree with Ray Dalio that we are almost certainly going to monetize it.
I highly suggest that you read his latest piece titled
“The World Has Gone Mad and the System Is Broken.”
It is the shortest and best summary of his views that he has put out in a long time.
think we will spend the latter part of the 2020s going through a kind of worldwide bankruptcy. We will collectively realize the situation can’t go on and find a way to end it. I’ve taken to calling this “the Great Reset.”
I highly suggest that you read his latest piece titled
“The World Has Gone Mad and the System Is Broken.”
It is the shortest and best summary of his views that he has put out in a long time.
think we will spend the latter part of the 2020s going through a kind of worldwide bankruptcy. We will collectively realize the situation can’t go on and find a way to end it. I’ve taken to calling this “the Great Reset.”
Ray Dalio is the thoughtful, somewhat controversial founder of the world’s largest hedge fund, Bridgewater Associates, which he started in 1975.
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