Ray Dalio: I predicted the 2008 CRASH, I know what is coming now!
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The man who predicted the 2008 stock market crash says that the warning signs are going off again! Ray Dalio, founder of the world's largest hedge fund, reveals why we are in an AI bubble, why the US is already in a downward spiral, and what he thinks will happen.
Ray Dalio is the founder of Bridgewater Associates, which he built from his two-bedroom apartment into a managed asset of approximately 150 billion dollars. He is the author of 'Principles', 'Principles for Dealing with the Changing World Order', and 'How Countries Go Broke'.
He explains:
◼ Why he agrees that we are in an AI bubble, and what actually causes bubbles to burst.
Why he believes that cash is the worst place to keep your money in the long term
The five forces behind his 'great cycle', and where he thinks we are now
◼ Why he says that the US and the UK are already in a downward spiral, and what comes next
What AI will do with jobs, and who will end up on which side of the wealth gap
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