Ray Dalio's Dire Forecast: Banking Collapse, US Dollar Volatility, and Recession on the Horizon

Ray Dalio's Dire Forecast: Banking Collapse, US Dollar Volatility, and Recession on the Horizon

Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which manages $154 billion. Working to make sure Bridgewater survives him, Dalio moved in 2018 to turn Bridgewater into a partnership and give employees more of a stake in the firm. Dalio grew up in a middle-class Long Island neighborhood and started playing the markets at age 12, getting tips from golfers for whom he caddied.

Video Recorded on April 27, 2023

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