#DavosBrainstorm2024: Ray Dalio On The 5 Big Changes That He Is Watching For In 2024

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At #DavosBrainstorm2024, Siddharth Zarabi, Managing Editor of Business Today TV, had an exclusive conversation with Ray Dalio, Founder and CIO Mentor of Bridgewater Associates, USA outlined five major forces shaping 2024. Firstly, he emphasized the significance of global debt and money dynamics, particularly focusing on the United States. Second, he delved into the internal conflict within the U.S., citing irreconcilable differences and the impact of populism on democracy. Third, Dalio discussed the great geopolitical conflicts arising when a rising power challenges existing ones, with ongoing wars in Europe and the Middle East. He underscored the unprecedented combination of domestic and international uncertainties. The fourth force he highlighted was the historical impact of acts of nature, now compounded by climate change, carrying an estimated cost of 5-10% of world GDP. Lastly, he emphasized the critical role of technology, now more than ever. The conversation provided insights into the intricate web of global dynamics that will define the trajectory of 2024.
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One secion abàut Breton Woods system, not official consult

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