Capitalism needs to be reformed, warns billionare Ray Dalio

The "Squawk Box" news team discusses some of the morning's most provocative headlines.

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[ghillzballer]

Joe has the maturity of a toddler. Get him off the air - an embarrassment to the network.

[YARDSTYLERECORDS]

Joe your killing me!!! Just stop it.

Talking to Joe about this stuff is like trying to get computer from 1995 to load windows 10.
Ugh!

[ollinho]

Joe Kernen ... just terrible! CNBC get him off please....

[jfausset]

#WeDontHaveCapitalism #CorporateSocialism is what we have. We have pumped up equities. No one on SquawkBox seems to acknowledge how heavily subsidized Wall Street is. That’s why we have disparity. The average person doesn’t sit close enough to the financial centers to benefit from QE and fractional reserve lending. Government intervention on behalf of the #FinancialClass is not a free market. This is what you get when the rich make the rules. They get richer.

[dailydata]

When the 22 trillion debt explodes, well have reform.

[anthonyamaro]

Strictly free market economics would have been letting the banks fail

[lucnijs]

Joe, strengthening capitalism isn't (only) about elevating redistribution efforts

[johnsmith-fkfw]

"i made billions now lets change things" LOL

[vietimports]

Pure free market economics would result in literal slavery

[Kenny-qotz]

Damn damn damn. That was harsh. Telling the truth like that in the past 40 years there has been more deregulation than ever and this guy just keeps saying if there was more deregulation it would be better. For who joe? For who?

[Sxtnstn]

In the last 25 years US population grew by 30% mostly due to emigration from under developed countries.. take that into affect !!

[SM-sbtr]

2:10 - Would it be fair to say the newer generation is lazier than their parents?
"Let the mexican cut the grass I'll go play on my playstation".
Well the mexican will learn the trade, start his own business, invest and do better over the long term.
And then we scream Inequality

[braedonadams]

Dear god Joe is annoying. Putting aside his terrible viewpoints, he constantly interrupts people and can't even present a decent argument for his case. Replace him with someone who doesn't cause painful to hear arguments each and every time they appear

[NathanRyanAllen]

Capitalism reform? Automation? This just screams ANDREW YANG.


I like it.

[markbrier]

Joe can’t handle the fact that the kid is smarter than him.

[jsyk]

I don't think that Joe understands the "history of the world"

[stan]

Capitalism for the poor,
Socialism for the reach.
This is America.

[OG_Jin_Bling]

Hosts can't absorb Dalio's heavy thoughts. Response: 'But, Obama.' 🤦🏽‍♂️ Dude, Dalio could literally crush all of us with his wallet. Read before you talk 'capitalism' (just a slogan really). Read Dalio's last book and you'll understand this letter is nothing new. These hosts need to get off drugs while they're at it.

[zoojudy]

We do not have free market capitalize. We have corporate welfare.

[rsimson]

The reporter was so interruptive that he became the story. I had to go to Ray Dalio 's site to get what he is saying.