Ray Dalio: U.S. Beautifully Deleveraging
Posted on May 19, 2012 at 14:17 PM EDT
This weekend’s Barron’s interview with Bridgewater Associates hedge fund manager Ray Dalio is full of insights into the global economies. Here are some key points: US America is executing deleveraging beautifully: it is doing so in a balanced way in the three key options: austerity, debt restructuring slowly and printing money. ‘Beautiful’ means “the way [...]
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