Dalio from Bridgewater sees US split into “terrible financial state”

Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a “terrible financial situation” and remains “terribly divided,” but added that he liked what he heard from President Joe Biden at the inauguration. to.

The billionaire of the hedge fund wrote that the question is whether the president and both sides of Congress will work together “for peace and prosperity that addresses the great wealth, values ​​and opportunities we see now.”

Dalio has previously criticized https://www.reuters.com/article/us-usa-wallstreet-dalio/us-income-inequality-a-national-emergency-billionaire-ray-dalio-idUSKCN1RG2VU an increase in the wealth gap and sub-investment in public education in the United States, which was linked to lower high school graduation rates, higher disparities in test scores, and lower teacher salaries.

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