(Reuters) – 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 the president. Joe Biden at his inauguration.
The hedge fund billionaire 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 lack of opportunities we see now.”
Dalio has previously criticized an increase in the wealth gap and underinvestment in public education in the United States, which he linked to lower high school graduation rates, higher disparities in test scores, and lower pay. of teachers.
Report by Kanishka Singh in Bengaluru; Edited by Daniel Wallis