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Ray Dalio Predicts Bleak Future For Markets

by valuewalk.com posted 1year ago 641 views
Now Dalio has a new warning for anyone who’s willing to listen. In October he admonished a room full of central bankers in New York that there was simply too much debt in the world. At the time, total global debt was an astounding $152 trillion. Total debt has now risen to $217 trillion, according to a report published last month by the Institute for International Finance. And as Dalio points out, this has consequences.