Bridgewater Associates Founder Ray Dalio talks with Yahoo Finance reporter Julia La Roche on the current state of the world, as well as the 2020 election and U.S. monetary policy.
#RayDalio #Dalio #YahooAMS
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Ray is a shill for the Chinese communist party.
@James Zell Easey, he is thinking economic growth. Rightfully so, astounding imcrease in Chinese standard of living.
While we decline in globalization and greed. Most US jobs are service jobs. Our middle class was erased.
40 years of supply side/trickle down FAILURE. Booms and Busts. Capitalism can do much better.
@James Zell yes, communism has been working great for china over the last 30 years.
@B H communism works when capitalist from the west pour trillions of dollars into infrastructure and plants to produce products for a capitalist consumer nations. Please don’t tell me you believe communism is a good economic model
@James Zell usa is on the decline, China is on the rise. The results speak for themselves.
@B H Chinas 300% debt to gdp US is 135%.
2% of global trade is done in Yuan.
75% in dollar.
Powell (a lawyer) and the Fed Reserve will ensure that the elite will be able to borrow $Trillions at interest rates less than inflation.
Sure but not for long. Inflation is not coming fast enough but it will.
Not if but when.
These billionaires have no idea what cash does. They talk like kleptocrats and don’t know anything about reality for normal people. Cash is security saving people from personal disaster including hunger and homelessness. He has no idea what normal people value in life.
True because they way people acquire cash is from labor, people working in the financial industry like traders/investors/ speculators do it with a few clicks so different attitudes towards money, investors see it as another asset which devalues overtime since it’s being created out of thin air.
When they talk about cash it is relative depreciation to other asset classes and they have a lot of it.
The $US will remain the global currency while it is still the dominant global military power.
The US military is not intimidating anymore, that time is gone. If the US dollar falls you have nothing
Technological progress determines military power in the long run.
@Dani Nofal Yes thats true, china is leading this progress and they belive that Big Data is the new oil of this generation. They must be stoped, westen democrocy is under attack.
@Alexander Lee America has only been king for 80, years, a rather small sample size. China’s has been the superpower many times over 4000 years of history
@Alexander Lee i hope your right
the title philanthropist in an age when homelessness, hunger, war and corruption are at all time highs for a so called first world is laughable
None of those are in a all time high. Not even close. War? Did you forget about WWII?
I’m no finance wizard, but if I’m following what Mr. Dalio is saying, the bankers (aka The Fed or Central bank), win at each level of monetary policy. 🤨 Go figure.
If you think banks are the winners, why aren’t buying their stocks ? You can own a part of the bank in this world.
@Chaos Stream Network He is refering to the central banks and you cant buy stocks of the central bank although Id really liked to.
Blah blah blah…basically MMT/UBI so the wealthy can preserve their status and wealth while things get bearable for the rest of us. Not a solution in my opinion. Let the system crash without the Fed intervening and allow the saver to prosper by being able to afford the things inherent in the American dream. I like Dalio but he’s been a beneficiary of the Fed put and selling out American ingenuity to the Chinese for Decades…
Just a man. on a sinking ship
When your hedge fund stops making money, you’ll do anything to stay relevant
Anyone listening to these money moving financier types for guidance is a fool. They have been screwing you over for decades
Pretty much yes.
But hey, these greedy bastxxxxs OWN the media outlets: so they will keep popping up left and right to preach their holy words to whoever has time to waste listening.
I only watch these videos/interviews to find confirmation in how desperate they have become.
Prescient?
“A government’s revenue base (cash flows as opposed to tax collection) is typically one of the most important factors in determining a credit rating. After the Moody’s recalibration, a greater level of general revenue is associated with higher ratings, while the impact of tax burden has been lessened. Apparently, Moody’s is more concerned about higher levels of revenue supporting GO debt service, and less about the burden on taxpayers. Also, more operating revenue, as a percent of general revenue, is less likely to lead to a higher rating after the recalibration. Because the operating ratio does not include capital grants and contributions, this may indicate that greater weight is being placed on the role of capital grants and contributions revenue, and the capital improvement projects such revenue may support, when determining higher ratings after recalibration. This is an area for further research.”
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So what ray is saying…. don’t trust banks and invest in bitcoin.
Thank you Ray. Keep making it clearer and clearer.
@Ducote okay ✌
@Hofni Amwaalwa so then you saying a 401k isn’t an investment? After all it does t create anything
@B H Its a compound interest machine that you contribute to every month. Dont complicate things, the point is your bitcoin unlike stocks, is an uproductive asset backed by no value other than investor speculation. Do you value bitcoin like a company? No, its virtually worthless. It is useful but worthless. Its the same as saying you are going to put your life savings in Eur/Usd currency pair.
@Hofni Amwaalwa it’s backed by energy. Lol worthless? It’s at 13k and growing, but that’s fine if you want to hold your money in fiat money and let it become inflated away
@B H Look up how much energy it takes just to create 1 bitcoin and see if its sustainable and in line with future energy conservation policies.
So jump off ship and invest in China?
Or stay with the sinking ship? Your choice?
Bridgewater’s investors choice?
Dont come to China…it is a shi”thole with nothing but fake data coming out of it. .难道你想住在一个没有法制的国家？ 哈哈哈哈” Dalio is wrong, and he is a fool when it comes to the China issue…
I would Ray to take a look at Argentina and try to explain it. Only his mind can.
Or Kamala Harris’s communist mind can.
we’re watching this guy because Buffet is a wall…
New Channel. Take a look if you like Photography!!!!
BTC > USD
I don’t really think WW2 was a scenario that 2nd world power challenge first. Despite economy boom, US was never seen as superpower back then. Europe was still leading power, especially in political theater, US isolationism ensured it was just a rich country, nothing more. WW2 was more like Germany wanted to be representative of Europe as world leading power and ended up screwing everything up and handed reign to 2nd world power
Come on Ray…quit trying to rationalize an epic failure. It’s pathetic to hear you try to justify that the dollar is relevant. Your dollar are worthless pieces of paper courtesy of your buddies at the Fed. Buy gold and call bs to this entire ponzi ran paper system that’s been corrupt for decades. Your being disingenuous…you know the system is a complete joke
18.min to say essentially… nothing. No words on Gates & Schwab’s scamdemic or the great reset?
Why should Ray indulge your paranoid fantasies?
Looks like BTC will be best option for the world, when no country could manipulate it.
@limlwl u mean nothing ur a piece of meat that doesn’t understand math and code. Hold ur cash
@strong mindandbody They already tried that. Didnt work.
@Crypto Space BTC is nothing, which is why when people say it’s gone up and they are going to make money. It means that the USD price to it has gone up, and now they want their USD. BTC gonna be ban soon anyways as per CB’s take on it after they roll out their Digital currency.
@limlwl I hear those words for years, nothing changed
Go study, u clearly dont understand
THEY CAN’T KILL INNOVATION WITH REGULATIONS YOU HAVE LAWS THAT PROHIBITS THAT
My fkin god, how long will ppl like u be ignorant? Again, hold ur stupid cash and stick it somewhere of your choice
@Hakim Habib you can only do that with the help of a licensed Expert Trader
Monetary policy 3 is “foreign aid” for Americans. Let’s hope government doesn’t siphon off the money before we get it.
Exactly
Of course the government will. And hope is not a strategy
🧡💛💚💙 The look in her eyes.. you just KNOW they banged after this interview. Ray Dalio is known as the MOST hung investor in the Macro Finance world. 🧡💛💚💙
He should go on Joe Rogan
Best idea i read all day!
Agreed
Btc. Just started.
communism is now called ” money policy 3 ” Who did the government bailout ? wall street, the banks .
Thank you Mr Dalio for that deep, coincise and easy to undersrand insight in the mechanism of contemporary economy
China is corrupt lacking international scam laws. Watch the China Hustle. I don’t trust anything associated with China.
Hi mike Pompeo crony
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Who trade with Jack recently ? He really made higher profit for me this period I’m so lucky
Yes sure my friend’s invested and told me about the good gain i feel bad because i wanted to invest next week that’s why i didn’t invest with them
I will contact Dr Jack on WhatsApp to invest i just wish my own investment will come out with higher profits
Scam
Ray Dalio is a shill for the communist party.
And he is far more intelligent and successful then you’ll ever be, so what does that say about China?
Buy gold 🥇 and silver 🥈 folks ✌️ 😷
Just this time America is now the fascist nation with its military empire failing and its petro dollar failing, guess the world is sick of handing over goods of real value for worthless US debt.
So the governments are only concerned about making the rich even richer!
Thank you. Great discussion and I always enjoy hearing from Mr Dalio. This rise in power my not be like history due to the special location of the power bases. In history new power was taking the place of the old power. But in this case the power bases are on the opposite sides of the world, so, there maybe a place for each power base as discussed by Prof. Steven Kotchin and Peter Ziehan.
Wrong fact
We have been rowing educated respect others save. That has not helped against the negative folks. A common bond you express I dream will come about and not as socialism. Thank you for your viewpoint and honest opinion
The crooks should be made to pay toward this debt. See how the American people that lived a very simple life were hurt. Hope hunger and feeling of defeat for their work has been realized
So China is getting all the capital flows??? Ray, how can I join the CCP so I can participate? Where do I go to invest in slaves and concentration camps? Id like to buy some Fentanyl futures too. And maybe some life insurance on half the citizens of the US.
I’ve allocated funds to fix his eyebrows
Stooooooppppp!!!!! 😂😂😂😂😂😂😂
Make treasury bills great again!
👏👍🇹🇩🇨🇦
How come he’s known all this for 12 years and is still getting crushed this year? Hmm. If he was handling my money, I’d be more interested in him getting back in the office instead of waxing poetic on TV.
It is a hedge fund…for the purpose of hedging. You wouldn’t put all your money in it.
It’s hard to move all that assets from one position to another that quickly
Ray Daio needs to quiet down about all his China/US predictions. With regard to the future, we as humans, need to be real careful about stating what we think will happen because the future is inherently difficult & impossible to predict with any reliability. The future has too many variables to be handcuffed to our silly predictions. Dalio was brilliant in avoiding the 2008 crash & thereby profiting from his positions. He did however completely miss the coronavirus crash and his clients payed dearly, as his alpha fund was down 20%. In reality, this is just what one would expect, because it is impossible to predict the future with regularity. Dalio’s confidence is built upon his 2008 win, sadly he forgot to be humble and now his clients have been brutally bearing the losses. So, please Ray stop it with all the pontificating about the new world order and this and that, and spend your time trying to be a good fiduciary for your clients!
Sounds like the Zionists are Playing us again as they’ve done since WW2 as war makes money as loans get bigger and wars get more expensive. The Lovely Rothschilds are laughing all the way to the Bank as they own it ! Dumb Fucks Corruption has always been there as Money is Power and The USA back it all the way by creating collapses so they can deflate the markets and go back in and buy it cheap . Blood sucking us with every trick in the book like this Scamdemic it’s just another smoke screen for Reset and push panic and collapse further than it ever could with out suspicion. Open your Eyes your all being Played
I think one thing could make all his thesis irrelevant: INTERNET
has he beat the S&P500 yet during the past few years? I thought Hedge funds are just money keeper earning 2% management fee.
when you listen this guy about wealth gap and how it is the problem, you would think he gave all his $ to charities… and as I know he did not…
In 1945 “they” decided a new world order? Ray you sound like a conspiracy theorist.
No actually it’s history. After ww2 all western nations were in ruins, aside from US which made it out with relatively far less loss of population and no large scale destruction of the homeland. So “they”, the US government struck an agreement with the weakened United Kingdom to begin a new world order, this was the end of British imperialist rule and the start of a new system of global financial system led by the United States. Again don’t take it from me just read or watch world history post ww2.
Spot on prediction.
“Diversify, diversify, diversify” he says. But the only assets he recommends are foreign currencies and other assets in foreign markets (and, indirectly, gold). Nothing specific about bonds or treasuries or commodities or tech or any other market sector. Oh, and certainly don’t hold dollars. Thanks, Ray.
The only western country that has low debt (20% compared to gdp) is russia so buy russian bonds (5% yield or something), gold, some stocks and hold cash and youre good to go
USA is literally bankrupt and other countries are supporting it buy supporting its currency due to need for oil
biggest hack of the century is that this content is free
The interest rate on this content ought to be negative.
are the biggest banks just waiting for the ripe time to crash the stock market as hard as possible and rip off all the other investors? this is the whole purpose of this ponzi scam? this is what they did at the end of Oct. 1929? is it similar to fishermen waiting for just the right time to pull up the net with the most fish? If think about it…they have been manipulating the stock markets all year, by pumping endless Q.E. into stock futures and bonds and what if they dont do that and instead sell? what happens then? on a domino effect ?
Mmmm I’m not worried about the Fed’s intent. However, you bring up a good point about commercial banks. Why are they lending to home owners but not businesses? Are they trying to acquire vast real estate similar to 2008-12?
Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investments are the easiest way to make money.
Invest in China at your own risk, remember if they make a decision…boom they just nationalize a company or anything else they want. Rule of law is what the communist regime says it is, NOT what the judicial system interprets based on the laws and rule of law. Yes, you can make money…but there are some SERIOUS concerns anyone should have before they decide they need to make the money.
Anyone who is a self called philanthropist is full of s***
The next global reserve currency will probably be digital.
And then there’s bitcoin
I’m confused.
1. Central banks cannot impose taxes.
2. The problem is not just government debt, but congressional mismanagement and abuse of its fiduciary responsibility.
3. He wants to restrict free markets, and have politicians decide who gets money? Gee what could go wrong there. See item 2…politicians mismanage and abuse our financial system. And you want to give them more control?
4. Expansion of unsecured credit and lending in the 80s, along with fallen savings/CD interest rates, changed us from a saving culture to a weakened debt culture. Instead of people earning interest in the bank, people are now enslaved to lifelong debt on credit cards, car payments, student loans, etc. Buying things they can’t afford, on things they don’t need, with money they don’t have. Need to get back to reality…if you can’t afford it, you can’t afford it.
5. He talks about the detriments of printing money, but then is in favor of Monetary Policies 1, 2, 3. Makes no sense.
6. The wealth gap is the problem…how so? And his solution…redistribution of wealth and government controls over who gets money and who doesn’t. Everyone gets a monthly stipend granted by the government, under the control of politicians and oligarchs at the top. How does that solve the wealth gap?
7. Cash is trash. Finally I agree. But item 2 explains why the USD is trash.
WAT A COKSUKA SHEEZUS IS THIS ANOTHER PYSOP LIKE PUCKERBERG ?
That wasn’t helpful diversify???
Let’s not forget that Ray has heavily invested in Chinese companies and assets, it’s in his best interest that the CCP keeps going and over takes the US as a global power. Traitor.
100%
Which Chinese companies? Is this on Dalio’s 13F?
Why would foreseeing and acting on it is traitor? China is coming very strong, that is fact.
@Sardor Eshkuvatov because he is shilling his market exposure. He like Bloomberg have talked abt China in very positive terms with no mention of violation of human rights and/or horrible working conditions for the Average Joe
@absoluttchamp not a big fan of CCP, but whatever they doing, it’s working.
The whole “money is debt” system don’t fly anymore because most of the world is bankrupt.
This guy is a China praising commie.
This man is brilliant
That lady is beeeaaauuutiful
Honestly if healthcare becomes honest, stops *UPCODING* and *Gaslighting* patients then people would become more productive, taxes would drop, people would have more disposable income, etc. etc. so who runs corrupt healthcare, Bush, Reagan, etc. had health conditions, were they being upcoded? The HHS runs the Dept. of Health?
When the left promotes a corrupt Presidential candidate like Biden who sells out the USA to foreign nations, then there is no reconciliation. When the media does not tell the truth, there is no reconcilliation. When one side wants a moral decay of the country, and the other wants to preserve family values, prosperity, and free enterprise, then there is no reconcilliation. The difference in value systems is stark, largely brought about by the welfare state, among other cultural differences. Leftist policies (including Keynesianism) are primarily to blame for these problems. The right is merely reacting to the left’s planned destruction of the country.
I was so surprised by their choice… It’s almost like they want to lose on purpose
Blah blah blah. Most economists have a doomsday narrative. So you’d think Dalio is short US equities? Wrong. He’s long.
The bleak narrative is a result of demand for such narratives. Some people get really excited when an expert predicts that the economy is going to crash.
Dalio does not differentiate corporate debt and Federal Reserve debt, as if they are the same. YEAH RIGHT. Unlike corporations, the Fed doesn’t haven’t to repay a penny of it’s debt. Defaulting is not a possible outcome for the Fed. After seven years the debt “falls off” the balance sheet.
The benefit of the Fed’s debt is economic growth and the ramification is inflation. For several minutes I’ve listened to Dalio warn about the danger of the Federal Reserve’s debt with no mention of using inflation measurements to inform monetary policy. Comparing the Fed’s debt to corporate debt is absurd.
Great interview, why doesn’t Ray go for president, and here we are with Trump???
BTC might be ban soon as CB launch their own digital currency
It is very important to have different streams of income and a diversified portfolio I have already invested in crypto which is very profitable and easy to gain
Exactly you are right I’m also happy to start investing
Stocks are good but we have to make the right plans
Yes Stocks are good but they are alot of businesses more convenient than stocks
President Dalio?
tell me about this private placement memorandum? 😐
please? 😐
😐
🦌🐐
😐
China is as overextended as USA, especially if you factor in their declining esteem, from what has been done to HK, Tibet, Falun Gang As well as all the Covid Deaths, and debt traps, now all visible!
hmm
A lot of good info for the individual investor but also what America can do as a whole. I like the bit at the end about having civility and a common goal. We need unity here in America.
Dalio is a sell-out and his Chinese analysis I disagree with。。。.”Dalio 给我闭嘴，你是个被收买过的傀儡！！“ In short, China weaponizes its economy, it can do this with such a large population that has spending power。。。。。 However, the data coming out of China is all BS。。。The concept is simple…. Get enough people to believe in the China story, then it will come true…….Dalio is playing his role in trying to make the CHina story come true…….He is a joke, and he is invested in China heavily. He has a lot to lose.
as far as i know there is a local crazy guy who has no business in our business but keeps spreading paranoia about you. if i were you, i would show him the cost for his interference in other people’s economies.. i can give you his business info if you want.
gun sales sky rocket every time there is a thunderstorm, a flood, a heavy rainfall, a heavy snow fall, literally, any form of a social crisis, …
i wanna start a gun company to be honest.. that is where the money is..
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I don’t know who needs to hear this, you’ve got to stop saving money. Invest some part of it, if you really want financial freedom.
It will be advisable to buy BTC today
I tried trading bitcoin once but was confused and got discouraged by the constant rise and fall in price.
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so just …. ignore!
i must say, on fundamentals, he was on point! (〃￣︶￣)人(￣︶￣〃)
I know Ray Diallo often says cash is trash, but some of us definitely cash reserves. I have some, but I don’t think it’s enough. I do have several dividend paying stocks. I am diversified as he says. I have paid down most of debt, but I think I need to focus on cash for the next 2-3 months, then I’ll focus on paying the rest of what’s left of my credit and invest here-and-there to meet my dividend targets. This would all get done faster if I had a higher salary, but I am grateful that I have one. You just do what you can and you gotta be grateful for what you’ve got.