If you’re at all like me, you’re trying desperately to make sense of the sh*tstorm that we call our nation’s economy. I found this recent interview with Ray Dalio in Barron’s (by Sandra Ward) to be very enlightening:
http://online.barrons.com/article/SB123396545910358867.html
Mr. Dalio is the Chief Investment Officer of Bridgewater Associates, one of the larger hedge funds out there. He was one the earliest people to sound the alarm about “the dangers of excessive financial leverage.” He does a great job describing the deleveraging and deflationary process that has been happening around the world…what he calls the “D-Process”. Batten down the hatches everyone…we’re in for a fun ride over the next couple of years. ~ Chris
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