Jul.02 — Ray Dalio, the billionaire founder of investment management firm Bridgewater Associates, says central bank balance sheets will “explode” as they do whatever it takes “to keep the system afloat.” The alternative is a “sinking ship,” Dalio said in a conversation with Bloomberg’s Erik Schatzker during the Bloomberg Global Asset Owners Forum.
In This Story: Ray Dalio
Raymond Thomas Dalio is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York.
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