LinkedIn/Ray Dalio/11-1-2022
“The good thing is that the scary realities are now much more broadly recognized than they were a couple of years ago. The bad things are that a) conditions are deteriorating even faster than I expected, b) the cause/effect relationships and how they progress are not well understood, and c) nothing much is being done to halt their progressions.”
USAGOLD note: We thought it important to alert you of Dalio’s latest – a 4500-word treatise explaining “the mechanics of what is happening.” He says, “While I tried to make it simple, if you find it too dense, just scan to the next section. I promise you that it will be worth it.” Dalio believes in Ben Franklin’s maxim that “failing to prepare is preparing to fail.” He is particularly worried about the US slipping into a civil or international war with “the highest risk point being 2025-26.”
–––––––––––––––––––––––––––––––––––
Image attribution: Web Summit, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons
