Ray Dalio warns of a a 'great sag' in the global business cycle, and central banks can't do much to stop it

Ray Dalio is warning that the world economy is in a"great sag" and central banks won't be able to fight it. According to CNBC, Dalio said that with interest rates so low around the world, central banks can't lift the economy through monetary policy alone. Instead the billionaire called upon a coordinated response from governments to lift the global economy. View Markets Insider's homepage for more stories.

Ray Dalio is warning that the world economy is in a"great sag" and central banks won't be able to fight it. According to CNBC, Dalio said that with interest rates so low around the world, central banks can't lift the economy through monetary policy alone. Instead the billionaire called upon a coordinated response from governments to lift the global economy. View Markets Insider's homepage for more stories.

His wife said same thing about his balls.

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Here’s How Hedge-Fund Billionaire Ray Dalio Says the Bull Market Will EndThough Ray Dalio, co-chief investment officer of Bridgewater Associates, sees similarities to the 1930s on several fronts, the founder of the biggest hedge fund on Thursday said he doesn’t see a market or economic crash, so much as a “great sag” ahead. barronsonline I tend to think we will see up to 10 years of downward trends and no growth in stocks
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