Ray Dalio predicts pandemic will boost savings, self-sufficiency - Business Insider

Ray Dalio, founder, co-chief investment officer and co-chairman of Bridgewater Associates, speaks at the 2017 Forbes Under 30 Summit in Boston, Massachusetts, U.S. October 2, 2017.The billionaire co-chief of Bridgewater Associates predicted it would spur people to save more, prompt government to invest more in healthcare, and lead countries to manufacture critical equipment instead of importing it.

"Priorities are going to shift [towards] healthcare and building the basics," Dalio said in the interview.A top strategist for JPMorgan's $2 trillion asset-management arm shares his 4-part strategy for a coronavirus recovery — and breaks down a surprising bond-market bet "We're now going to be moving to a self-sufficient world," Dalio said, as both individuals and countries have realized that "they're all so vulnerable."

That’s not what happened in 1920.

Who is John Galt

It should but won’t. 1200 stimulus, no penalty mortgage deferrals, and 4K per month unemployment will now be expected.

But isnt cash trash?

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

John & Marilyn Wells Joined By Billy Ray, Mark Gordon & Other Industry Creatives In Raising Money For MPTF Emergency FundWriter, director and former WGA West President John Wells has launched a campaign to raise $500,000 for the MPTF Emergency Fund. Wells and his wife, Marilyn Wells, have put up $250,000 as a matchin…
Source: DEADLINE - 🏆 109. / 63 Read more »

Forbes Firsthand: Critical Small Business Survival StrategiesThe nation’s 30 million small businesses are the backbone of the nation, employing nearly half of all Americans. Here are their stories, as they strive to survive: XVGWhaleReal DomainsVvs PROSOLUTIONS 🗝️
Source: Forbes - 🏆 394. / 53 Read more »

Forbes Firsthand: Critical Small Business Survival StrategiesFew businesses have escaped the punishing effects of the pandemic. Forbes asked some of them to share the experience in their own words
Source: Forbes - 🏆 394. / 53 Read more »

Photo captures married nurse couple unite on the frontline of coronavirus pandemic - Business InsiderThrough layers of protective gear, a married nurse couple shared a tender moment while tending to coronavirus patients at a busy Florida hospital Right after she danced with her stuff? FakeNews FakePandemic emptyhospital shusimitrash
Source: BusinessInsider - 🏆 729. / 51 Read more »