Coronavirus combined with zero interest rates 'really worries me,' Bridgewater's Dalio says By Reuters

in hive-116221 •  5 years ago 

Shared From Dlike

Extremely rich person support investments administrator Ray Dalio, whose primary Bridgewater Associates LP fence stock investments fell strongly in the midst of the coronavirus-drove showcase defeat, is worried about the blend of zero loan cost strategy and the developing wellbeing pandemic, he said in a note Monday.  

"I have been worried that when the monetary downturn would come, it would prompt hitting the 0% loan cost in a financial downturn with a great deal of obligation remarkable and large riches and political holes the way that setup of occasions happened the 1930s," Dalio composed.  


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #appeals channel in our discord.