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Ray Dalio says the world is in a ‘great sag’ and echoes the 1930s
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https://www.cnbc.com/2019/10/17/ray-dalio-says-the-world-is-in-a-great-sag-and-echoes-the-1930s.html
Hedge fund titan Ray Dalio believes it is too late for central banks to reverse a global slowdown.
Dalio is warning that current conditions remind him of the Depression-era environment.
He says the world is currently entering a “great sag” as the natural cycle of growth ends.
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