Business
‘Really concerning’: Billionaire investor warns historical trend repeating – Yahoo Finance Australia
There’s a cycle that has repeated thousands of years through history. Here’s where we’re at in 2020.
Ray Dalio has shared how the new world order will come about. Image: Getty
The global coronavirus recession was unprecedented in its speed and scale, but billionaire investor Ray Dalio said history provides insight into where the economy is heading next.
Speaking at the Yahoo Finance All Markets Summit in America, the Bridgewater Associates founder said there is a confluence of factors that makes this financial crisis an echo of others that trace back thousands of years through history.
Dalio said…
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