Culture, Economy & Business, International, Politics

Ray Dalio: What the Next Few Years Look Like

Politico:

Much in the world has changed since POLITICO launched in 2007. What will we confront over the next 15 years? In the first installment of our Conversations series, focusing on finance and competition, former Treasury Secretary Larry Summers sits down with Ray Dalio, the founder of hedge fund Bridgewater Associates and author of several books, including his latest Principles for Dealing with the Changing World Order.

Starting with the risk of inflation in the post-Covid world, the two then look ahead to the challenges of political polarization and global competition with China. “If one doesn’t worry, one needs to worry,” said Dalio. Added Summers: “I will worry most for our future when we become complacent and serene.”

Held in New York City, this conversation has been edited for length. You can watch the video above and read a full transcript… Read more…

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