Bridgewater’s Dalio sees US divided, in ‘terrible financial state’

Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a “terrible financial state” and remains “terribly divided,” but added that he liked what he heard from President Joe Biden at his inauguration.

The billionaire hedge fund wrote that the question was whether the president and both sides in Congress would work together “for peace and prosperity that addresses the great wealth, values ​​and gaps of opportunity we now see.”

Dalio has previously https://www.reuters.com/article/us-usa-wallstreet-dalio/us-income-inequality-a-national-emergency-billionaire-ray-dalio-idUSKCN1RG2VU widening wealth gap and underinvestment in public education in the United States, which he has associated with lower high school graduation rates, greater differences in test scores, and lower teacher pay.

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