Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Bridgewater's Dalio sees U.S. divided, in 'terrible financial state'

Published 01/24/2021, 02:30 PM
Updated 01/24/2021, 02:35 PM
© Reuters. FILE PHOTO: Bridgewater Associates' Dalio speaks at the 2017 Forbes Under 30 Summit in Boston

(Reuters) - 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 he liked what he heard from President Joe Biden at his inauguration.

The hedge fund billionaire wrote that the question was whether the president and both parties in Congress would work together "for peace and prosperity that addresses the big wealth, values, and opportunity gaps we're now seeing."

Dalio has previously criticized https://www.reuters.com/article/us-usa-wallstreet-dalio/u-s-income-inequality-a-national-emergency-billionaire-ray-dalio-idUSKCN1RG2VU a widening wealth gap and under-investment in public education in the United States, which he has linked to lower high school graduation rates, greater disparity in test scores, and lower teacher pay.

Latest comments

If one refuses to see the limits of what governments can and can NOT deliver than massive reeducation is needed. L.B. Johnson declared a war on poverty and what has it accomplished??? The efforts now are just to score political rewards and fool people into a vote. So many people flock to the USA from all over the world for the opps available and do well and if you think Biden can unite anybody then you just are not paying attention and can only score points with the young and or gullible.
well, crime rates are at the lowest they've ever been in the history of the country and the overall poverty level has gone down tremendously since Johnson's policies were enacted
well, crime rates are at the lowest they've ever been in the history of the country and the overall poverty level has gone down tremendously since Johnson's policies were enacted
Well, crime rates are at the lowest they've ever been in the history of the country and the overall poverty level has gone down tremendously since Johnson's policies were enacted. So I'd say it accomplished a lot.
it's all good
If he is so critic to wealth gap he should start giving away part of his billions.
Already does
He has and he is smart to not give them away all at once but to pick and give away where it is needed most...
Believe what a politican DOES, NEVER what a politican says.
Opportunity gaps? For who? The lazy and uninspired?
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.