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Ray Dalio October 21st Charlie Rose Interview

Charlie Rose Interview with Ray Dalio

3-core issues are happening:

1. deleveraging.
2. U.S. fiscal and monetary stimulus are out of bullets.
3. Political parties are not able to sit down and have an intelligent conversation on how to resolve the problems.

#3 is why there is zero hope. They will let major damage occur to the economy prior to having an intelligent conversation and resolve the current economic problems.