Billionaire Ray Dalio Says Wealth Gap Is Largest Since 1930s

Jul.02 — Ray Dalio, the billionaire founder of investment management firm Bridgewater Associates, says ultra-loose monetary policy, the growing wealth gap, and the rise of a super power to challenge the U.S. are the three major forces on the global economy and financial system. He made the comments in a conversation with Bloomberg’s Erik Schatzker during the Bloomberg Global Asset Owners Forum.