Ray Dalio: Southern Europe Is About to Enter a ‘Lost Decade’
Money and Finance

Ray Dalio: Southern Europe Is About to Enter a ‘Lost Decade’


Found via The Big Picture.

The euro zone crisis will likely create a “lost decade” in southern Europe, hedge-fund honcho Ray Dalio said Wednesday.

The founder of the hedge-fund giant Bridgewater Associates was speaking Wednesday morning at the Council on Foreign Relations in New York. During his hour-long remarks, Dalio touched on everything from how economic cycles work to the proper role of gold in a portfolio. He devoted special attention to Europe’s debt crisis, comparing the situation to the Latin American debt crisis and Japan’s lost decade.

Southern European countries are in the early stages of a major deleveraging that will produce a Depression-like environment, Dalio said.

“I think we’re going to have a bad set of economic conditions,” Dalio said. “You’ll go through 10 years of cycles, very much like Japan, where you’ll have bull markets and bear markets.”

But he added lost decades could be survived and typically took about 15 years to work through.

……………..

Related links:

An In-Depth Look at Deleveragings

How the Economic Machine Works




- The Soul Of A Hedge Fund 'machine'
Link to: The Soul of a Hedge Fund 'Machine' The Bridgewater founder talks about how his firm measures employees and economies to steer its $160 billion in investments. How do you build the world's largest hedge fund? Bridgewater...

- Ray Dalio On Cbs This Morning
Link to video: Ray Dalio -- founder of world's largest hedge fund -- talks his work-life philosophyBridgewater Associates founder Ray Dalio sits down the "CBS This Morning" co-host Charlie Rose to discuss his understanding of the way the economy works,...

- Where Does The Future Of Investments Lie? Ray Dalio On The Japanese & World Economies
Found via ValueWalk. With economic malaise in Europe, lagging growth in the BRICS, gradual recovery in the US and Abenomics in Japan, there is a great deal that remains uncertain about the short-term and long-term future of the world economy. Ray Dalio,...

- Bridgewater's Dalio On Europe, Economy, Strategy (video)
Sept. 15 (Bloomberg) -- Ray Dalio, founder of Bridgewater Associates LP, discusses the European debt crisis, investment strategy and the global economy. He speaks with Erik Schatzker at the Bloomberg Markets 50 Summit in New York. ................. Related...

- Bridgewater Takes Grim View Of 2012
Bridgewater Associates has made big money for investors in recent years by staying bearish on much of the global economy. As the new year rings in, the hedge fund firm has no plans to change that gloomy view. Robert Prince, co-chief investment officer...



Money and Finance








.