By cfr, From YouTube,
A Conversation with Ray Dalio (Video)
Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, L.P., discusses global economics.
Key points – Ray Dalio explains how the economic machine works, and believes you need the right combination of fiscal and monetary policy to help fix the problems in the economy. Politics is the biggest problem right now.
Ray also talks about having an all-weather portfolio – a combination of cash, bonds, gold, and equity.
Tags: all-weather portfolio, bonds, bridgewater associates, cash, eu debt crisis, fiscal policy, global economy, gold, history as a guide, how the economic machine works, monetary policy, money printing, Ray Dalio, stocks, Western Europe