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The influential financier said: This is the biggest problem America faces now

The influential financier said: This is the biggest problem America faces now

Ray Dalio Abu Dzbiban Wire At a conference where He criticized both the Republican Party and the Democratic Party. He believes that the candidate carrying the banner of both parties, Donald Trump or Joe Biden, is “surrounded by differences even within his own party.” Biden is being criticized for his old age, and Trump for the measures taken against him and the siege of the Capitol building. Dalio still expects the emergence of an “alternative candidate” from the ranks of the Republican Party.

“I believe that for the country to be healthy, it is necessary to coordinate between the two sides and create a strong and moderate center.”

Dalio thinks.

The famous investor believes It is necessary to alienate “those who represent extreme political views”, Cooperation between moderate politicians must be strengthened in order to address the real problems facing the United States.

According to Dalio, the issue of wealth inequality is the most serious at the moment.

Differences in wealth actually mean differences in productivity as well. You have to get the most out of people, you have to make them productive. “It’s not enough to just give them money.”

Dalio thinks.

Ray Dalio is the founder of hedge fund Bridgewater Associates, one of the largest private equity funds in the world. According to November data, the fund manager manages $124 billion, and Dalio’s personal wealth is estimated at $15.4 billion.

Cover image credit: Eugene Gologorsky/Getty Images for Fast Company

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