Billionaire Investor Ray Dalio Warns China: Address Debt Or Face A 'Lost Decade'
- last month
Ray Dalio, the billionaire founder of Bridgewater Associates, has cautioned that China could face a “lost decade” if it doesn’t address its debt issues.
What Happened: Dalio echoed Chinese President Xi Jinping‘s prediction of a “100-year period of unprecedented change” and advised China to manage its debt problem in a post on LinkedIn.
What Happened: Dalio echoed Chinese President Xi Jinping‘s prediction of a “100-year period of unprecedented change” and advised China to manage its debt problem in a post on LinkedIn.