![]() ![]() But he also argues that inequality is destabilising America, and has called for higher taxes on the rich. Dalio’s a billionaire, one of the richest men in America. ![]() One of the investment firms that foresaw the crisis and profited from it was Ray Dalio’s Bridgewater Associates. ![]() Lehman Brothers, a 158-year-old firm, filed for bankruptcy. Pillars of the Street tumbled over the weekend. It’s now almost 15 years since the global financial crisis, which shook the world economy. It’s going to be one of the watershed days in financial markets history. So what are the connections between the rise and fall of markets and the rise and fall of nations? He’s also the author of a recent book, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail. As the founder and chairman of Bridgewater Associates, the world’s largest hedge fund, Ray Dalio specialises in joining the dots between geopolitics, economics and markets. And the two events are, of course, connected. ![]() This is a turbulent time in both global politics and global markets, with Russia’s invasion of Ukraine and soaring inflation. In this week’s edition, we’re hearing from one of the world’s most successful investors, Ray Dalio. I’m Gideon Rachman, chief foreign affairs commentator for the Financial Times. ![]()
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