In a lengthy LinkedIn post yesterday, hedge-funder extraordinaire, Co-CIO and Co-Chairman of Bridgewater Associates LP Ray Dalio, said he believes the [current] set of circumstances is unsustainable and certainly can no longer be pushed as it has been pushed since 2008. That’s why I believe that the world is approaching a big paradigm shift. The dynamic is that of ‘pushing on a string’, something that’s happened many times before in history. ‘’At the same time as money is essentially free for those who have money and creditworthiness, it is essentially unavailable to those who don’t have money and creditworthiness, which contributes to rising wealth, opportunity and political gaps’’.
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