The Latest Breaking News from Bridgewater

Billionaire investor and founder of Bridgewater Associates, Ray Dalio, has issued a stark warning about the economic future. He appeared in a podcast with Steven Bartlett, titled “very, very dark times,” and warned of an uncertain future for major Western economies, including the United States and the United Kingdom.

Billionaire investor Ray Dalio recently admitted to learning invaluable lessons after a bad investment left him so short of funds that he had to borrow $4,000 from his father.

During an appearance on The Diary of a CEO podcast earlier this week, billionaire investor Ray Dalio reflected on the defining moment of his career — being fired in 1975 — which he says ultimately led him to build Bridgewater Associates into the world's largest hedge fund.

Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”