21 November 2018
Here is a list of fund managers and financial regulators:
- Ray Dalio, founder of Bridgewater Associates, which manages USD$160 billion
- Paul Tudor Jones, successful hedge fund manager since 1980
- The International Monetary Fund, which recently pointed out global debt has now reached 225% of GDP, beating the 2009 record of 213%
- Jean-Claude Trichet, head of the European Central Bank from 2003 to 2011
- The Bank of International Settlements, which did warn the US Federal Reserve about the impending GFC
- Janet Yellen, former Chair of the US Federal Reserve.
What do they have in common? All of them have recently warned that a debt crisis will occur in the next couple of years… [read more]