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]