Billionaire Ray Dalio: U.S. economy must change or there will be ‘conflict’ between the rich and poo

Discussion in 'Economics' started by lovethetrade, Jul 30, 2019.

  1. USA and China are both communist. USA is communism for rich people.

    Read Dalio's 60/40 society article. He knows.
     
    #11     Jul 30, 2019
  2. gkishot

    gkishot

    There is dichotomy between poor and socialist govt and capitalist economy.
     
    #12     Jul 30, 2019
  3. There is no perfect implementation of any ideology. In the case of USA, its socialism for rich, capitalism for poor.
     
    #13     Jul 30, 2019
    comagnum likes this.
  4. gkishot

    gkishot

    Do you perceive yourself as rich or poor or somewhere in between?
    I actually agree that socialism is for rich b/c the bigger the money the less opportunities to invest.
     
    Last edited: Jul 30, 2019
    #14     Jul 30, 2019
  5. somewhere in between.
     
    #15     Jul 30, 2019
  6. gkishot

    gkishot

    And don't you like the opportunities capitalism gives you?
     
    #16     Jul 30, 2019
    murray t turtle likes this.
  7. The problem is I fight the rich socialists agents (government) more than other capitalists. I'd absolutely love capitalism across the board. But for my benefit, I get rules that keep me in my place.
     
    #17     Jul 30, 2019
  8. Dalio is a globalist with hidden agenda.
    Look at his actions, not his words.
    He is becoming Soros 2.0.
     
    #18     Jul 30, 2019
    murray t turtle likes this.
  9. bone

    bone

    I love how these Billionaires (regardless of political affiliation) employ an ARMY of tax attorneys to avoid taxation - and then virtue signal to the world about the dangers of income inequality.

    Jagoffs
     
    #19     Jul 31, 2019
    murray t turtle likes this.
  10. Pekelo

    Pekelo

    Slightly offtopic, but last week's 60 minutes had a segment with Dalio. I agreed with him that humankind's future is in the oceans not in the stars and the research money return is way better in the water than in the sky....

     
    #20     Jul 31, 2019