RAY DALIO WARNS OF A A 'GREAT SAG' IN THE GLOBAL BUSINESS CYCLE, AND CENTRAL BANKS CAN'T DO MUCH TO STOP IT

Roy Rochlin/Getty Images Ray Dalio is warning that the World economy is in a "great sag" and central Banks won't be able to fight it.  According to CNBC, Dalio said that with interest rates so low around the world, central banks can't lift the economy through monetary policy alone.  Instead the billionaire called upon a coordinated response from governments to lift the global economy. View Markets Insider's homepage for more stori...

BusinessInsider (Date:10/18/2019 13:15) Read full article >>

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Ray Dalio: Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most Influential people. Institut
- Ray Dalio Wikipedia
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World: World is a common name for the whole of human civilization, specifically human experience, history, or the human condition in general, worldwide, i.e. anywhere on Earth.
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Markets: A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buye
Speaking: Speech is the vocalized form of human communication. It is based upon the syntactic combination of lexicals and names that are drawn from very large vocabularies. Each spoken word is created out of the phonetic combination of a limited set of vowel and consonant speech sound units. These vocabulari
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
Hedge: A hedge or hedgerow is a line of closely spaced shrubs and tree species, planted and trained to form a barrier or to mark the boundary of an area. Hedges used to separate a road from adjoining fields or one field from another, and of sufficient age to incorporate larger trees, are known as hedgerows