Ray Dalio says the global economy is heading for a ‘great sag’

Ray Dalio doesn’t want to use the word “recession” when talking about the global economy. But he does believe it is headed for what he dubbed the “Great Sag.”

The billionaire hedge fund founder told CNN Business on Thursday that the world is dealing with financial challenges on a scale not seen since the 1930s, when economies were deep in the throes of the Great Depression.

Read More: https://edition.cnn.com/2019/11/21/economy/ray-dalio-economy-great-sag/index.html


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