Dalio, Biggest Hedge Fund Manager: "developed world has reached its debt limit"

Re:Dalio, Biggest Hedge Fund Manager: "developed world has r... by Luc on Monday October 24, 2011 @01:35PM (#3150634)

He's talking about the debt of banks and nations.

"So when we deal with Goldman Sachs or when we deal with banks and when we deal with Europe I think you can break the world into two parts, there`s the debtor-developed world which has reached its debt limits and is going through a deleveraging."

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Re:Dalio, Biggest Hedge Fund Manager: "developed world has r... by giardini on Monday October 24, 2011 @01:48PM (#3150694)

Banks and nations, like other entities, are usually required to pay their debts or they go bankrupt (note the word itself, http://www.worldwidewords.org/weirdwords/ww-ban1.htm ) . Of course they're leveraged.

The questions are "What does Dalio tell us that we don't already know?" "Of what use are his explanations?" and most importantly, "Why is this man appearing on Charlie Rose saying things we already know?"

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Re:Dalio, Biggest Hedge Fund Manager: "developed world has r... by spiantino on Monday October 24, 2011 @04:04PM (#3151341)

Just because the answer to the question is logical and unsurprising doesn't mean it's not the answer to the question.

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