$3 trillion in assets against $10 trillion in liabilities
Dalio’s mathematical skills are on display as he shocks observers saying US pension funds don’t have the wherewithal to pay out benefits in coming years. What was stunning was not Dalio believing the pension math was turning negative, as Detroit and Chicago examples are in front of our eyes. What was stunning is that he said it in such plain talk and so bluntly in public.
Please login to view the rest of this article - Not subscribed? Get our adfree exclusive content for only a few dollars a month.
It also helps us fund our operations so think of it as supporting quality journalism.