New RAY DALIO The Crash Will Be WORSE Than 1929 please subscribe to my channel ! #raydalio #globalnewstoday #crashbegins RAY DALIO: You can't keep spending and bring down inflation. So here's what I think. I think that we're not going to be able to bring an interest rate to a high enough level to give a good, real return to holders of credit without causing a contraction in economic activity. You had an 8% inflation rate. Look at what people get. And we're talking now about a 3% interest rate. And people think that that's good, right? So you're going to lose money and lose buying power. I think the inflation will come down a bit, but it's going to be very high and money is going to get a lot tighter. So you're going to have a stagflation. Ray Dalio's Bridgewater Associates ramped up its Big Tech bets in the second quarter. The billionaire investor's hedge fund grew its Meta Platforms stake more than 50-fold, and its Alphabet position by over 25-fold. It boosted each position's value to roughly $100 million as of June 30. Dalio and his team also raised their bets on Apple, Microsoft, and Netflix, and took a new position in Amazon. They may have determined some of the biggest tech stocks were oversold, as the Nasdaq slumped 22% last quarter. Like, Share And Subscribe.🤘 Thanks For Your Precious Time Guys💙💚 💜 💜 💜S U B S C R I B E 💜 💜 💜 please subscribe to my channel ! / @globalnewstoday6557