Bridgewater Founder Says 85 Percent Of Pensions will Go BankruptMark Melin
$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.
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