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Richard Feloni — Hedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it

Summary:
Ray Dalio's paper was linked to here yesterday. If you don't have time to read the whole thing, here's a summary.Even quicker summary, Dalio is calling for more emphasis on a mixed economy that a market economy (or a command economy). Sounds like a New New Deal?Business InsiderHedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it Richard Feloni

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Ray Dalio's paper was linked to here yesterday. If you don't have time to read the whole thing, here's a summary.

Even quicker summary, Dalio is calling for more emphasis on a mixed economy that a market economy (or a command economy). Sounds like a New New Deal?

Business Insider
Hedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it
Richard Feloni

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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