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Ray Dalio: I've studied 500 years of history and fear we're entering the most dangerous phase of the 'Big Cycle' - Fortune
Overview
Ray Dalio warns that we may be entering a dangerous phase of a long-term global cycle, with rising geopolitical tensions, shifting economic power and high debt raising the risk of instability. Warren Buffett's similar public warnings at Berkshire's meeting—about market speculation, deepfakes and nuclear threats—mirror Dalio's concerns and add a corporate-investor perspective to the view that systemic risks are elevated.
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