Ray Dalio: ‘We Have A Crisis. US Corporate Losses May Be $4 Trillion’

Ray Dalio: ‘We Have A Crisis. US Corporate Losses May Be $4 Trillion’

A day after Bill Ackman essentially instructed Donald Trump to shut down the country for 30 days and declare all payrolls, rent, mortgages and interest expenses the purview of the federal government, Ray Dalio told CNBC that corporate losses in the US during the COVID-19 crisis could total $4 trillion. "What’s happening has not happened in our lifetime before", Dalio said. "What we have is a crisis". "We estimate right now that the corporate losses in the US... would be about $4 trillion", R
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6 thoughts on “Ray Dalio: ‘We Have A Crisis. US Corporate Losses May Be $4 Trillion’

  1. I’m reminded of Austin Powers with Dr evil asking for millions instead of billions. Ray is off by a huge amount. Global capitalization losses are already over 20 trillion and our game is just beginning. 200 trillion seems likely

  2. Wow. Suddenly everyone became smart. That recalls my mother in law, she is very good at predicting the past.
    Where all these prognosticators been 2 month ago? One month ago?

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