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Ray Dalio Believes a Downturn in the United States Is a Significant Possibility

September 21, 2012 | About:
Dalio thinks the most likely scenario is that the economy muddles through but believes that there are risks involved in the actions being taken by the Fed. One of those risks is of course that inflation gets out of control. Pimco’s El-Erian then chimes in with his thoughts on Dalio’s comments.

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