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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "Ray Dalio Says It's Good to Disagree" video.
Anyone who gives this guy money deserves to lose every penny...literally this guy and his team went long China fixed income and used it as collateral to short US retail. Not only is that treasonous and sleazy but, just a stupid / greedy business decision that blow up in his face.
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@urosuros2072 i know when the recruiters call about Bridgewater we all hang up on them - beyond toxic and dirty, regardless of the packages they offer. And we will see how large they are - minus pending government bailouts - come 2023. I dont think they will even exist - maybe be renamed, history repeats like that.
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@seymourlove4788 Dalio is not a good actor - he made his bed and his clients should lie in it. When the time comes dont support any political parties asking for bailouts or major alterations to the Fed powers.
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@urosuros2072 bro if i woke up with your bank account i would go on a bloody rampage. Pretty sure my 9 to 5 base plus bonus is more then your brokerage and that is a fraction of annually earnings. Study digital architecture and learn the system that is - China is already toast; dollar denominated provincial debt is worse then anything you see reported in the media; China is the next Weimar. Also keep an eye the reported vs actual ROI associated with the North South Water Transfer project - the collateral associated with the project will retail banking accounts of Chinese citizens. Non productive GDP - decade over decade - pulled so much capital forward that interest payments cannot be met due to lack of ROI. Blackrock, Citadel, Bridegwater, 2 SIG, etc; those shitbags are knee deep in it and hopefully will suffer the same fate as the CCP. Dalio doesnt understand where money comes from that is why his shorting of treasuries is so comical.
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@ssuwandi3240 pretty much - alot of the debt was used as collateral; shitty chinese paper used to lever up to short treasuries and US retail; insane and treasonous.
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