Ray Dalio Says Ignore Populism At Your Peril

There is a history of populism, Bridgewater Associates’ Ray Dalio observed in a March 22 Daily Observations report made public through Linkedin. Investors and establishment elites would do well to not just consider the rise of populism as a scourge to be battled head-on with brute force. But they should understand the more nuanced issues -- and how “the system” responds to populism – as the point at which success or failure will be determined.

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Populism is best handled by addressing the real problems facing common people, not ignoring issues

Populism is “one of those phenomena that comes along in a big way about once a lifetime—like pandemics, depressions, or wars,” Dailio...