Lehman Moment? Buffett and Others on the Next Crisis

Last year, Ray Dalio of Bridgewater Associates also expressed his views on the next downturn. MarketWatch reported on September 14, 2018, that Dalio said, “Because of the combined effects of debt, pension and health-care burdens, the wealth and opportunity gap that create polarity and populism, and less effectiveness of central-bank policies that makes it more difficult to reverse a downturn.” However, Buffett doesn’t see higher debt levels as much of a risk and warned against doomsayers in this year’s shareholder letter.

View more information: https://marketrealist.com/2019/09/lehman-moment-buffett-others-next-crisis/

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