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At least he's saying something. You can be cynical and argue he's just trying to get out ahead before the poor decide to eat the rich. But either way, the US ne
by samcday 8y ago
At least he's saying something. You can be cynical and argue he's just trying to get out ahead before the poor decide to eat the rich. But either way, the US needs more people with a platform to be saying this kind of stuff, whatever their motives are.
EDIT: I would also like to point out that he's calling for a national state of emergency to be declared and for the government to step in and try and do something about the worsening inequality problem. A person with massive personal wealth who is able to enact things with their own resources calling for the problem to be tackled in the public sphere is a good thing too, I think.
- rchaud 8y agoWhen you're Ray Dalio, the standard for "doing something" is much higher than writing a pithy blog post. We have seen many examples of rich people penning mea culpas after profiting off of the same economic system they now claim as being rigged against the commoners. Buffet does it at least once every couple of years. Because he's rich and influential, Dalio will get a few column inches, but after that, the levers of power, pulled by the rich and influential, go about their daily business.
- ilaksh 8y agoHe said he would donate $100 million to Connecticut schools. That might be only 0.5% of his supposed net worth , but at least it something.