Ray Dalio warns the stock market is approaching 1929 and 2000 bubble levels—but another crisis is ‘past the point of no return’
Ray Dalio, founder of Bridgewater Associates, warns that stock market valuations are approaching levels last seen in 1929 and 2000, with another crisis having already crossed a point of irreversibility. Dalio uses the metaphor of arterial plaque to describe structural economic problems that are constraining financial system flow.

