Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans.
Daphne Basel

2019-04-25 09:35:00 Thu ET

Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans. Dalio deems the current levels of U.S. economic inequality a national emergency that requires a complete reformation of capitalism in America. The Pareto power law shows that the upper echelon of top 20% income earners accounts for 80% of economic wealth in most U.S. states. The rich can transfer their economic advantages from one generation to the next through elite education, political clout, and family ownership and control of public corporations. This hereditary wealth concentration persists over decades.

Firms need to fill the skill gap in talent retention; workers earn stagnant real wages over years; consumers face fewer choices in terms of products and services; and financial intermediaries encounter a mismatch between savers and profitable stock market investments. It is important for policymakers to help enhance the financial literacy, freedom, and inclusion of the general public. Americans, immigrants, and foreigners can learn more about stock market news and memes, proprietary alpha signals, economic trends, and investment tips on our AYA fintech network platform. These endeavors help abate the existential threat that U.S. capitalism poses for many Americans.

 


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The Economist delves into the modern perils of tech titans such as Apple, Amazon, Facebook, and Google.
Jacob Miramar

2018-01-12 07:37:00 Friday ET

The Economist delves into the modern perils of tech titans such as Apple, Amazon, Facebook, and Google.

The Economist delves into the modern perils of tech titans such as Apple, Amazon, Facebook, and Google. These key tech titans often receive plaudits for mak

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Warren Buffett shares his fresh economic insights and value investment strategies at the Berkshire Hathaway shareholder forum.
Daphne Basel

2018-05-05 07:33:00 Saturday ET

Warren Buffett shares his fresh economic insights and value investment strategies at the Berkshire Hathaway shareholder forum.

Warren Buffett shares his fresh economic insights and value investment strategies at the Berkshire Hathaway shareholder forum in May 2018 despite the new GA

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Foxconn invests $10 billion in a new manufacturing plant for LCD display panels in Wisconsin.
Chanel Holden

2017-07-13 08:35:00 Thursday ET

Foxconn invests $10 billion in a new manufacturing plant for LCD display panels in Wisconsin.

President Donald Trump has announced that a major Apple iPhone upstream supplier, Foxconn Technology Group (aka Hon Hai Precision Group), will invest $10 bi

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Federal Reserve Chairman Jerome Powell indicates that the central bank would resume Treasury purchases to avoid turmoil in money markets.
James Campbell

2019-11-09 16:38:00 Saturday ET

Federal Reserve Chairman Jerome Powell indicates that the central bank would resume Treasury purchases to avoid turmoil in money markets.

Federal Reserve Chairman Jerome Powell indicates that the central bank would resume Treasury purchases to avoid turmoil in money markets. Powell indicates t

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HPE CEO Meg Whitman decides to step down after her 6-year stint at the technology giant.
Charlene Vos

2017-11-07 09:38:00 Tuesday ET

HPE CEO Meg Whitman decides to step down after her 6-year stint at the technology giant.

HPE CEO Meg Whitman has run both eBay and Hewlett Packard within Fortune 500 and now has decided to step down after her 6-year stint at the technology giant

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Michael Bloomberg criticizes that the Trump administration's tax reform is a trillion dollar blunder.
Fiona Sydney

2017-12-09 08:37:00 Saturday ET

Michael Bloomberg criticizes that the Trump administration's tax reform is a trillion dollar blunder.

Michael Bloomberg, former NYC mayor and media entrepreneur, criticizes that the Trump administration's tax reform is a trillion dollar blunder because i

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