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CNBC Triggered By Billionaire Ray Dalio's Opinion on...

The Young Turks Follow
  • Video description
  • 4 years ago
Hedge fund manager Ray Dalio went on CNBC to tell the hosts there that capitalism is broken. Cenk Uygur, Ana Kasparian, and Lance Reddick, hosts of The Young Turks, break it down. MORE TYT: https://tyt.com/trial

Read more here: https://www.cnbc.com/2019/04/08/ray-dalio-says-capitalism-not-providing-the-american-dream.html

“Capitalism doesn’t need to be destroyed but it does need to be reformed, hedge fund titan Ray Dalio said Monday in a blistering critique of the system.

“I’m capitalist, I’m a professional capitalist. The system has worked for me,” the Bridgewater Associates founder said during a fiery debate on CNBC’s “Squawk Box. ” “I didn’t have anything and then I got something through the capitalist system.”

However, he said the question is whether there is “equal opportunity for the American dream.” He said that he did have that chance, but too many others do not.

“So I was raised with equal opportunity. I went through the public school system and I had parents who took care of me. Then I was able to come in with equal job opportunities,” he added.”

Hosts: Cenk Uygur, Ana Kasparian, Lance Reddick

Cast: Cenk Uygur, Ana Kasparian, Lance Reddick


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