(Reuters) – Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a “dire financial situation” and “terribly divided”, but added that he liked what he said heard from President Joe Biden during his inauguration.
The hedge fund billionaire wrote that the question was whether the president and both parties in Congress would work together “for peace and prosperity that address the great prosperity, values and opportunities we now see.”
Dalio has previously criticized a larger wealth gap and underinvestment in public education in the United States, which he linked to lower graduation rates in high school, greater difference in test scores and lower teacher pay.
Reporting by Kanishka Singh in Bengaluru; Edited by Daniel Wallis