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Ray Dalio thinks the dynamics of sound finance have vanished. Here are 3 reasons he sees an unsustainable future for a world that’s ‘gone mad.’

“Right now many pension funds that have investments that are intended to meet their pension obligations use assumed returns that are agreed to with their regulators.”” writes Christopher Competiello for businessinsider.com. Some are relying on those returns to fund future obligations.
 
Source: businessinsider.com



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