Ray Dalio on Covid-19 effect: We'll reconsider how 'to divide the pie' and 'there are reasons it won't be good for capitalists'
May 14, 2020 at 14:11 PM EDT
Hedge fund billionaire Ray Dalio sees similarities between the current economic downturn and the Great Depression in the 1930s. He believes the economy was headed for a major recession and restructuring regardless of the coronavirus pandemic. But there is reason to be optimistic about the future. "We're not going to go back to normal," Dalio tells CNBC Make It.