Billionaire investor lambasts UK government ...News

Its policies could exacerbate inflation in the country and result in ballooning public debt, prominent investor Ray Dalio warns The UK’s new cabinet is operating like the government of an emerging country, billionaire investor and the founder of Bridgewater Associates Ray Dalio wrote on Twitter on Tuesday. He criticized Britain’s new spending plan for its aggressive tax cuts that could raise the nation’s debts to an unsustainable level and cripple the pound. “Investors and policymakers: Heed the lesson of the UK’s fiscal blunder,” Dalio wrote in a tweet. “The panic selling you are now seeing that is leading to the

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