Home Business Ray Dalio Urges ‘Beautiful Deleveraging’ of Police Departments

Ray Dalio Urges ‘Beautiful Deleveraging’ of Police Departments

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

During a YouTube livestream from a bathroom at an undisclosed location, Ray Dalio looked into the camera and reminded viewers, “I’m not just rich, I’m also socially relevant.”

“I’m looking at these protests, and these calls to defund the police, thinking ’how can I insert myself into this conversation?’ That’s when I realized that police departments need a beautiful deleveraging,” said Dalio. “And I swear this isn’t just the Ambien talking.”

“Don’t get me wrong – I love surveillance, obviously,” he said from his bathroom. “But I also respect the radical transparency of the protesters. And didn’t this all start over a counterfeit bill? Let me repeat: cash is trash.”

CNBC’s full interview with Bridgewater founder Ray Dalio

Dalio, who runs the world’s largest hedge fund, has recently begun publishing books, creating a turf war with other investor-philosophers.

“Dalio? When I was fled the Nazis, I ate pieces of poop like Dalio for breakfast,” says George Soros. “Literally. Capitalists talk about the law of the jungle, dog eat dog, cannibalism, and so on, which is patronizing to those of us who have actually tasted human flesh. And pieces of poop.”

Dalio insists that he belongs in the rarified air of those who are no longer merely rich.

“I wrote ‘Principles’ because you can’t purchase immortality, so you have to write a book,” said Dalio. “Think of the Bible: it’s got to be vague enough to apply to multiple situations, but specific enough that people feel like it has meaning.”

“Pain, plus reflection, equals progress,” Dalio continued. “Tragedy, plus time, equals comedy. See? I’m just updating wise phrases. You could do the same, but you’re not rich. Who would care? Haha.”

Dalio further expanded his thinking in a stream-of-consciousness rant.

“Martin Luther King talked about his check coming back marked ‘insufficient funds’, but I think maybe it was the bank’s fault? Was that his point? What’s that phrase from World War 2, first they came for the other guy’s bank, but it wasn’t my bank, so I didn’t care? Are we all account holders with the same god? George Soros sucks!”

He then passed out.

Written by Nate Borgman

This article is a satire piece

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

The Stonk Market
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.