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Thursday, October 28, 2021
ray-dalio-fears-“scary-situation”-for-global-economy-due-to-fed-impotence,-ai-adoption

Ray Dalio Fears “Scary Situation” For Global Economy Due To Fed Impotence, AI Adoption

Having warned in the past that central banks' ability to reverse an economic downturn is coming to an end (just as the global economy enters what he says are the late stages of the long-term debt cycle), Billionaire hedge-fund founder Ray Dalio warned today that the global economy is under threat from an explosive mix…
pg&e-crashes-to-all-time-low-over-fears-it-will-be-blamed-for-latest-california-inferno

PG&E Crashes To All Time Low Over Fears It Will Be Blamed For Latest...

Shares of California's largest, and bankrupt, utility PG&E, plunged 26% to a new all time low on Friday... ... amid speculation that the company - which filed for bankruptcy at the start of the year as it was faced with soaring legal liabilities over its involvement in the most destructive California fire in history -…
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