---
title: "Ray Dalio Predicts Imminent Economic Correction"
url: https://burnaze.com/article/775b5bdf-2ca9-4345-9c95-4500d9af6939
source: "1851 Franchise"
original_url: https://1851franchise.com/ray-dalio-predicts-imminent-economic-correction-2707818
category: "General"
published: 2018-09-11T16:11:01.000Z
modified: 2026-11-01T02:31:14.476Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/63756a4f1490dd654d47c0f1f251a4f09582.jpg
---

# Ray Dalio Predicts Imminent Economic Correction

**TL;DR:** Ray Dalio, founder of Bridgewater Associates, predicts an imminent economic correction in the US, estimating it will occur in roughly two years. Dalio's hedge fund has $150 billion in assets and he has an estimated net worth of $18.1 billion, according to Forbes.

*originally published in 1851 Franchise on 2018-09-11. [Read the original](https://1851franchise.com/ray-dalio-predicts-imminent-economic-correction-2707818).*

## Story

Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, says the U.S. economy is reaching the end of the current boon cycle and is likely facing a correction.

In an interview with CNBC on Tuesday, Dalio said we are currently experiencing a bubble and, “We’re in… the seventh inning of this cycle.” Dalio estimates we have roughly two more years before a correction.

Dalio also notes that, “the issues of this debt crisis than the last debt crisis” and says the current crisis looks more like 1936 than 2008, warning that the next downturn could lead to more sever social and political turmoil than we saw in The Great Recession.

Dalio founded Bridgwater Associates out of his apartment in New York in 1975. The hedge fund now has $150 bullion in assets, and Dalio himself has an estimate net worth of $18.1 billion, according to Forbes.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Forbes (company)
- debt crisis (topic)
- hedge fund (topic)
- economic correction (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/ray-dalio-predicts-imminent-economic-correction-2707818). Summarized by Burnaze (https://burnaze.com/article/775b5bdf-2ca9-4345-9c95-4500d9af6939).