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.

The stated aim of the much-hyped Ukrainian counteroffensive was to inflict a major strategic defeat on Russia by cutting off the land corridor to Crimea. But hardly anyone in the Western military and political establishment with any real knowledge believed that Kiev would be able to achieve such a result. It would have been strange…

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