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Bridgewater founder Ray Dalio on Wednesday warned that a significant supply-demand problem regarding U.S. debt could have a profoundly disruptive impact on the global economy. It is the latest in a series of stark warnings about America’s mounting debt from the U.S. hedge fund billionaire, with the country’s national debt currently standing at more than $36.2 trillion. “The first thing is the debt issue, we have a very severe supply-demand problem,” Dalio told CNBC’s Sara Eisen at CONVERGE LIVE in Singapore. ”[The U.S. has] to sell a quantity of debt that the world is not going to want to buy.”...

Boston Police arrested two individuals on Saturday following a dangerous drone operation near Logan International Airport. At approximately 10:22 PM, the Boston Police Harbor Patrol Unit apprehended 42-year-old Robert Duffy of Charlestown and 32-year-old Jeremy Folcik of Bridgewater, Massachusetts on Long Island in Boston Harbor, Boston Police announced in a press release. Both men face trespassing charges, with additional fines or criminal penalties likely as the investigation continues. A third suspect, believed to have escaped by a boat, remains at large as authorities intensify efforts to locate him. The incident began earlier that evening at 4:30 PM when a vigilant...

Two men were arrested Saturday night on trespassing charges after a drone came “dangerously close” to Logan International Airport in Boston, police said in a statement. The incident began Saturday afternoon when a Boston police officer detected an “Unmanned Aircraft System,” or UAS, operating “dangerously close” to the airport, according to police. The officer used advanced UAS monitoring technology to identify the drone’s location, flight history and its operators’ position on the largely uninhabited Boston Harbor Island known as Long Island, police said. The Boston Police Harbor Patrol Unit was dispatched to the island and found three people inside the...

BOSTON – Two people were arrested Saturday night in Boston for what police describe as a "hazardous drone operation." Robert Duffy, 42, of Charlestown, and 32-year-old Jeremy Folcik of Bridgewater were arrested on Long Island in Boston Harbor. Both men are charged with trespassing. Additional fines or charges could be added, Boston police said. Boston drone arrests According to Boston police, an officer spotted an Unmanned Aircraft System (UAS) flying close to Logan Airport. The officer was able to find the drone's location, altitude, flight history and track the operator to Long Island. Because the drones were close to the...

ROCKINGHAM, Va. — Two police officers were fatally shot during an ‘active shooter’ incident at Bridgewater College in Virginia Tuesday afternoon. A shelter in place was ordered on campus for hours. The college first tweeted about the incident at at 1:24 p.m. — “Reports of active shooter on campus. Shelter in place.”

According to a separate statement issued by the private liberal arts college, at approximately 1: 20 p.m. officers from several departments – including the Virginia State Police, Bridgewater College police, and the Rockingham County Sheriff's Office – responded to a report of an active shooter at the school. They were notified that two officers had been shot, and the armed suspect had fled the premises. Students and staff were alerted of the situation and were forced to shelter in place. After authorities performed a massive search operation, a suspect was apprehended nearly thirty minutes later. Police say the male shooter...

CommentaryEnvision a country in which “the state runs capitalism to serve the interests of most people” and our politicians won’t let “rich capitalists stand in the way of doing what they believe is best for the most people of the country.”That sounds a lot like Bernie Sanders or Alexandria Ocasio-Cortez describing their far-left ideal for America. It’s not that far removed from the Marxist maxim that predates Karl Marx himself of “from each according to his ability, to each according to his needs,” and it goes completely against the free-market principles that drive successful investors and entrepreneurs in the Land...

The Republican primary in next year's Pennsylvania Senate race may get more interesting, with Politico reporting that Republican leaders in the state are pressing the hedge fund CEO and Army veteran David McCormick to jump into the race. McCormick, a Pennsylvania native, is the CEO of the Connecticut-based hedge fund behemoth Bridgewater Associates. The West Point graduate and retired Army Ranger went on to serve as CEO of the Pittsburgh-based software company FreeMarkets before selling it in 2004. After a stint in the George W. Bush administration, McCormick took the helm of Bridgewater Associates in 2019.

This is Jill Sheridan, an 8th grade science teacher at Qualters Middle School in Mansfield. She is an active supporter of black lives matter, a domestic terrorist organization that seeks to abolish the police and is directly responsible for the destruction of American cities and the murders of dozens of people this summer. She’s quite proud of herself. Over the weekend in Bridgewater she and several of her Antifa friends decided to disrupt an anti-lockdown rally in the center of town, in which three of her friends were arrested for assaulting police officers and carrying guns. It should be noted...

Original headline: World’s biggest hedge-fund manager ‘thrilled’ with Biden’s inauguration speech but still believes America’s on ‘brink of terrible civil war’Back in early December, Ray Dalio, the billionaire founder of Bridgewater Associates, sounded the alarm on class and power struggles that are tearing the country apart, saying the U.S. “at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.” A few weeks and a new president later, and Dalio does not seem to be getting any more optimistic about the nation’s prospects going forward. “I believe we are on the brink of...

Ray Dalio turned to class and power struggles in the latest installment of his ongoing series on the changing world order, wondering if the U.S. is at a tipping point that could move it from what he says is “manageable” tension to a full-blown revolution. “People and politicians are now at each other’s throats to a degree greater than at any time in my 71 years,” Dalio wrote in the essay published on LinkedIn, noting that disorder is rising in a number of countries. “How the U.S. handles its disorder will have profound implications for Americans, others around the world,...

https://twitter.com/RayDalio/status/1340110013122134019 It is with great pain that I am sharing with you that my 42 year old son was killed in a car crash yesterday. My family and I are mourning and processing and would prefer to be incommunicado for the time being. 7:41 PM · Dec 18, 2020

The son of the owner of the world’s largest hedge fund died Thursday after he crashed his car into a Verizon store in Greenwich, Conn., authorities said. Devon Dalio, 42, was the son of Raymond Dalio, 71, the billionaire founder of Bridgewater Associates, a hedge fund he founded in 1975. Dalio’s Audi crashed into the Verizon store at a shopping center Thursday afternoon and burst into flames. Police are still investigating the cause of the crash which almost destroyed the store, according to the Associated Press.

BRIDGEWATER, MASS. (WHDH) - An East Bridgewater man accused of pulling a gun on another man for not wearing a mask into a pharmacy in Bridgewater is now facing charges. Todd Goulston, 59, had been inside the store when he noticed the 30-year-old Abington man not wearing a mask and according to police, the argument escalated to Goulston pulling a gun out of his car and pointing it at the victim.

Has a trade war started? The stock market doesn’t suggest that a full-scale trade fight between China and the U.S. has erupted, but a tweet from Ray Dalio, founder of hedge fund Bridgewater Associates, implies otherwise. Friday afternoon, Dalio tweeted: “Today is the first day of the war with China.” Today is the first day of the war with China. — Ray Dalio (@RayDalio) July 6, 2018 The tweet from the founder of the world’s largest hedge fund, which manages some $160 billion, comes after the U.S. slapped levies on $34 billion of 25% on China’s exports at midnight, and...

With the DNC email leak clogging up airtime on the media, the FBI was tasked with figuring out who let their finger off the plug. They tasked one man with the job: James Baker, the FBI’s General Counsel. Baker has a very close friend: James Comey. The two have a long history together, and in January 2014 Comey tapped Baker to become the FBI’s top lawyer. They had been longtime colleagues at both the DOJ and for a spell at the private Bridgewater Associates.

In a lengthy court filing surrounding the issues of Brady discovery material, Mike Flynn’s lawyer, Sidney Powell, drops some serious evidentiary bombshells on the court. Ms. Powell brings Lady Justice to the courtroom, and her revelations are stunning. [Full pdf’s below] We’re going to go through the primary filing and four exhibits to the evidence Attorney Sidney Powell is delivering to Judge Emmet Sullivan which contain some explosive discoveries. Toplines including: (1) Lisa Page edited the Flynn 302’s, then forgot when questioned by DOJ officials, then re-remembered when shown her texts. (2) The 302’s themselves were written with lies that...

Former FBI Director James Comey refused to carry a gun when he was with the FBI. It is likely he never carried a gun during his career. He grew up in Yonkers, New York. He obtained his Batchelors of Science at the College of William and Mary in Virginia, well before Virginia passed a shall issue concealed carry law. From inews.co.uk: In his memoir, A Higher Loyalty, James Comey writes of his time at the FBI: “In every staff meeting, 80 per cent of the attendees had a gun on them. I eventually grew accustomed to seeing a pistol...

Prominent Bridgewater Associates executive Bruce Steinberg and his family were among 10 Americans killed when a charter plane crashed into a mountain in Costa Rica on Sunday........ Ex-FBI Director James Comey was a top executive at Bridgewater.

Too funny...There must be 4 choppers following overhead...Like OJ.☺