Comments from Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund.

He was interviewed in German newspaper Handelsblatt, Bloomberg with the headlines

  • The European Central Bank needs to accelerate QE in 6 or at the latest in 12 months to keep the euro low
  • Says it's the only way to increase growth, competitiveness of euro-zone
  • Says that Greece is to remain in crisis for long time

Also:

  • China needs to restructure its economy and debt
  • Says the Chinese economy will slow as will world growth
  • Says we are now at the end of longer-term debt cycle weighing on growth
  • He is not worried about a market crash as liquidity from central banks drives securities prices higher

Hedge fund genius Ray Dalio