Dalio says the upswing is in the 7th inning
On CNBC earlier today, Ray Dalio warned that the good times will last about two more years before the next downturn begins.
"I think it will be more severe in terms of the social and political problems, and more difficult to handle," he said, adding that it won't be the same scale as a financial crisis but it will be more of a slow burn that puts pressure on household finances.
