Ray Dalio studied 500 years of history and says there are 5 cycles driving today’s markets with the same patterns repeating ‘like a movie’

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As an investor for more than 50 years, Bridgewater Associates founder Ray Dalio told Fortune’s Kamal Ahmed that, after studying the rises and declines of reserve currencies in major empires over the last 500 years, he sees the same patterns repeating “like...