Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Billionaire Triggers CNBC
Posted
April 9, 2019
Views
173,276
Likes
2,422
Comments
795
Engagement
1.86%
April 9, 2019
173,276
2,422
795
1.86%
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16:24Now PlayingHedge fund manager Ray Dalio went on CNBC to tell the hosts there that capitalism is broken. Cenk Uygur, Ana Kasparian, and Lance Reddick, hosts of The Young Turks, break it down. MORE TYT
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“Capitalism doesn’t need to be destroyed but it does need to be reformed, hedge fund titan Ray Dalio said Monday in a blistering critique of the system.
“I’m capitalist, I’m a professional capitalist. The system has worked for me,” the Bridgewater Associates founder said during a fiery debate on CNBC’s “Squawk Box. ” “I didn’t have anything and then I got something through the capitalist system.”
However, he said the question is whether there is “equal opportunity for the American dream.” He said that he did have that chance, but too many others do not.
“So I was raised with equal opportunity. I went through the public school system and I had parents who took care of me. Then I was able to come in with equal job opportunities,” he added.”
Hosts: Cenk Uygur, Ana Kasparian, Lance Reddick
Cast: Cenk Uygur, Ana Kasparian, Lance Reddick
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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