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Dalio also faulted "some media folks who wanted to write sensationalistic stories."
Questions about the Partnership for Connecticut's transparency have dogged the group for months, while the alleged mistreatment of its president and CEO have gone unaddressed.
"It's tough medicine," the governor remarked. "I think it's the right medicine."
The hedge fund executive predicted central bank rate cuts will do little to calm jittery global markets.
Murray joined the $160 billion hedge fund in 2008 and has been co-CEO since 2013. David McCormick will remain as sole CEO.
"I'm now at a stage in my life in which the most important thing I can do is help others be successful," according to the 70-year-old head of Bridgewater Associates.
“We have to make capitalism work for the average person,” the Bridgewater Associates honcho said. If the wealth gap persists, he added, “We are all going to try to kill each other.”
The event is meant to be “like a mini-Davos or min-Milken conference,” according to James Aiello, co-founder of the Forum and co-chairman of the Greenwich Business Institute.
The Westport-based hedge fund executive believed China was "quietly winning the geopolitical war."
"Customers will always try to find cheaper replacements if and when a recession hits," said Kelly Campbell at Agency Growth Consultant LLC in Nyack.
“Recessions are always inevitable,” Dalio said in an interview with CNBC. “The only question is: ‘When?’"
"Worth keeping in mind is how Chinese and Americans fight wars differently," said the Bridgewater Associates founder.
The Dalios said their pledge was the largest philanthropic gift in Connecticut history.
Ray Dalio, with a net worth of $18.4 billion, was Connecticut's highest-ranking billionaire on this year's list.
The hedge fund, which prides itself on "radical transparency," would not comment on the story.