Cramer: Bridgewater's Dalio Is 'Sage' of Euro-Zone Crisis
Posted on August 18, 2011 at 11:07 AM EDT
Ray Dalio "correctly points out that the Europeans did not use the short ban to raise, they didn't do anything [Timothy] Geithner did," Jim Cramer said. "So we have these banks, you don't really know what they own because there's absolutely very little clarity, and they don't have enough capital."