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Fortune
Fortune
Chloe Taylor

Ray Dalio says Europeans have a ‘lower than average work ethic’ that’s making the euro zone a declining power

Bridgewater Associated founder Ray Dalio visits "Mornings With Maria" hosted by Maria Bartiromo at Fox Business Network Studios on November 30, 2018 in New York City. (Credit: Roy Rochlin/Getty Images)

Eurozone countries are seeing their influence on the global stage slowly fade away, according to billionaire investor Ray Dalio, largely thanks to the way Europeans work.

Dalio—who founded Bridgewater Associates, the world’s largest hedge fund—took to Twitter on Thursday to share his view that that the cohort of 19 states’ collective position was at risk.

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