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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBillionaire Ray Dalio: 'I'm worried about something worse than a recession'


https://www.cnbc.com/2025/04/13/billionaire-ray-dalio-im-worried-about-something-worse-than-a-recession.html
Bridgewater founder Ray Dalio said on Sunday that he is worried that the turmoil resulting from President Donald Trumps tariff and economic policies will threaten the global economy.
Right now we are at a decision-making point and very close to a recession, Dalio said on NBC News Meet the Press. And Im worried about something worse than a recession if this isnt handled well.
The hedge fund billionaire said hes more concerned about trade disruptions, mounting U.S. debt and emerging world powers bringing down the international economic and geopolitical structure that has been in place since the end of World War II.
We are going from multilateralism, which is largely an American world order type of thing, to a unilateral world order in which theres great conflict, he said.
Bridgewater Associates is a global investment management firm, famously known as the world's largest hedge fund. Founded by Ray Dalio in 1975, it serves institutional clients with investment advisory and institutional investment services. Bridgewater is also known for its innovative risk parity investment approach, pioneered in 1996.
BootinUp
(51,349 posts)MayReasonRule
(4,099 posts)Sad but true.
MagickMuffin
(18,325 posts)You got the tax breaks you wanted. You didnt believe Krasnov/trump wouldnt do as he said he would do. But yall got a huge tax breaks you wanted at Americans expense.
Unless you big ass billionaires start helping with the vast amount of wealth youve accumulated, then I cant really feel bad for you. I just feel bad for everyone youve fooked over in the process.
MayReasonRule
(4,099 posts)Ray Dalio, the founder of Bridgewater Associates, has expressed political views that can be characterized as:
1. Disillusionment with the Two Major Parties:
Dalio has expressed concern about the direction of both the Republican and Democratic parties.
He's described the choice between the two parties as one between "a strong, unethical, almost fascist Republican Party and a frail, untruthful and enigmatic Democratic Party".
Dalio has said that neither party's candidates represent what the country needs.
2. Advocacy for Moderate, Bipartisan Solutions:
He believes a "strong leader of the middle" who can bring Americans together and make "great reforms" is necessary.
Dalio emphasizes the need to achieve "broad-based prosperity" and to resolve the "irreconcilable differences" between the two sides.
He worries about the increasing polarization and conflict within the country.
3. Concerns About Economic and Political Stability:
Dalio has expressed concerns about a potential decline in U.S. leadership in the world.
He is worried about the U.S. debt problem and its potential consequences.
He's also voiced concerns about the possibility of political instability and even internal conflict within the U.S..
4. Focus on Practical Solutions:
Dalio often focuses on the practical, economic implications of political decisions.
He has urged the House GOP to reduce the budget deficit to 3% of GDP.
In summary: While not aligning strongly with either major political party, Dalio advocates for a more moderate, bipartisan approach to address the country's economic and political challenges and has criticized both Republican and Democratic candidates.
LiberalArkie
(19,829 posts)usonian
(25,453 posts)Higher taxes on billionaires.
PAY YOUR FUCKING FAIR SHARE.
Or just go to Mars.

All the FAFO's here:
https://www.democraticunderground.com/100219770873
LiberalArkie
(19,829 posts)Maybe add a 95% tax rate on income of $1,000,000
Ping Tung
(4,370 posts)He probably means well but his ability to survive the doings of Trump and his cult is a lot better than the rest of us.
MayReasonRule
(4,099 posts)It's about him calling out the reality of what already is and what is to come.
I'm on board with that.
No sympathy or empathy required.
Gordcanuck
(187 posts)a crisis of confidence in the U.S. across the world. If a debt obligation cannot be honoured or is in doubt over the issue of confidence then yes there is a problem, usually of the debtors making. And yes it is recognized by both parties in both legislatures.
So yes, there is a need to reach across the aisle, negotiate a path through this one with the goal of best outcomes for the country versus continued unconscionable leadership failure.
You are so split its going to be a tough one, especially since civil order is now under severe threat.
But we in Canada believe you can do it, in our hearts we are rooting for you.🇨🇦
MayReasonRule
(4,099 posts)Be sure and check out Blue Sky if you haven't already...
Blue Full Moon
(3,505 posts)Recession really only effects the working and the poor. Middle of the road won't work.
WSHazel
(762 posts)There will be consequences for all of us if Trump ignores those warnings.
usonian
(25,453 posts)
There ain't nothin more precious than money to them.

WSHazel
(762 posts)Not my experience at all.
Democrats need to focus on the actual enemy rather than creating new enemies.
usonian
(25,453 posts)He's slumped over the desk with bouquets you send to the departed.
It's not subtle.
Jit423
(1,568 posts)stop the tariff and deportation madness."