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MayReasonRule

(4,099 posts)
Sun Apr 13, 2025, 02:05 PM Apr 2025

Billionaire 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 Trump’s 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 I’m worried about something worse than a recession if this isn’t handled well.”

The hedge fund billionaire said he’s 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 there’s 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.
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MagickMuffin

(18,325 posts)
2. Tell me Billionaire Class, What are you doing to help?
Sun Apr 13, 2025, 02:15 PM
Apr 2025


You got the tax breaks you wanted. You didn’t believe Krasnov/trump wouldn’t do as he said he would do. But y’all got a huge tax breaks you wanted at Americans expense.

Unless you big ass billionaires start helping with the vast amount of wealth you’ve accumulated, then I can’t really feel bad for you. I just feel bad for everyone you’ve fooked over in the process.





MayReasonRule

(4,099 posts)
4. Here's What I Found... More Than Most, Less Than Some
Sun Apr 13, 2025, 02:33 PM
Apr 2025

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.

usonian

(25,453 posts)
3. Worse than recession, nuclear war, a slow painful death.
Sun Apr 13, 2025, 02:26 PM
Apr 2025

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)
9. Need togo back to 1981 Tax Rates 70% on single income over $108,300 (in 1981 dollars) Or $381,014.65 today
Sun Apr 13, 2025, 04:57 PM
Apr 2025

Maybe add a 95% tax rate on income of $1,000,000

Ping Tung

(4,370 posts)
6. Feeling sympathy for a billionaire is very far above my pay grade.
Sun Apr 13, 2025, 02:44 PM
Apr 2025

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)
7. Agreed. It's Not About Sympathy For This Billionaire Or Any Billionaire...
Sun Apr 13, 2025, 04:26 PM
Apr 2025

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)
12. What Dallio is getting at is
Sun Apr 13, 2025, 05:57 PM
Apr 2025

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 debtor’s 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 it’s 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)
17. Welcome To Democratic Underground Y'all!
Mon Apr 14, 2025, 11:19 AM
Apr 2025

Be sure and check out Blue Sky if you haven't already...

Blue Full Moon

(3,505 posts)
10. Depression will wipe them out also.
Sun Apr 13, 2025, 05:27 PM
Apr 2025

Recession really only effects the working and the poor. Middle of the road won't work.

WSHazel

(762 posts)
11. Wall Street is warning Trump to stop
Sun Apr 13, 2025, 05:45 PM
Apr 2025

There will be consequences for all of us if Trump ignores those warnings.

usonian

(25,453 posts)
13. Wall street loves him and will send him flowers.
Sun Apr 13, 2025, 08:55 PM
Apr 2025



There ain't nothin more precious than money to them.

WSHazel

(762 posts)
15. Walk me through why Wall Street loves Trump
Mon Apr 14, 2025, 03:18 AM
Apr 2025

Not my experience at all.

Democrats need to focus on the actual enemy rather than creating new enemies.

usonian

(25,453 posts)
16. Check the graphic closely.
Mon Apr 14, 2025, 09:49 AM
Apr 2025

He's slumped over the desk with bouquets you send to the departed.
It's not subtle.

Jit423

(1,568 posts)
14. They could start by bullying Trump like he tries to bully everyone else. No more funds to you or your friends until you
Sun Apr 13, 2025, 08:58 PM
Apr 2025

stop the tariff and deportation madness."

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