Billionaire Ray Dalio warns something worse than a recession could happen soon; here's what could happen if Donald Trump doesn't correct his policies
Ray Dalio, the founder of Bridgewater Associates, has voiced concerns about the global economy's trajectory, suggesting that President Trump's economic and tariff policies could trigger an economic crisis exceeding a typical recession. Dalio highlighted mounting trade tensions, increasing US debt, and a shift from multilateralism to a more unilateral world order as key factors contributing to this potential downturn.