Ray Dalio Warns of Looming Crisis beyond Recession
On April 13, 2025, Ray dalio, the founder of Bridgewater Associates, shared his concerns on NBC’s Meet the Press. He believes the U.S. is at a critical juncture,possibly facing more than just a recession.
Dalio highlighted several interconnected issues. These include rising government debt, internal political strife, and external conflicts.He also mentioned technological shifts and natural disasters as contributors to instability. Tariffs, he said, are just a symptom of deeper problems. The chaotic implementation of tariffs lacks negotiation and stability, perhaps leading to a significant economic downturn.
According to Dalio,the real issues are the growing government debt and political conflicts. These factors could disrupt the American monetary and political systems. He compared the situation to the 1930s,warning that the current challenges could be more severe than the Great Depression or the 2008 financial crisis. He sees tariffs as a symptom of a larger crisis. The U.S. debt and political tensions are at the core of the problem. He believes the outcome will be clear in 90 days, possibly due to a pause in tariffs. He sees the current monetary order at risk, with the budget deficit threatening the U.S.monetary system. If not addressed, it could lead to a crisis worse than past recessions. He noted that tariffs are disruptive and lack pragmatism.
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