Bridgewater founder: ‘We are at a decisionmaking point and very close to a recession’
- Ray Dalio, founder of Bridgewater Associates, stated that the U.S. Is at a decision-making point and very close to a recession.
- Economists from various backgrounds warn that President Donald Trump's new tariffs may lead the U.S. Into a recession.
- Dalio warned that Trump's tariffs could result in conflicts beyond just a recession.
- He cautioned that current problems are potentially much more profound than a typical recession.
33 Articles
33 Articles
Trump’s economic policies could cause 'something worse than a recession': Wall St. insider
Many economists, liberal and progressive as well as conservative and libertarian, are warning that President Donald Trump's steep new tariffs could help push the United States into a recession. The liberal anti-tariffs voices include Paul Krugman and Robert Reich, while right-wing opponents of the tariffs often note the late Milton Friedman's warning that tariffs were terrible for both businesses and consumers. During a Sunday, April 13 appearan…
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