Ray Dalio and Salesforce's Benioff on AI, trade wars and new world order
- Ray Dalio warns of a significant supply-demand problem with U.S. Debt, describing it as of paramount importance for the economy.
- Dalio indicated the U.S. Deficit needs to decrease from a projected level of 7.2% of GDP to about 3%.
- He compared President Donald Trump's trade war to 1930s Germany, warning it could lead to fighting and consequences.
- Dalio emphasized that tariffs will result in conflicts between nations, calling it a big deal during an interview on CNBC.
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Billionaire investor warns of possible U.S. debt crisis, likens trade war to 1930s Germany
Ray Dalio, the founder of Bridgewater Associate, sounded the alarm about an apparent supply and demand problem concerning U.S. debt, according to reports.
·Salt Lake City, United States
Read Full ArticleIf you think the current outlook is bad, just wait until the White House can’t find anyone to buy its debt, warns Ray Dalio - WeirdReads
Ray Dalio warned the White House may have to exert further political pressure on foreign governments in order to deal with a looming debt crisis. Read Moresource The post If you think the current outlook is bad, just wait until the White House can’t find anyone to buy its debt, warns Ray Dalio appeared first on WeirdReads.
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Leaning Left0Leaning Right3Center2Last UpdatedBias Distribution60% Right
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R 60%
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