Bridgewater founder: ‘We are at a decisionmaking point and very close to a recession’
- Ray Dalio, founder of Bridgewater Associates, warned that we are at a decision-making point and very close to a recession due to tariff policies and global market turmoil that he views as very disruptive.
- Goldman Sachs economists predict a 45 percent chance of a recession in the US within the next year, citing slowing economic activity worldwide.
- Dalio believes the current trade war and rising debt could lead to a potential economic downturn, raising fears of a shift to a unilateral world order.
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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