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‘I’m worried about something worse than a recession’


Consignment Ray, Founder Associated LP, talks for Abuo Finance Week (AdFW) Arabic Conferencies in Abu Dhabi, Tuesday, dizzy on 10th 2024.

BLOOMberg | BLOOMberg | Getty images

Bridge bridge fouster Ray galio said Sunday that he is worried that the turkey as a result of The Donald Trump President fees and economic policies will threaten global economy.

“In now weep at a decision point and very close to a recession”, Dalio said the NEWSY “” answer the picture. “” And I care about something worst than a recess if it is not treated well. “

The Hedge fund told more concerned, the disruption of trade, the US debic that add the economic and geopolitical structure.

“We were a multilateralism, which is latgelarealization mia a word of American word, to an unilateral world order in which there is great conflict”, he said.

Ray Dalio on Trump Rates: I agree with the problem, I am very worried about the solution

The Phory of the Phory: the economy, the international political conflict, the international order, the technology the technology and acts of nature as an inundic and bands. Trump’s fees have comprehensible goals, Dalio said: but they are imported in “very disruptive” that you create “crukal cords.

The president change rate policies rapidly fastened international trade. Trump on Wednesday announced A 90-day break On their “reciprocal fees” but he stema fermaa 10% baseline funches and 145% reciprocal fees in China.

Then, the United States and the border protection announced a exemption From the Electrical Electronics of Electronics Final Consumes as the SmartPhes, computers, and semiconductors late Friday, you are filled with a 20% fees prior to the year. But the SECRETARY TRADE HOWARD LUTTNICTRACKED Sunday and said the exemption was not permanent. I am

In a Wednesday post office on X, Dalio call for US negotiate A “win-win” trade agreement with China I appreciate the Yuan against the dollar. He also called two countries to address their growing debts.

Dalio on “Meeting the picture” said Sunday I must reduce the Federal Deficit to 3% of the gross domestic product, echo comments did to CNBC Converge live event in March.

“If they don’t, we’ll be not a supply request for debt for debt as we have Issi other problems, and the results of big which normal recession,” Dalio.

The value of money is in game, Dalio said. A fieradot is in the bond market, combined with the events as the inner conflict and extreme biron goreposed bellton in 1971 and globancies in 2008.

Let the change is avoidable, Dalio said, if ties work together to cut the deficit and scoring of the global game refund on the global leaf.

PRO: View the full part of CNCC with the Founder’s Founder of the Dalio

View the full part of CNCC with the Founder's Founder of the Dalio



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