Ray Dalio: Trump’s commerce conflict has US on brink of recession

Bridgewater Associates founder Ray Dalio warned that President Donald Trump’s commerce conflict has pushed the U.S. economic system dangerously near recession. “I believe that proper now we’re at a decision-making level and really near a recession,” he mentioned on NBC’s Meet the Press.

Dalio described the abrupt tariff modifications—many delayed by 90 days apart from China—as “very disruptive,” evaluating the consequences to “throwing rocks into the manufacturing system.”

He additionally voiced broader considerations about U.S. debt, the rising finances deficit, and rising geopolitical tensions. “We’re having profound modifications on the planet order,” Dalio mentioned. “How that’s dealt with may produce one thing that’s a lot worse than a recession.”

He warned that, if a number of dangers materialise concurrently, the fallout “may very well be extra extreme” than previous crises like these in 1971 or 2008.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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