Billionaire Ray Dalio warns US democracy weakening under Donald Trump: ‘This is how autocrats rise’

Billionaire hedge fund titan Ray Dalio is sounding the alarm that Donald Trump’s second stint in power is pushing America into dangerous territory, one that echoes the rise of autocratic regimes in the 1930s.In an interview with the Financial Times, the Bridgewater Associates founder likened Trump’s meddling in business, including his surprise 10% stake in […]

Billionaire Ray Dalio who predicted 2008 recession says Donald Trump’s tariff war is pushing America close to a recession — or perhaps “something worse”

Ray Dalio, founder of Bridgewater Associates, one of the world’s largest Hedge funds, recently issued a stark warning on NBC’s “Meet the Press” show, cautioning that the American economy is teethering on the edge of a recession—or may be potentially something worse—if the current economic policies are mishandled. Dalio, who accurately predicted the 2008 financial […]