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Billionaire Ray Dalio: ‘I’m worried about something worse than a recession’

human1234

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KEY POINTS
  • Bridgewater founder Ray Dalio said on Sunday that he’s concerned that the global monetary system will break down.
  • President Donald Trump’s tariff policies and growing U.S. debt are contributing to a new unilateral world order, Dalio said.
  • Dalio said the fallout from turmoil in bonds could be a more severe shock to the monetary system than the 2008 financial crisis.

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