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BumRushDaShow

(150,613 posts)
Sun Apr 13, 2025, 03:07 PM Sunday

Billionaire hedge fund leader warns US facing something 'worse than a recession'

Source: The Independent

Sunday 13 April 2025 18:33 BST


The U.S. is perilously close to entering a formal economic recession and could well be facing something much worse on the horizon, a billionaire investing expert warned Sunday. Ray Dalio, founder of Bridgewater Associates, appeared on NBC’s Meet the Press, where he warned that the “disruptive” nature of Donald Trump’s tariff announcements were causing market instability and was making it difficult for both U.S. business and global trading partners to rely on the America.

A Wall Street veteran who predicted the collapse of the housing bubble in 2008 which caused a financial crisis that year, Dalio told NBC’s Kristen Welker that the chance of stopping “something that is much worse than a recession” came down to how strategically the White House handled what the president’s advisers have explained is his end goal: a grand reorganization of the global trade structure.

“We are having profound changes in our domestic order [...] and we're having profound changes in the world order. Such times are very much like the 1930s,” said Dalio.

“So if you take tariffs, if you take debt, if you take the rising power challenging existing power, if you take those factors and look at the factors - those changes in the orders, the systems, are very, very disruptive,” he continued. “How that's handled could produce something that is much worse than a recession. Or it could be handled well.”

Read more: https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-recession-risk-ray-dalio-b2732517.html

22 replies = new reply since forum marked as read
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Billionaire hedge fund leader warns US facing something 'worse than a recession' (Original Post) BumRushDaShow Sunday OP
K&r nt Fiendish Thingy Sunday #1
Wait... BumRushDaShow Sunday #4
Shhhh.... Fiendish Thingy Sunday #9
One factor is that in 2008, even Shrub Bush was smart enough to know to put in remedies and Obama carried through. Bernardo de La Paz Sunday #2
Bush also called Obama in to be included in the process of deciding next steps before he took office. Amaryllis Sunday #16
Looking after his own wallet not yours Sessuch Sunday #19
I agree, somewhat w/ him. We have a slew of messed up things going on in the Economy, w/ no real leader SWBTATTReg Sunday #3
The person in charge of fixing it is the one who is breaking it. Iggo Sunday #13
I've been saying since Jan. 20, 2025 MLWR Sunday #5
Given that tRump has the mental acuity of a flea and those all around him are vacuous chickenshits flashman13 Sunday #6
Add to this the uncertainty of my social security check. BarbD Sunday #7
Cutting Medicaid, Medicare and Social Security would definitely impact the economy negatively. cstanleytech Sunday #8
And it wouldn't just hurt the elderly who rely on those EARNED benefits Attilatheblond Sunday #10
"Or it could be handled well." That seems HIGHLY UNLIKELY since DJT got us into this mess. No one with an actual Exp Sunday #11
I don't know how the damage can be fixed WSHazel Sunday #18
Shrodinger's Retirement Fund... BurnDoubt Sunday #12
Agree something worse might be on horizon. But giving TSF the benefit of the doubt that he's working toward wiggs Sunday #14
The worry is hyperinflation Zorro Sunday #15
The vast majority of these scum helped the fat, fraud, liar gain the WH wolfie001 Sunday #17
Not accurate WSHazel Yesterday #20
The whole concept of a hedge fund is very negative on workers, their families and the worker's benefits wolfie001 22 hrs ago #22
Thst would be called a depression. LS_Editor Yesterday #21

Bernardo de La Paz

(54,585 posts)
2. One factor is that in 2008, even Shrub Bush was smart enough to know to put in remedies and Obama carried through.
Sun Apr 13, 2025, 03:18 PM
Sunday

In 2025, 2026, not only is the prez profoundly stupid, demented, narcissistic, and corrupted, but his (slim) majorities are spineless.

So I expect half-hearted attempts too little too late.

RepubliCONs own this and the general populace will know. Even the 15% hardcore cult will know even though they will never admit it.

Amaryllis

(10,240 posts)
16. Bush also called Obama in to be included in the process of deciding next steps before he took office.
Sun Apr 13, 2025, 07:59 PM
Sunday

Sessuch

(170 posts)
19. Looking after his own wallet not yours
Sun Apr 13, 2025, 11:17 PM
Sunday

Ray Dalio is afraid of losing money, but shows no way to protect himself. He will protect himself but not tell you how.

SWBTATTReg

(25,127 posts)
3. I agree, somewhat w/ him. We have a slew of messed up things going on in the Economy, w/ no real leader
Sun Apr 13, 2025, 03:24 PM
Sunday

at the helm to address serious economic tailwinds should they happen. By the time the moron is convinced of having to do something to resolve the issues, it'll be too late. Just like last time w/ COVID.

This time around, we have Measles hitting but I don't really see a tremendous backlash of Measles, a lot of us in our youth received the shots for Measles. But it'll still make a splash (Measles).

Trade is down (or will be worse than it ever has been (and this has hit literally every Country in the world, so who's going to be left to still trade w/ us?). US tourism is down big time. So, lots of areas in the Country are now impacted by the lack of tourism dollars, which translates into job losses of entire industries who supported the tourism trade in all manners, shapes and forms (restaurants, hotels, tourist hotspots, airlines and other transportation modes, etc.). I suspect that even the great American summer tradition of families traveling for the summer, will find that national parks are probably still closed (and no one is working there anymore), and lots of the usual tourist spots will be closed as fewer and fewer attractions are still open.

And who can't deny that immigrants have fulfilled a key job niche, in mowing our yards/landscaping, cleaning homes, working at restaurants etc.? Key industries here will find that they are having severe problems in fulfilling empty job slots.

The US Dollar is under stress, and will be soon priced lower, making our imports (gas, etc.) more expensive (and other imports too). Domestic spending by the Fed will be lower too, w/ the chainsaw effect by tRUMP and thugs across the entire federal budget, which will cross into state budgets too, thus governments, formerly a bastion of spending, will be cutting back on spending too.

tRUMP is a walking disaster area, and will remain so until someone at the top, multiple people say and do something before it's too late.

Iggo

(48,780 posts)
13. The person in charge of fixing it is the one who is breaking it.
Sun Apr 13, 2025, 05:58 PM
Sunday

Same goes for all his appointees.

And that’s no accident.

MLWR

(268 posts)
5. I've been saying since Jan. 20, 2025
Sun Apr 13, 2025, 03:54 PM
Sunday

that trump would cause a depression on this site and several others. But I'm not a billionaire, so....

flashman13

(1,135 posts)
6. Given that tRump has the mental acuity of a flea and those all around him are vacuous chickenshits
Sun Apr 13, 2025, 04:11 PM
Sunday

the chances that things will be handled well are zero.

So buckle up. The ride is going to be very rough and all of us, the billionaires included, are going to take a whipping.

BarbD

(1,312 posts)
7. Add to this the uncertainty of my social security check.
Sun Apr 13, 2025, 05:38 PM
Sunday

Once I miss my monthly check, my rent, car insurance, won't be paid, not to mention meds, food etc. I'm 87 with no options. And, I'm not alone. This is a nightmare of a disaster.

cstanleytech

(27,527 posts)
8. Cutting Medicaid, Medicare and Social Security would definitely impact the economy negatively.
Sun Apr 13, 2025, 05:41 PM
Sunday

Shifting half of our DOD money over to infrastructure spending though would definitely boost it a lot more since good infrastructure is what actually helped build up our country as it kept transportation costs down and employeed many people who then had money to spend. Spending that then created even more jobs.

Attilatheblond

(5,626 posts)
10. And it wouldn't just hurt the elderly who rely on those EARNED benefits
Sun Apr 13, 2025, 05:48 PM
Sunday

Multi-billion dollar medical corporations will lose primary income sources. People in all facets of medical care, from surgeons down to the stalwarts who keep facilities clean & functioning will lose jobs.

What the hell are these idiots thinking, other than trying to trigger a civil uprising that they can use as an excuse to mow people down in the streets?

Exp

(245 posts)
11. "Or it could be handled well." That seems HIGHLY UNLIKELY since DJT got us into this mess. No one with an actual
Sun Apr 13, 2025, 05:53 PM
Sunday

brain would've taken us on this self-destructive economic path.


wiggs

(8,190 posts)
14. Agree something worse might be on horizon. But giving TSF the benefit of the doubt that he's working toward
Sun Apr 13, 2025, 07:00 PM
Sunday

...'a grand reorganization of the global trade structure' as his end goal is probably incorrect. That may happen but his daily goal, the only thing he focuses on, is to have companies and countries come to him and ask to negotiate. And the negotiation isn't for your benefit or mine...it's for him and his buddies to get contracts for starlink, resort and land development, contributions to TSF supporters, dirt on the opposition, etc.

For TSF, every action is transactional and zero sum. He only cares about winning each time and the more the person on the other side loses or suffers, the better.

wolfie001

(4,560 posts)
17. The vast majority of these scum helped the fat, fraud, liar gain the WH
Sun Apr 13, 2025, 08:45 PM
Sunday

So now they're warning us? Was an ass. A little too late for that. Train left the station.

WSHazel

(302 posts)
20. Not accurate
Mon Apr 14, 2025, 03:12 AM
Yesterday

The hedge fund and overall Wall Street community was very much mixed on Trump, probably leaning towards Harris overall. They like low taxes and light regulation (to a point), they don’t like autocracy. They also know Wall Street generally does better under Democrats.

wolfie001

(4,560 posts)
22. The whole concept of a hedge fund is very negative on workers, their families and the worker's benefits
Mon Apr 14, 2025, 08:13 AM
22 hrs ago

And the environment. You can never spin that one nor convince me otherwise. These funds and their profits should have a high tax on them. REIT fund profits too. Higher tax rates because of all the negatives they produce and only benefiting a few wealthy people.



tRUMP supporters on steroids!!!!

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