‘Worried about something worse than 2008 recession’: Billionaire Dalio warns of potential US financial crisis

Billionaire Ray Dalio, founder of Bridge, Associated, has expressed deep concerns about the American economy path, warning of an imminent financial crisis that could exceed the stagnation of 2008. “I think we are now at the decision -making point and very close to the recession,” Dalio stated at “Meet The Press” in NBC.

“I am worried about something worse than [the 2008] The recession if this is not treated well. His statements reflect the increasing discomfort between economic experts.

According to Dalio, the “collapse of the monetary system” is partially due to the aggressive policies of president Donald Trump, especially the definitions of up to 145 % on Chinese exports to the United States. “We are witnessing a classic collapse of the main monetary, political and geographical orders,” he commented. This position is a rare event that greatly disrupts financial stability.

Moreover, the ice dollar index has witnessed a remarkable decrease, a reflection of the confidence in dollars. With these commercial tensions installed, bitcoin prices showed volatility, although some BitFinex analysts indicate that economic stimuli may lead to cryptocurrency gains.

Dalio suggests that whether this customs tariff is imposed in a “stable” or “chaotic and destructive method”, it is very important. The current approach, according to Dalio, is “very annoying”, similar to “throwing rocks in the production system”, and urges a more strategy to alleviate potential repercussions.

The American debt, which now exceeds 35 trillion dollars, focuses on the issue, which increases the finding of the economy. Although he was not noticed in Dalio discussion, this debt level has partially increased due to the stimulus related to previous Covid, which nourishes inflation pressure.

Dalio’s concerns reflect other analysts, as some indicate that geopolitical tensions and potential collapse in the bond market can challenge more severe than those practiced in previous crises. Bitcoin’s flexibility amid these concerns indicates a possible hedging against traditional economic instability.

Dalio emphasizes the importance of moving at these troubled times by enhancing international cooperation, especially with China, to avoid the aggravation of economic problems. His warning stance highlights the urgent need for strategic policy decisions to avoid a deeper crisis.