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.
Tired of too many ads?go ad free now
Dalio, who accurately predicted the 2008 financial crisis, pointed to President Trump’s aggressive tariff policies as a major destabilizing force.Dalio criticized the chaotic implementation of Trump’s tariffs, aimed at boosting U.S. manufacturing and jobs, likening their impact to “throwing rocks into the production system.” He emphasized that the difference between a “stable” and “disruptive” approach to tariffs could determine whether the economy weathers the storm or plunges into chaos.
Global markets have been rattled in recent weeks by Trump’s tariff offensive, with fears mounting of an economic downturn. Last week, Trump announced a 90-day pause on most “reciprocal” tariffs, sparing all but those on China, which have surged to at least 145%. Despite the pause, Goldman Sachs economists peg the odds of a U.S. recession within the next year at 45%, a downgrade from their earlier prediction of a recession as the most likely outcome.
Poll
Do you trust Ray Dalio’s predictions regarding economic downturns?
No, predictions are often wrong Yes, he has a strong track record
The warning comes as the US, the world’s largest economy, is facing a growing uncertainty. A recession, defined as two or more consecutive quarters of negative economic growth, could have far-reaching consequences. Dalio’s concerns echo a rising chorus of experts urging caution as the nation navigates at this critical juncture.
About the Author
TOI Tech Desk
The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusive reports and breaking stories that impact technology and the digital universe. Be it how-tos or the latest happenings in AI, cybersecurity, personal gadgets, platforms like WhatsApp, Instagram, Facebook and more; TOI Tech Desk brings the news with accuracy and authenticity.
End of Article
Latest Mobiles
Infinix Note 50s 5G+
₹15,999
View Specs
OPPO K13 5G
₹17,999
View Specs
Lava Bold 5G
₹11,999
View Specs
CMF Phone (2) Pro 5G
₹18,999
View Specs
Samsung Galaxy M56 5G
₹24,999
View Specs
Realme Narzo 80x 5G
₹13,298
View Specs
Realme Narzo 80 Pro 5G
₹19,998
View Specs
iQOO Z10x 5G
₹13,499
View Specs
iQOO Z11 5G
₹23,990
View Specs
Poco C71
₹6,998
View Specs
More Mobiles
Follow Us On Social Media
