The founder of Brijwatter Re Dalio seems to be about its concerns in general for the global economy and the global future, which rang the alarm due to danger. He is saying that not only we are a threat to recession, but some economic policies and other factors are more disrupted.
His comments come online – he posted an essay for X, earlier known as Twitter, last week – and on television, as he spoke to NBC News’ meet the Press On Sunday. The 75 -year -old has called upon his listeners to look beyond the immediate shock of President Donald Trump’s tariff announcements and look at the underlying factors indicating instability.
“The biggest, far more important thing is to keep in mind that we are looking at a classic breakdown of major monetary, political and geopolitical orders,” Delio wrote in his post on X. “This type of breakdown happens only once in a lifetime, but they do this many times in history when there was a similar immoral situation.”
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Dalio predictions for the future and analysis of the present
In particular, the Dalis wrote, the unstable situation is going to be a breakdown …
- … “Monetary/Economic Order” as a result of “too much existing loan” (ie US lending from China)
- … political orders due to increasing inequalities in opportunity and education
- … America changes a “America-first” mindset as a geopolitical world system
… Also disruptive acts of nature, such as floods and epidemic, and disruptive techniques like AI.
Instead of looking at the choice of tariff or trump in a vacuum, they argue, it is part of a large overall cycle in power and order (it explains further cycle concept in its 2021 book Principle for dealing with changing world system,
David Payne, Employee Economist for Kippinger’s letter, is a more measured in response to Dalio: “Yes, these are concerns. Yes, Trump is accelerating some of these issues. But the predictions of the day’s day reduce those strengths, such as the capitalist system and the productivity of the American economy.”
After his writing, the downgles said meet the Press He is “worried about something worse than the recession if it is not well handled.” The billionaire, who said during the 2024 election that the country needed a more liberal leader than any candidate, said that the US should cut the federal deficit 3% GDP, or otherwise “We are going to have a supply-mong problem for debt at the same time, when we have other problems, and its results will be worse than a normal downturn.”
Especially last week when the stock market reacted to Trump’s tariff declaration, experts stated that the economic and market disruptions caused by Trump’s trade stance are increasing the possibility of a slowdown.
The “worse than a recession” for delio may mean the devaluation of money, endangering internal conflict, and international conflict that may be violent. He referred to the combination of our current position and its factors, which he said “a decision -making point”, “like the 1930s” much. ,
Previous views of Dalo on politics and Trump
(Image Credit: Spencer Plot/Getty Images)
These are not particularly new comments for hedge fund powerhouse. During the 2024 presidential election, the pudding also expressed concern for the future of America
While he either refused to support the candidate, it was “a strong, immoral, almost fascist Republican party and an alternative between a weak, untrue and esoteric Democratic party”, “he said that he was worried that if Trump was at risk for defeat, he was concerned.
Speaking more widely, he told the BBC in the last September: “It reminds me of a period of 1930 to 45, with an economic crisis, after which the dictatorship of democracy was becoming. Germany, Italy, Spain and Japan had a parliamentary system, and they were broken in the context of internal conflict between hard left rights, communism and fashionism.”
Payne, Kippinger letter staff economist, also sees the echo of the past, but with more optimism than the ovaries.
“The adjustment will be made, and perhaps there are some GDP development point points, but we have first pitted through crises,” Payne said. He pointed to the 1960s tumors amidst war, resignation of Nixon, gas prices and social changes.
“The stock market was long -term Moribond,” Payne continued. “But the unrest decreased in the 80s, and technological progress continued, established the phase for the growth of the 90s. Certainly, some of the growth from that growth was the result of globalization, which is reversing, but there is still a lot of promise technique.”
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