Reported 1 day ago
Ray Dalio, founder of Bridgewater Associates, stated that President Trump's trade war is bringing the United States close to a recession. In an appearance on NBC's 'Meet the Press', he discussed the significant disruptions caused by the recent tariff plans and their potential impact on the global economy, suggesting that current conditions might lead to severe crises, possibly worse than those experienced in 1971 and 2008.
Source: YAHOO