Ray Dalio warns that US President Trump’s tariff strategy could trigger something much “worse than a recession” Billionaire investor Ray Dalio has warned that the United States is facing economic risks far greater than a typical recession, arguing that President Donald Trump’s aggressive tariff policies and ballooning debt could trigger a breakdown of the global financial system. Speaking on NBC’s Meet the Press on Sunday, the founder of Bridgewater Associates said the world is at a critical

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