Billionaire Ray Dalio says President Donald Trump’s tariff war has helped push America close to a recession — or perhaps even “something worse.”
Billionaire Ray Dalio says President Donald Trump’s tariff war has helped push America close to a recession — or perhaps even “something worse.”
He could be right about this.
Best case is that this only triggers a selloff of federal debt, which means that Republicans get trapped having to balance the budget.
At worst for him, he’s one of the first up against the wall when the revolution hits.