Billionaire Rai Dalio says it is “very concerned” about Trump’s tariff, an economic slowdown around the world expects
The iconic investor Ray Dalio warns that the tariff policies of US President Donald Trump may cause global economic slowdown.
In a new interview on CNBC, the founder of Bridgewateer Associats He says He has serious concerns that increasing customs tariffs may cause total economic chaos at a time when the nation faces several other challenges.
“I agree with the problem. I am very concerned about the solution, the practical application of the solution. In other words, I think this will create not only the problem, the problem of the capital markets that I am talking about regarding the prices that rise, the costs are rising, and the problem of capital, but I also think this will create great sands in the field of global production.
At the same time, I agree that this mutual dependence, this productivity issue in the world that must be competitors and producers, and we are not competitors in producing things is a long -term problem, and not an easy problem. And I expect it to have political consequences. This is the nature of the course. ”
Dalio also says that the nation needs to face other regular challenges, such as reducing debt and reducing government spending.
“It also comes at the same time as we face a budget problem. Now, the budget issue is a relatively important issue. So, we look forward to the future in the coming months, we have to reject the budget deficit to 3 % of GDP. Competitiveness issue.
https://www.youtube.com/watch?
Follow us xand Facebook and cable
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
