Billionaire investor Ray Dalio warns that President Trump’s tariff policies, combined with rising debt and global tensions, could lead to a more severe economic disruption than a typical recession, potentially destabilizing the US “monetary order.”
Source: https://fortune.com/2025/04/14/ray-dalio-says-trumps-ever-changing-tariff-policy-could-contribute-to-a-problem-worse-than-recession