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Billionaire Warns Trump's Tariffs Could Spark Global Crisis

5/8/2025

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Summary

Story summary

Billionaire hedge fund manager Ray Dalio sounds the alarm on Donald Trump's economic policies, particularly aggressive tariffs, which he believes could ignite a global crisis even more severe than 2008. With rising debt and fragile international relations, Dalio calls on policymakers to focus on long-term stability to avert looming "world disorder."

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Story summary

Billionaire hedge fund manager Ray Dalio sounds the alarm on Donald Trump's economic policies, particularly aggressive tariffs, which he believes could ignite a global crisis even more severe than 2008. With rising debt and fragile international relations, Dalio calls on policymakers to focus on long-term stability to avert looming "world disorder."