Ray Dalio, a billionaire, renowned investor, and founder of Bridgewater Associates, the world’s largest hedge fund, warned that the focus on tariff news has obscured the true extent of global economic turmoil. Dalio emphasized that the current events are not just about tariffs. According to him, Donald Trump’s tariff policies are just symptoms of broader systemic issues. He stated, ‘What we are witnessing is a classic collapse of key monetary, political, and geopolitical orders. This type of collapse only occurs once in a lifetime.’ Dalio linked this situation to increasing debts, domestic inequalities, and the collapse of international cooperation under US leadership. He identified weakening middle-class jobs in America, China’s growing influence, and rising distrust among global powers as signs of instability in the current order.
