Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Claman Countdown panelists analyze Kenny Polcari and John Stoltzfus, how the market will respond to great movements.
Billionaire Hedge Foundation Manager Ray Galio While warning a interview on Sunday, the trade war causes a larger financial system to divide a larger financial system, “Something worse than the decline” warned.
Dalio, Bridgewater Associates, a head of the world’s largest Hedge Foundation, said in a look at NBC “Get acquainted with the press with Kristen Welker“This President Donald Trump’s tariffs” very violator “and” as to throw rocks to the production system. “
Welker, Trump’s tariffs will lead to the recession and answered: “I think we are at the point of decision-making at the moment and this is worried about something worse than the recession.”
Dalio is more deeply because the recessions regularly occur, as it is “more in-depth”, as the “more deeply”, “the violation of the money order.”
Billionaire Ray Dalio told NBC that the economy said that if the present headlines do not work well, the economy can face something “worse than the decline”. (Via Hollie Adams / Bloomberg Getty Images / Getty Images)
“Such times are as many as the 1930s,” Dalio said.
“If you have learned history, and if you receive tariffs, if you take these factors, if you take these factors, these changes, these changes in the systems are very violated.”
Welker asked the country where the country went to Dalio for the correct forecast of the 2008 financial crisis. Dalio noted that the US federal government is in a critical riot Budget deficitIf the tax and spending policy is reformed, it is projected to increase the total internal product (GDP) 7%.
The billionaire Hedge Foundation manager warned the ‘economic heart attack’ for the US economy
President Donald Trump has swept tariffs for US trading partners. (Chip Somodevilla / Getty Images / Getty Images)
“If the GDP can be reduced to about 3% and this trade deficits, etc. If it is properly managed, it can be very well managed,” Dalio added that he encouraged Congress members reduce the deficit to 3% of GDP.
Dalio, politicians announced their way to stabilize the debt and the Congress said that the last time the federal government was last passed.
Added that if the US does not stabilize the deficit, it is likely that interest rates National debt to improve and aggravate the country’s financial and economic problems.
CBO says that the United States will increase by 156% of national debt GDP to expand budget deficit
Tariffs are taxes imported by the importer, which transmits higher prices to consumers at higher prices. (Gian Weizhong / VCG Getty Images / Getty Images)
“If they do not do, these other problems will be a problem of supply / demand for debt as they have other problems. And the result will be worse than a normal recession,” Dalio said.
Welker asked Dalio to another pursuit of follow-up question that they looked like a worst scenario for the economic system.
“To be very specific, the value of money, the internal conflict without normal democracy, as we know, and International confrontation “There may be a military conflict, which violates the world economy, and even these pieces occur before,” Dalio said.
