• Bridgewater founder Ray Dalio said Sunday that he’s concerned that the global monetary system will break down.
• President Donald Trump’s tariff policies and growing U.S. debt are contributing to a new unilateral world order, Dalio said.
• Dalio said the fallout from turmoil in bonds could be a more severe shock to the monetary system than the 2008 financial crisis.

https://www.cnbc.com/2025/04/13/billionaire-ray-dalio-im-worried-about-something-worse-than-a-recession.html