Boss of world’s largest hedge fund fears global financial system collapse

Ray Dalio warns that US President Trump’s tariff strategy could trigger something much “worse than a recession”

Billionaire investor Ray Dalio has warned that the United States is facing economic risks far greater than a typical recession, arguing that President Donald Trump’s aggressive tariff policies and ballooning debt could trigger a breakdown of the global financial system.

Speaking on NBC’s Meet the Press on Sunday, the founder...