Billionaire Ray Dalio says President Donald Trump’s tariff war has helped push America close to a recession — or perhaps even “something worse.”

  • peteyestee@feddit.org
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    5 days ago

    Uhh… I think that’s the goal. We are trying to dominate and colonize the world in plain site. World conquest starting with Greenland, Canada and the control of the Arctic.

    • SoupBrick@pawb.social
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      5 days ago

      He is probably talking about worse “for rich people”.

      Recessions for rich people is just making less money, maybe moving out of the states, maybe selling some assets.

      • Snot Flickerman@lemmy.blahaj.zone
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        5 days ago

        He probably does, but he also seems not entirely stupid.

        In this video, he even calls out high levels of inequality and agitation between wealthy and poor as a reason Empires begin to fail.

        It’s easy to get distracted by the loud stupid wealthy, but I think Ray Dalio may actually be one of the ones who sees the forests for the trees, even if he’s still mostly working to improve his own position and not society in general.

        • HubertManne@piefed.social
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          5 days ago

          yeah I get annoyed with the knee jerk reaction of X is a rich asshole and its all the same. There are some that recognize that there needs to be some balance.