Ray Dalio says global monetary order ‘on the brink’ of breakdown

Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions. The trade tensions are fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund Bridgewater Associates, said in an April 28 X post. Dalio added that this is leading to irreversible damage, and an increasing number of importers and exporters, particularly between the US and China, are drastically reducing interdependencies and “making alternative plans. ”“[They’re] recognizing that whatever happens with tariffs, these problems won't go away, and that radically reduced interdependencies with the US is a reality that has to be planned for source: https://cointelegraph.com/news/ray-dalio-global-monetary-order-on-brink-breakdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound