Ray Dalio Foresees Economic Crisis Worse Than Recession: 'I'm Worried About Something Worse Than A Recession, If This Isn't Handled Well'

Billionaire investor Ray Dalio warned on NBC’s Meet The Press Sunday that the U.S. is nearing a recession and could face an even deeper crisis if economic mismanagement continues. The Bridgewater Associates founder cited excessive debt, trade barriers, and weakening domestic manufacturing as destabilizing forces, drawing comparisons to the 1930s.He said mishandling the current economic environment could lead to global disruption, military conflict, or internal democratic breakdown. Dalio’s concerns carry weight due to his accurate prediction of the 2008 financial collapse.