[2025-04-08] The latest IT, economic, blockchain and coin news
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2025-04-08 | Curator: CryptoTerminal
Tariffs Are Just the Tip of the Iceberg, Warns Billionaire Investor Ray Dalio
Billionaire investor Ray Dalio suggests that the past week's market meltdown triggered by President Trump's sweeping tariff policy reveals more than just short-term volatility and a flight to safety. Dalio, who founded Bridgewater, the world's largest hedge fund by discretionary assets under management, wrote Monday that the world is witnessing a "once-in-a-lifetime" chaos that signals a "breakdown" of the global order. Late Monday evening, Trump threatened to raise the tariff on Chinese goods b...