(C) Daily Kos
This story was originally published by Daily Kos and is unaltered.
. . . . . . . . . .
USA on path to a Depression: Here is why this reputable hedge fund manager all but said it! [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2025-04-13
This hedge fund manager infers that a Depression may be imminent. Reputable Billionaire investor Ray Dalio predicts that, barring a significant course correction, America is headed for worse than a recession, describing it as 1930.
USA on path to a Depression.
Watch Politics Done Right T.V. here.
x Embedded Content
Podcasts (Video — Audio)
Summary
In a rare substantive interview on Meet the Press, hedge fund manager Ray Dalio warned that the United States could face an economic collapse worse than a recession, even approaching depression-era conditions, if current fiscal and geopolitical trends persist. Drawing parallels to the 1930s, he cited rising debt, monetary instability, and global tensions as signs of a domestic and international order breakdown. Dalio proposed deficit reduction and restructuring as necessary while emphasizing that proactive leadership could prevent disaster.
Five Key Bullet Points:
Ray Dalio warned that the U.S. risks entering a depression, not just a recession, due to a convergence of economic and political crises.
He cited unsustainable debt levels, trade deficits, and a breakdown of the monetary order as significant warning signs.
Dalio drew historical parallels to the 1930s, indicating a potential collapse of the existing global and domestic systems.
He called for a “3% pledge” from Congress to reduce the federal deficit and prevent a crisis of confidence in U.S. debt.
Dalio emphasized the urgency of smart, collective action to restructure economic policies and avoid catastrophic outcomes.
Ray Dalio’s dire assessment confirms what progressives have long warned: Unfettered capitalism and trickle-down economics drive the United States toward economic ruin. The massive deficits fueled by Trump-era tax cuts for the wealthy and destabilizing trade wars now threaten not just recession but systemic collapse. It’s time to reverse this course by taxing the rich, investing in working families, and ensuring government policy serves the people—not just the bond markets and billionaires.
The complete article is here on my Substack.
Viewers are encouraged to subscribe and join the conversation for more insightful commentary and to support progressive messages. Together, we can populate the internet with progressive messages that represent the true aspirations of most Americans.
[END]
---
[1] Url:
https://www.dailykos.com/stories/2025/4/13/2316221/-USA-on-path-to-a-Depression-Here-is-why-this-reputable-hedge-fund-manager-all-but-said-it?pm_campaign=front_page&pm_source=latest_community&pm_medium=web
Published and (C) by Daily Kos
Content appears here under this condition or license: Site content may be used for any purpose without permission unless otherwise specified.
via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/dailykos/
