Billionaire Dalio Sees Trump’s Tariffs as Symptom of Deeper Global Shift

Billionaire investor Ray Dalio asserts that the recent market volatility triggered by President Trump’s sweeping tariffs reveals a much larger, underlying economic shift than just short-term volatility and flight to safety. He argues that tariffs go beyond simple tax revenue generation; they are tools for countries to prepare their economies for potential conflict or war. Dalio contends that these tariffs are merely symptoms of five powerful forces reshaping the global order: escalating debt, domestic politics, shifting geopolitical power dynamics, natural disasters, and the disruptive impact of technologies like AI on the global economy.