JUST IN: Billionaire Ray Dalio: “I’m worried about something worse than a recession… we have something that is much more profound, we have a breaking down of the monetary order.”

https://v.redd.it/a6t1tzmc2tve1

by Ok_Programmer7826

19 comments

  1. Notice he doesn’t say what he’s doing about it with his investments. This dude got 2008 right and has been wrong over and over and over again since then.

  2. The people with the power and influence need to speak the fuck up. Challenge trump and watch him cave.

  4. A breaking down of? Like it’s just happening spontaneously. ![gif](emote|free_emotes_pack|facepalm)

  5. Really need to watch the dollar around the world. With the US being undependable. We may lose the dollar being the benchmark currency.

  6. The status of USD as world reserve currency is at risk.

  7. The very moment tru.p gets his guy in the fed the dollar is over.

  9. I think most people especially Americans don’t understand what the power vacuum will lead to for them personally. If people thought about the causality most would have 1789’ed a long time ago.

  12. Too big too fail, systematically banks too big too fail, literally nothing will happen . Chase bank will still be alive, once big banks collapse that’s a recession… You snowflakes literally don’t know what a real, “real” recession is lmao

    Globally systematically important banks. Idk how these people and political, news people have the guts to even be on television or social media saying nonsense

    ## What a real recession cause and effect looks like

    1. Poor people have nothing
    2. Rich people have lots of things

    ~~ Real recession happens.

    1. Poor people still have nothing
    2. Rich people also have nothing

    If that doesn’t happen and rich people actually have more wealth; that’s called “you got fxxxing scammed”

  13. The boy who cried wolf. *The billionaire who cried recession.*

  14. He wrote a book. New World Order.

    Well.. he predicts china is poised to takeover as the NEW leader of the world (Chinese world order).

    Biden definitely made his predictions somewhat unreliable and unfounded.

    With Trump tho. He got handed a Royal Flush from the orange turd himself.

  15. What is the “monetary order”? I’m not sure I took away a clear definition.

  17. Im currently asking my company to stop paying me in USD and instead in Euros, as are many others in my industry (we’re all paid in USD 9/10 times)

  18. If, as it seems and his actions suggest, Trump is Putin’s bitch, killing the dollar as the world’s reserve currency would be the best gift Trump could give Putin.

  19. Trying to unwind the Triffin Paradox. Good luck with that.

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