In a sobering interview on NBC’s Meet the Press this past Sunday, billionaire investor Ray Dalio issued a stark warning: The U.S. and global economy may be heading into a period of unprecedented instability — one potentially “worse than a recession.

During an interview on NBC's Meet the Press, Dalio warned that Trump's tariff policies and current global tensions could lead to a crisis "worse than a recession." The hedge fund manager compared the current situation to the 1930s, highlighting risks like internal political conflict, shifting global power dynamics, and economic instability.

Bridgewater founder Ray Dalio has been sounding off about his concerns for the global economy and global future in general, ringing alarm bells that danger's afoot. He has been saying not only are we at risk of a recession, but of more disruption as a result of certain economic policies and other factors.