Billionaire Ray Dalio says President Donald Trump’s tariff war has helped push America close to a recession — or perhaps even “something worse.”

  • peteyestee@feddit.org
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    6 days ago

    Uhh… I think that’s the goal. We are trying to dominate and colonize the world in plain site. World conquest starting with Greenland, Canada and the control of the Arctic.

    • FooBarrington@lemmy.world
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      6 days ago

      Consistent periods of shocks and recovery are much better for billionaires than simple steady growth. The latter is better on paper, but it’s also better for everyone else, which means more competition for them. During shocks they can lower everyone elses standards and increase their relative wealth by buying from desperate people.

    • HobbitFoot @thelemmy.club
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      6 days ago

      He could be right about this.

      Best case is that this only triggers a selloff of federal debt, which means that Republicans get trapped having to balance the budget.

      At worst for him, he’s one of the first up against the wall when the revolution hits.