A surprisingly non-emotional, non-partisan economic take on tariffs. No actual conclusion / prediction beyond what happens to currencies and rates.

(And I'm not a big Dalio fan.)

Ray Dalio

A surprisingly non-emotional, non-partisan economic take on tariffs. No actual conclusion / prediction beyond what happens to currencies and rates.

(And I'm not a big Dalio fan.)

https://x.com/RayDalio/status/1907489922359132627

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

(I have no idea what happens in 6 months with the tariffs.)

I think the risk is is pretty high of mass layoffs, recession, and further inflation if nothing changes for the better. But the real problem is buddy on the mound has no qualms throwing another knuckleball before we can get our bearings. Sorry but can’t trust this admin to not continue doing crazy shit.