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Ray Dalio warns of economic crisis far worse than recession

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Ray Dalio, billionaire founder of Bridgewater Associates, is sounding the alarm on a looming economic disaster worse than a recession. Dalio says massive government spending, a shaky dollar and trade tariffs could unravel the global financial system. If these challenges aren't handled well, there could be a crisis that's much worse than a couple of rough economic quarters, he warns.

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