- Daily Dispatch
- Posts
- Worse than recession? š¬
Worse than recession? š¬
Billionaire hedge fund manager and Bitcoin aficionado Ray Dalio is sounding the alarm about the economyāmuch as he did ahead of the 2008 financial crisis.
Andrew Hayward
April 14, 2025
š What you need to know
Itās a new week and Bitcoin is flat on the day, hanging below the $85,000 mark as tech stocks rebound thanks to tariff exemptions on smartphones and other electronics that are giving the markets a boost. And Strategy (MSTR) just announced a $286 million Bitcoin buy, continuing to accumulate amid recent volatility.
While Monday has started a bit sunnier than some recent trading days, the vibes arenāt all positive. Billionaire hedge fund manager and Bitcoin enthusiast Ray Dalio warned on āMeet the Pressā over the weekend that thereās potentially massive financial disruption on the horizonāechoing his warnings ahead of the 2008 financial crisis.
Saying that he foresees a ābreaking down of the monetary orderā amid President Trumpās growing global trade war, Dalio said that the result could be āsomething that is much worse than a recession.ā
"We are having profound changes in our domestic order [...] and we're having profound changes in the world order. Such times are very much like the 1930s," Dalio said. "I've studied history, and this repeats over and over again."
š MYRIAD Market of the Day
š¬ Quote of the Day
āWe want to make sure that those in D.C. policy-making circles and everyone advocating for their interests here are aware of all the cool stuff happening on Solana and the possibilities of development on-chain.ā
