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Michael Saylor reports plans to buy more bitcoin even though billionaire Ray Dalio warns that Trump’s prices could release something “worse than a recession”.
“I think at the moment, we are at a decision -making point and very close to a recession,” said the founder of Bridgewater Associates during an interview with NBC’s Meet The Press yesterday. “And I worry about something worse than a recession if it is not well managed.”
During the interview, Dalio, who predicted the 2008 financial crisis, said that the current global financial sector is undergoing something “much deeper” than a recession, which represents only two negative GDP quarters.
Dalio’s prediction is based on his conviction that the monetary order decomposes, comparing current times to those before the Great Depression in the 1930s.
He later warned that history could repeat itself, saying: “If you take prices, if you take debt, if you take the growing power contesting the existing power, if you take these factors and look at the factors, these changes in orders, systems, are very, very disruptive.”
“How is it managed could produce something worse than a recession,” said Dalio.
Dalio’s comments come in response to an ongoing business war between the United States and Chinawho was ignited by the announcement by American president Donald Trump from a series of radical rates with the country’s business partners.
This included a rate of 145% on Chinese products. China has since retaliated with prices.
THE Asset The prices have led to high levels of uncertainty in the global markets, pushing investors to security assets such as gold and even bitcoin.
Even endlessly in the trade war in sight, Saylor, president of the strategy (previously Microstrategy), alluded to another purchase of Bitcoin to come.
In an article on April 13, Saylor shared an snapshot of the Saylortracker table, a decision which, in recent weeks, has been followed by an announcement of another Bitcoin purchase.
No prices on orange points pic.twitter.com/cg3bcvpmcm
– Michael Saylor (@saylor) April 13, 2025
The recent post also comes after an interruption of 2 weeks in the aggressive Bitcoin accumulation strategy of the company.
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post url: https://altcoin.observer/trump-prices-could-free-up-more-than-the-recession-ray-dalio/