The founder of bridge water Ray halio He warned that on Wednesday the significant US debt could have a strong impact on the global economy.
This is the newest in the US hedging fund, now the United States Hedging Fund, now the country’s national debt in the series of warnings about American montals inhabit $ 36.2 trillion.
“First of all, we have a very difficult proposal,” said Dalio CNBC, Dalio, said in Sarah Eianen Fuel In Singapore. “(With US) to sell the number of debts that the world wants to buy.”
He said that close and “important value.”
The US deficiency must be 7.2% from the designed level Gross domestic product About 3% of GDP, said Dalio.
“It’s a big deal. You want to see amazing events in terms of how it’s resolved, “he added.
Dalio asked whether the US debt can lead to a saving period or not to buy debt to other countries or even lead to a pressure restructuring to pay for some creditors.
“If we see political and geopolitical changes for many people, if you look at the history, you will see these events over and over again,” Dalio said. “Some events we have seen are amazing to see us, it seems to be as versatile as we have seen.”
His opinions are made in the left shelter Salesforce CEO Mark Beniofcome within a tariff Rolling a roller to markets last days.
The uncertainty of trade policy has increased the feeling of peace in Wall Street, as investors expressed concern about the impact of brewing war in the world economy.
President Donald TrumpTrade policy for the restoration of American economic regulations includes tariffs against Canada, Mexico and China.
Tariffs have caused to fight between countries
Asks about the possible consequences of the sale of a trade, Dalio described the current situation as “prolonging history patterns” and described Germany in the 1930s as one example.
At that time Dalio was accompanied by tariffs for the calculation of the debt, increase in returns and creating its internal base. “Be nationalist, protected, and getting advanced. They work like that, “he said.
“The question of this is the suffering of all this, all of this. Thus, tariffs will lead to the fight between the countries, “Dalio said, he did not necessarily talk about military conflict.
“But think about us, Canada, Mexico, Chinese and soldiers. There will be martial arts, and it will be its consequences, and I think this is the main thing, “he said.
Dalio shared his views as a politically neutral observer, comparing a mechanic or doctor’s views. “I’m not an ideologue,” he added.