| There are smart tariffs and there are not smart tariffs. Every type of tax, tariffs included, has pros and cons. Done well, tariffs can provide a source of revenue while simultaneously reducing geopolitical risk. But to be effective, they need to be engineered prudently, efficiently, and surgically. |
Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
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Ray Dalio Talks with CNBC’s Squawk Box About How the System Breaks Down Once a Lifetime
2025-07-16
The world order is now changing in a way that I described in my book and video Principles for Dealing with the Changing World Order. For a complete picture I encourage you to read the book or you can watch the animated video on my channel.
#raydalio #principles #politics #economics
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