Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'
1. Ray Dalio warns of potential economic breakdown worse than recession. 2. Tariffs from President Trump deemed very disruptive by Dalio. 3. He highlights rising budget deficit projected to surpass 7% of GDP. 4. Dalio urges Congress for bipartisan efforts to stabilize debt at 3% GDP. 5. Failure to act could lead to international conflict and economic crises.