Billionaire investor Ray Dalio, known for predicting the 2008 financial crisis, has expressed deep concerns about an impending economic collapse that he believes could be worse than a mere recession. During a series of interviews, Dalio highlighted that the current turmoil is indicative of a once-in-a-lifetime breakdown in the global economic and political order, exacerbated by escalating US-China trade tensions and tariffs. He remarked that these tariffs are only symptoms of a deeper issue, urging for a reconsideration of strategies, including a trade deal between the US and China. Dalio emphasizes the likelihood of not just a standard recession but a significant shift in monetary order that could redefine global economic dynamics.