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Let's talk about a billionaire giving everyone a warning.... (NEG)

Beau of the Fifth Column (Apr 14, 2025 8:00pm | Duration: 0h 3m 23s)

         



Summary Transcription Comments
dalio (4)
congress (2)
normal recession (2)
    Well, howdy there, internet people, it's Belle again.
   So today, we're going to talk about a warning from a billionaire to everybody.
   Ray Dalio.
   That's a name you might not be familiar with, but he's one of the wealthiest men in the country.
   He founded Bridgewater Associates, which is an asset management firm that you've probably never heard of.
   But the last time I saw their numbers, Bridgewater had about $150 billion under their management.
   They're not a small player.
   Think about why you hear about firms like that if you aren't in finance.
   They messed up, right?
   I could list a dozen firms that nobody's ever heard of because they avoid being at the center of financial meltdowns.
   Most people become familiar with companies like this because of the 2008 crash.
   Even though Bridgewater has been around since the 1970s, they're not exactly a household name because they didn't mess up in 2008.
   In fact, Dalio warned it was coming.
   In 2007, the firm warned of embedded risks and a, quote, cracking of the financial system.
   I'm pretty sure Dalio actually tried to warn the White House at the time and met with Treasury Department officials.
   While most of the financial world was in dire straits, Bridgewater's Pure Alpha Fund rose almost 10%.
   I'm obviously not doing an ad for Bridgewater, so why am I telling you all this?
   Because Dalio is sounding the alarm again.
   He was on Meet the Press, and I'd imagine the quote that will be in all the headlines on Monday will be, quote, I think that right now we are at a decision-making point and very close to a recession, and I'm worried about something worse than a recession if this isn't handled well.
   He explained, quote, we're having profound changes in the world order.
   Such times are very much like the 1930s.
   I've studied history, and this repeats over and over again.
   He then talked about the rise of a new power that challenges the existing one.
   Dalio seems to believe the biggest issue is Congress being unwilling to manage the debt.
   Trying to hide the trillions in debt from Trump's tax cuts won't help.
   He stressed that Congress should reduce the deficit to 3% of the GDP, and said, quote, if they don't, we're going to have a supply-demand problem for debt at the same time as we have these other problems, and the results of that will be worse than a normal recession.
   Worse than a normal recession is bad enough, but that wasn't the end of his concerns.
   When asked about his fears, he said, quote, quote, the value of money, internal conflict that is not the normal democracy as we know it, an international conflict in a way that is highly disruptive to the world economy, and could even be a military conflict.
   Anyway, it's just a thought.
   Y'all have a good day.
1.@kevinvegas1916(2025-04-14 20:00:34)
????????????
2.@CrystalAbrahams(2025-04-14 20:00:43)
What we truly long for is to be NEEDED.
Being loved is comforting.
But being needed gives us purpose.
3.@Emily-z8n7h(2025-04-14 20:01:19)
Thank you very much for the video.
?????? 9 ????
4.@Olivia-t1o9f(2025-04-14 20:01:19)
Your channel has become a real source of inspiration for me. Thank you very much for that!????????????
5.@carmadefries3729(2025-04-14 20:01:20)
Hi y’all! ?????
6.@alumpyhorse(2025-04-14 20:01:20)
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7.@rogerlozano3229(2025-04-14 20:01:30)
Good morning
8.@donaldmrambojr5695(2025-04-14 20:01:35)
????
Howdy, Ranch Hands! Hope you're having a good afternoon!????
9.@Ubotit_Unaymit(2025-04-14 20:01:48)
Howdy
10.@jannegrey(2025-04-14 20:02:06)
Hello Everyone!
Stay safe.
11.@katec7862(2025-04-14 20:02:07)
????????????????
12.@HortenseVanoverer(2025-04-14 20:02:12)
If my life was as interesting as this comment, I wouldn't be sitting on YouTube right now????
13.@katboss4886(2025-04-14 20:02:26)
Belle time Lunchtime. Hi ???? peeps ????
14.@SaberToothBicycle(2025-04-14 20:02:43)
"Avoiding becoming the center of a financial meltdown..."

Too bad they couldn't convince the Republican Party.

Remain resilient Internet People
15.@victoriajohnson-parratt6975(2025-04-14 20:02:51)
Whenever it is wherever you are, I hope you're finding happiness today!
16.@pinealgasm(2025-04-14 20:03:11)
i challenge anyone to document how difficult it is to get me the help i need.
17.@null-void-error(2025-04-14 20:03:13)
Let's talk about Rump ordering the FCC to revoke A TV station's license over 60 minutes. ??? And Contempt charges pending? When do the Patriots take charge and make the adult decisions?
18.@soulsquest(2025-04-14 20:03:52)
Jack Wlech was alive in 2008 now we don't have any excuses.
19.@folalde(2025-04-14 20:04:02)
Interesting, history repeats itself. Honest brokers like Dalio, are ignored at our peril.
20.@jacobbockover1628(2025-04-14 20:04:06)
I have in fact have heard of him and company Im unsure why
21.@dankolar6066(2025-04-14 20:04:17)
Deteriorata

Go placidly amid the noise and waste,
And remember what comfort there may be in owning a piece thereof.
Avoid quiet and passive persons unless you are in need of sleep.
Rotate your tires.
Speak glowingly of those greater than yourself,
And heed well their advice, even though they be turkeys.
Know what to kiss and when.
Consider that two wrongs never make a right,
But that three lefts do.
Wherever possible put people on "HOLD".
Be comforted that in the face of all aridity and disillusionment,
And despite the changing fortunes of time,
There is always a big future in computer maintenance.
Remember the Pueblo.
Strive at all times to bend, fold, spindle and mutilate.
Know yourself. If you need help, call the FBI.
Exercise caution in your daily affairs,
Especially with those persons closest to you;
That lemon on your left for instance.
Be assured that a walk through the ocean of most souls,
Would scarcely get your feet wet.
Fall not in love therefore; it will stick to your face.
Carefully surrender the things of youth: birds, clean air, tuna, Taiwan,
And let not the sands of time get in your lunch.
For a good time, call 606-4311.
Take heart amid the deepening gloom that your dog
Is finally getting enough cheese;
And reflect that whatever fortunes may be your lot,
It could only be worse in Sioux City.
You are a fluke of the Universe.
You have no right to be here, and whether you can hear it or not,
The Universe is laughing behind your back.
Therefore make peace with your God whatever you conceive him to be,
Hairy Thunderer or Cosmic Muffin.
With all its hopes, dreams, promises, and urban renewal,
The world continues to deteriorate.
Give up.
— From the National Lampoon Radio Dinner album.
22.@DawnakaPookie(2025-04-14 20:04:30)
The interviewer felt the need to ask him twice... "what's worse than a recession?" I heard his answers but, honestly, I did not understand all of it. YET, I know it sounded bad.
* of course if I want to understand better I can research his answer.
23.@WilliamBechtold70325(2025-04-14 20:04:37)
Mr Dalio said stag-flation without actually saying stag-flation. We are so cooked. ??????? A recession would be a great outcome at this point.
24.@nancyhalstead916(2025-04-14 20:04:53)
Thank you, Belle , for the warning.
25.@bloodyninja2411(2025-04-14 20:04:54)
Can you explain the concern about sending Americans away?
26.@plant.3670(2025-04-14 20:04:59)
Boost
27.@donaldmrambojr5695(2025-04-14 20:05:06)
DJT is the ultimate in financial meltdowns and the sad trend continues. ????
28.@lauralomonaco5847(2025-04-14 20:05:57)
???
29.@Argosh(2025-04-14 20:06:02)
The bond markets are gonna end Trumplestiltskin.
30.@spikelove9533(2025-04-14 20:06:20)
Maga and Putin are speaking the same words. We don't need any other signs
31.@JosephBirkett-b9b(2025-04-14 20:06:38)
So, that billionaire learned from history! Too bad the ones in the White House didn’t
32.@RobertWells-j4j(2025-04-14 20:07:29)
GREED has consequences??? WHO knew???
33.@jimmymartin6723(2025-04-14 20:07:35)
Me , I would like for you to expand your comments on this from Bridgewater and Dallio
34.@Hokiealum99(2025-04-14 20:07:40)
I have heard of him. I am not saying he is wrong but he has been calling for doom and gloom for years. The USA Electing Trump in 2024 may finally make him correct this year.
35.@CJusticeHappen21(2025-04-14 20:08:18)
The time to focus on eating right and exercise isn't after you are diagnosed with cancer.
36.@aprilcalhoun8984(2025-04-14 20:08:38)
Everyone knows the name of the class clown and bully, it’s easy to overlook the good student. I wish we had more good students in charge.????????????
37.@bettylynne7364(2025-04-14 20:09:48)
I so wanted t remake the US the compassionate responsible Bernie way, we're going with cruel and unusual. Oh well, fight on, my beauties.
38.@guymontag1427(2025-04-14 20:09:54)
Now that the president has defied the supreme court’s order. Do we live in a dictatorship?
39.@williamanderson1231(2025-04-14 20:11:14)
Thank you for the info. Congress needs to do its job, now!
40.@jollyjackass(2025-04-14 20:11:31)
????????
41.@Katie-hh9eu(2025-04-14 20:11:45)
I watched the interview and didn't quite understand what he was trying to say, I still don't understand. I'm hoping you do another video talking about this in laymen's terms.
42.@thehellyousay(2025-04-14 20:11:50)
apropos of nothing, trump just had el slavador's president bukele "sentence" kilmar garcia to "life in prison" from the oval office.

any thoughts ... ?
43.@DarkPesco(2025-04-14 20:11:55)
Wonder why "non-aligned" actors never come out clearly how insane this is! They only speak to other people with large sums of money...as if they are all that matter. Is it because billionaires aren't really human?
44.@bigdaddyed2(2025-04-14 20:12:19)
He was telling everyone that the dollar is finished. Trump is the right one at the right time as far as Europe goes. The rest of the world is fixin to stomp a mudhole in our a$$. American Exceptionalism is a myth and an urban legend.
45.@MaxineBrennan-gj1xx(2025-04-14 20:12:31)
Trump is just hiding the money he is getting
46.@arturobianco848(2025-04-14 20:12:38)
Well he sounds like a smart guy. If you peeps are going on like this the end of the dollar as the gobale reserve currency might be over way sooner then most people think. Thats bad for the entire worldbut its catestrophic for the USA. I'm european and we don't want this to happen so soon. We aren't ready to take over the position and no other currency is strong enough to hold that role. Wich means choas wich probable will lead to people shotting at each other en masse.
47.@reedsdad(2025-04-14 20:12:58)
I wonder who's gonna play trump and musk in the funny/not funny academy awards winning drama about this in 10 years.
48.@Skeloric(2025-04-14 20:12:59)
Seems he all but said that the worst is already guaranteed.
We already know that none in the current regime are anywhere close to the sort he said we needed to stave off the worst.
49.@ScytheNoire(2025-04-14 20:13:04)
Republicans don't know how to govern, so prepare for it to get really bad.
50.@tmcdowell5986(2025-04-14 20:13:05)
George W. was ass-a-fire anxious to take a quarter of Social Security and invest it in the market right before the market turned to dust. That was the trick used by the Right when the financial system was sucking air in 2008 to put real money in the system so well to do's and brethren could suck it right back out, get paid and leave the corpse for "the individual investor" to eat. Rich gotta be rich.
Fuck the rich. Tax the rich. Shove Left.