Analyst Ray Dalio warned of the upcoming financial crisis

The digital asset segment was faced with obvious pressure against the background of the fact that the head of the United States Donald Trump provoked a global trade confrontation with a large number of countries. A few months ago, Bitcoin reached a new extremum at $ 110 thousand, but from that moment its price fell to about $ 85 million.

Analyst Ray Dalio believes that the current policy of the Donald Trump administration can lead the United States to the new crisis, which will be comparable to the negative effect with the real estate bubble that formed in 2008. The positive does not add positive that Donald Trump is studying the possibility of dismissing Jerome Powell from the post of head of the federal reserve. According to Dalio, such a step will provoke obvious turbulence in the global market.

Last week, Trump published a post on the social network Truth Social. According to him, the dismissal of Powell cannot take place quickly. Earlier, the Fed decided to leave the key rate at the same level. Representatives of the department noted that they need more time to evaluate the consequences of a trade confrontation for the American economy.

Last month, the Senator from the Democratic Party, Elizabeth Warren, also said that in the near future Trump could fire Powell. In her opinion, this will cause severe damage to the US GDP.

The General Director of the Macro Hive Investment Research Company Bilal Hafiz also commented on this situation. According to him, the news about the possible dismissal of the current leader of the Fedi plundered him in a natural shock.

He believes that this scenario for the global market will have apocalyptic consequences. The specialist emphasized that the mass of trading duties introduced by the administration of the tram undermined the order of international trade. This strengthened the uncertainty, forcing investors to abandon investment in high -risk assets.

Author

Andrey Alexandrov