CNBC’s Jim Cramer ripped a financial titan who delivered a grim financial forecast Sunday in a high-profile interview on NBC’s Meet the Press.

Conversing with Kristen Welker, Ray Dalio — a billionaire investor who founded the arena’s greatest hedge fund — expressed fear about financial downturn “worse than a recession” if President Donald Trump and his administration mishandles the current local weather and its standoff with other nations over tariffs.

“Do you think it is seemingly that america will dip into a recession because of President Trump’s tariffs?” Welker requested.

“I believe that at the moment we are at a decision-making point and very on the subject of a recession,” Dalio answered. “And I’m concerned about one thing worse than a recession if this isn’t taken care of well.”

In line with the interview, Cramer — who has himself speculated about the possibility of a crash in recent days — ripped Dalio for his grim take.

“The weekend’s studying is full of commentary of which the main chord is, as soon as once more, this man Ray Dalio saying that things are about to get horrendous,” Cramer wrote. “How long should this man be hostile to you ever making a living within the stock market. He retains us all in chains.”

The weekend's reading is stuffed with commentary of which the most important chord is, once once more, this man Ray Dalio announcing that things are about to get horrendous. How long must this man be antagonistic to you ever making a living in the inventory market. He retains us all in chains.

— Jim Cramer (@jimcramer) April thirteen, 2025

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