{"id":4760,"date":"2025-09-07T01:56:13","date_gmt":"2025-09-07T01:56:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/4760\/"},"modified":"2025-09-07T01:56:13","modified_gmt":"2025-09-07T01:56:13","slug":"while-dalio-warns-of-trump-and-autocracy-ackman-minds-the-mortgage-forms-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/4760\/","title":{"rendered":"While Dalio warns of Trump and autocracy, Ackman minds the mortgage forms \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall b-it-article-body__text--left\">Hedge fund billionaire <a href=\"https:\/\/www.irishtimes.com\/tags\/ray-dalio\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/ray-dalio\">Ray Dalio<\/a> did something unusual in financial circles recently \u2013 he criticised <a href=\"https:\/\/www.irishtimes.com\/tags\/donald-trump\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/donald-trump\">Donald Trump<\/a>. What is happening today \u201cis analogous to what happened around the world in the 1930-40 period\u201d, he told the Financial Times, citing \u201cmore extreme\u201d policies, widening wealth gaps, a collapse in trust and a central bank under pressure. <\/p>\n<p class=\"c-paragraph paywall \">\u201cDuring such times most people are silent,\u201d says Dalio, \u201cbecause they are afraid of retaliation if they criticise.\u201d<\/p>\n<p class=\"c-paragraph paywall \">Indeed. Most executives and money managers toe the line, noted billionaire money manager Cliff Asness in a recent interview. Asness is famously blunt, but admits to feeling fear in the current environment, referring to \u201cvindictive people\u201d and how \u201cdisbelievers\u201d can be punished in \u201can extreme way\u201d.<\/p>\n<p class=\"c-paragraph paywall \">There\u2019s no danger of that when it comes to another hedge fund billionaire, obsequious culture warrior Bill Ackman. Addressing Trump\u2019s attempt to remove Federal Reserve governor Lisa Cook, Ackman suggested she \u201cimmediately put forth the facts to clear her name\u201d regarding mortgage fraud allegations or else \u201cresign in the best interests of the integrity of our financial system. The sooner this occurs, the better for her and our country.\u201d<\/p>\n<p class=\"c-paragraph paywall \">Really? That\u2019s the key issue here? To Dalio, the issue is autocracy; to Ackman, it is paperwork.<\/p>\n","protected":false},"excerpt":{"rendered":"Hedge fund billionaire Ray Dalio did something unusual in financial circles recently \u2013 he criticised Donald Trump. What&hellip;\n","protected":false},"author":2,"featured_media":4761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[5581,72,969,1961,61,60,5580],"class_list":{"0":"post-4760","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bill-ackman","9":"tag-business","10":"tag-donald-trump","11":"tag-federal-reserve","12":"tag-ie","13":"tag-ireland","14":"tag-ray-dalio"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/4760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=4760"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/4760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/4761"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=4760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=4760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=4760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}