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Wealth Tax Could Trigger Market Collapse | Durham News
Description
A 2% annual wealth tax might sound simple, but it could force billionaires to sell assets during market downturns, triggering a devastating domino effect. Ray Dalio warns that forced liquidation—especially when prices are falling—could collapse asset values, trigger margin calls, and accelerate economic crashes. He’s urging diversification across gold, stocks, bonds, and real estate as a hedge against volatile markets, especially amid the AI hype bubble building today.
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