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A crash coming? Ray Dalio warns AI rally looks like 1929 and 2000 bubbles
Aug 4, 2026
The Economic Times

A crash coming? Ray Dalio warns AI rally looks like 1929 and 2000 bubbles

Ray Dalio warned that the current AI market rally shows signs of a bubble like those seen in 1929 and 2000. He said the market has many features from earlier speculative periods. Rising interest rates and a wave of stock issuance are risks that could burst this bubble, he added.