Ray Dalio Eyes Class Struggle as He Ponders U.S. Tipping Point

Ray Dalio

Photographer: Patrick T. Fallon/Bloomberg

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Ray Dalio turned to class and power struggles in the latest installment of his ongoing series on the changing world order, wondering if the U.S. is at a tipping point that could move it from what he says is “manageable” tension to a full-blown revolution.

“People and politicians are now at each other’s throats to a degree greater than at any time in my 71 years,” Dalio wrote in the essay published on LinkedIn, noting that disorder is rising in a number of countries. “How the U.S. handles its disorder will have profound implications for Americans, others around the world, and most economies and markets.”