Bridgewater’s Ray Dalio Sees U.S. on Path to Civil War as Political Polarization Rises
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Ray Dalio warned Thursday that the U.S. appears to be on a “classic path” toward “some form” of a civil war amid a dangerous combination of large deficits, high taxes, inflation and gaps in wealth and values that lead to political polarization.
“When that happens at the same time as there are foreign powers that are becoming strong enough to challenge the leading world power that is encountering this civil war dynamic, it is an especially risky period,” he wrote in a post on LinkedIn. “That is the period I believe we are now in.”