Ray Dalio Says US Is Entering Period of ‘Great Turbulence’

Bridgewater Associates Founder Ray Dalio

Photographer: Ore Huiying/Bloomberg

Bridgewater Associates founder Ray Dalio said the US is headed for years of tumult, driven by large deficits, the growing wealth gap and left-right political divisions.

A new geopolitical system and disruptions from AI will also contribute to the turmoil, he added.