Bridgewater Associates founder Ray Dalio is always on the lookout for the next issue that could derail the economy. He, like many others, is extremely concerned about national debt. He’s also mindful of geopolitical conflict, restructuring of the monetary world order, and also the rising tensions within America itself.
Should friction in the U.S. continue, the hedge fund founder warned individuals’ ability to “hurt each other” has never been higher.
He explained: “We’re in wars. There is a financial, money war. There’s a technology war, there’s geopolitical wars, and there are more military wars. And so we have a civil war of some sort which is developing in the U.S. and elsewhere, where there are irreconcilable differences.”
Speaking to Bloomberg, Dalio said there are two outcomes for America: Either the nation pulls together and rises above, or conflicting sides exert as much pain on the other as they…
