There could be a 40% chance of a new US civil war breaking out, according to billionaire investor Ray Dalio.
In an interview with the Financial Times on Thursday, the founder of Bridgewater Associates, the world’s largest hedge fund, said that the probability of civil strife is higher than it has ever been.
“We are now on the brink,” he said. The US faces “much more turbulent times.”
This is not the first time Dalio has made such a warning. In late 2020, he suggested the US was already “seeing a form of civil war.” He was referring to internal movements within the nation as large numbers of people moved to other states for political and financial reasons.
A few months later, he said America is in a “terrible financial state and terrible financially divided.”
Dalio has also predicted, since the renewed Israel-Gaza conflict, that the chances of another world war, involving the US and China, are now 50/50.
In the interview with the Financial Times, Dalio warned investors that a sensible strategy, in light of escalating tensions within the US, would be to move investments to “the best parts of the United States,” where conditions are still conducive to investment, and also to move money overseas.
“Countries that earn more than they spend and have great balance sheets, have internal order and are neutral in the geopolitical conflicts… look attractive,” he said. He suggested Singapore, Indonesia, Malaysia, Vietnam and some Gulf states as possible destinations.
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Ray Dalio repeated his claim that the possibility of a second Civil War is growing
There could be a 40% chance of a new US civil war breaking out, according to billionaire investor Ray Dalio.
In an interview with the Financial Times on Thursday, the founder of Bridgewater Associates, the world’s largest hedge fund, said that the probability of civil strife is higher than it has ever been.
“We are now on the brink,” he said. The US faces “much more turbulent times.”
This is not the first time Dalio has made such a warning. In late 2020, he suggested the US was already “seeing a form of civil war.” He was referring to internal movements within the nation as large numbers of people moved to other states for political and financial reasons.
A few months later, he said America is in a “terrible financial state and terrible financially divided.”
Dalio has also predicted, since the renewed Israel-Gaza conflict, that the chances of another world war, involving the US and China, are now 50/50.
In the interview with the Financial Times, Dalio warned investors that a sensible strategy, in light of escalating tensions within the US, would be to move investments to “the best parts of the United States,” where conditions are still conducive to investment, and also to move money overseas.
“Countries that earn more than they spend and have great balance sheets, have internal order and are neutral in the geopolitical conflicts… look attractive,” he said. He suggested Singapore, Indonesia, Malaysia, Vietnam and some Gulf states as possible destinations.
Israeli Plan To Force All Gazan Survivors Onto US Ships Exposed
https://www.infowars.com/posts/we-are-now-on-the-brink-billionaire-investor-says-a-us-civil-war-likely2024-05-18T04:57:15.000Z2024-05-18T04:57:15.000Z