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The Question Gets Louder. Are We In A Civil War?
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Hedge fund manager and billionaire Ray Dalio has warned that the U.S. may be entering a new kind of “civil war” amid rising inequality and debt, as well as a breakdown in the global geopolitical order. In an interview with Bloomberg TV which aired this week, the founder of Bridgewater Associates said that the forces which “shape the world” were all now being disrupted, and that America served as a prime example of this.
“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,” he said. “And so we have a civil war of some sort which is developing in the U.S. and elsewhere, where there are irreconcilable differences.”
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