Ray Dalio, the billionaire investment tycoon who put together the largest hedge fund in history has made a chilling pronouncement on the future of America in his latest book. “No empire lasts forever,” Dalio said. The 72-year-old Co-Chairman and Co-CIO of Bridgewater Associates with assets in excess of $20 Billion isn’t worried about his business empire but our very nation. In an interview with Forbes Dalio noted that U.S. inflation has spiked to the highest rate in over 30 years, “Right now, money and credit and how it’s behaving are affecting the financial markets, it’s affecting inflation,”
According to Forbes,
“Dalio believes there’s a 30% chance that the U.S. will enter into a major “civil-war-type” conflict within the next five years. While other countries face similar challenges, America looks especially vulnerable.
“It’s very important that we deal with this now,” he says. “We can have a type of civil war or international war based on how we are behaving with each other and our financial conditions.”
Dalio began expressing his concerns all the way back in January following the installation of Joe Biden, he tweeted in a lengthy thread,
“Back in February, I said I wanted a president who could “bring together our country to face our challenges in a more united and less divisive way.”
I wanted someone who would unite people – i.e. who does not view themselves as the leader of the winning side imposing policies the other side would find intolerable.
I believe we are on the brink of a terrible civil war (as I described in The Changing World Order series), where we are at an inflection point between entering a type of hell of fighting or pulling back to work together for peace and prosperity…
… that addresses the big wealth, values, and opportunity gaps we’re now seeing. For that reason I was thrilled to hear what President Biden said at his inauguration. It is consistent with the direction history has shown the country needs to move in.
Now the question is whether the president and both parties will bring that about. Good words and spirit aren’t enough. People will have to agree on both how to grow the pie and how to divide it well. That will require revolutionary change.
Doing it peacefully requires both bipartisanship and skill. It won’t be easy. Our country is still in a terrible financial state and terribly divided. I will monitor how those good intentions are turning into good actions and keep you posted.”
There’s Billionaire Optimism And There’s Willful Blindness
Dalio wasn’t finished there though, eleven months later his initially optimistic view held at the start of the Biden-Harris regime… seems to have darkened.
It was a very rare country in a very rare century that didn’t have at least one boom/harmonious/prosperous period and one depression/ civil war/revolution period, so we should expect both. (1/3) pic.twitter.com/HEcF6bLquv
— Ray Dalio (@RayDalio) November 16, 2021
Honestly, how could it be otherwise to any objective observer? Had Dalio taken several years off from American politics before he wrote, “I wanted someone who would unite people – i.e. who does not view themselves as the leader of the winning side imposing policies the other side would find intolerable.” Dating back to the earliest days of the Obama candidacy, even before his election the leftists who took over the once reasonable Democrat party (admittedly you have to go back to Kennedy..) had dedicated themselves to precisely a policy of “imposing policies the other side would find intolerable.” From the Obamacare to the Obama apology tour and the Obama admin’s capitulation to Iran and the 2012 abandonment of our consulate at Benghazi that cost the lives of Ambassador to Libya J. Christopher Stevens and U.S. Foreign Service Information Management Officer Sean Smith and CIA contractors Tyrone S. Woods and Glen Doherty. The entire point and substance of the progressive/socialist Democrats has been to EXPRESSLY impose their will on American conservatives and Joe Biden made that painstakingly clear throughout his entire campaign.
Much like the prevailing leftists of the day, Dalio stresses that American needs to address, “the big wealth, values, and opportunity gaps we’re now seeing.”, dutifully stressing the socialist talking point of wealth redistribution and a disparity of opportunity based upon race and socio-economic standing. This is truly artful. Ray Dalio is dodging past the true cause of the seemingly imminent civil conflict by paying it lip-service and diving headlong into the acceptable leftist narrative that will see his book sales launch well. Wealth disparity may be an indicator of civil conflict but it is not its likely cause in an American system.
The one and only cause of a coming civil conflict is precisely what Ray Dalio naively (or deceptively) stated he was hoping Biden wouldn’t be: “the leader of the winning side imposing policies the other side would find intolerable.” That is absolutely who Biden is, who the Democrat-Socialists are, they are the people who will almost certainly move a “civil-war-type conflict” from a 30% probability to a certainty when American patriots simply can not tolerate it anymore.
