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Billionaire Ray Dalio Predicts A US Civil War In The Next Decade

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EDITOR'S NOTE: Billionaire and founder of the world's largest hedge fund firm, Bridgewater Associates, Ray Dalio, is painting a very scary picture of the next decade in America. He writes in his new book, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail, that he believes there is a 30% chance of a U.S. civil war in the next 10 years due to the “emotional political polarization” of the country. Dalio says this “dangerously high risk” of civil war comes from a current climate where “power is fought over and grabbed, [which] clearly signals the significant risk of a revolutionary change with all its attendant disorder.” On the bright side, he also writes that he thinks “the Constitution will probably save the nation.” Although that’s a positive thought, “probably” can’t make most Americans feel very good. 

Hedge fund founder Ray Dalio predicts there is a 30% chance of US Civil War in the next 10 years because of 'emotional' political polarization: Believes the Constitution may save the nation

  • Ray Dalio predicts a 30% chance of US Civil War in the next decade
  • He notes the rules of governance being 'ignored' and the 'exceptional amount of polarization' currently seen in the country as his main reasoning 
  • Dalio cites several studies showing the growing emotionally charged divide between Republicans and Democrats in recent years
  • A survey found 15% of Republicans and 20% of Democrats believes the country would be better off if a majority of the opposing political party 'just died' 
  • Pointing to the six stages of the internal order/ disorder cycle, which ends in civil war, Dalio claims the US is currently in the fifth stage
  • Says the Constitution is the 'longest-lasting and most widely admired internal order' which makes it 'less likely' to be abandoned
  • Dalio is the founder of the world's largest hedge fund firm, Bridgewater Associates, and the 88th richest person in the world

Billionaire Ray Dalio predicts there is a 30 per cent chance of US Civil War in the next ten years because of 'emotional' political polarization, but says the Constitution will probably save the nation. 

Dalio is the founder of the world's largest hedge fund firm, Bridgewater Associates. This year he was ranked as the 88th richest person in the world with a net worth of $20.3 billion. 

He makes his bold claims in his new book, 'Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail,' which was published on November 30.

Dalio explains that he believes there is a 'dangerously high risk' that the country will have a civil war within in the next ten years and points to the rules of governance being 'ignored' and the 'exceptional amount of polarization' currently seen in the country. 

He makes his bold claims in his new book, 'Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail,' which was published on November 30

'For example, when close elections are adjudicated and the losers respect the decisions, it is clear that the order is respected,' he writes.

'When power is fought over and grabbed, that clearly signals the significant risk of a revolutionary change with all its attendant disorder.'

He notes that people, including high-ranking officials, have openly doubted the validity of recent elections and expressed their willingness to fight for their beliefs. 

Dalio cites several studies as statistical proof of his claims of polarization within the country showing the deep divide specifically between the two political parties. 

A 2019 Pew survey found that 55 per cent of Republicans and 47 per cent of Democrats viewed the other as more immoral than other Americans, and 61 per cent of Republicans and 54 per cent of Democrats said that those of the other party don't share their values.

Originally posted on Daily Mail.

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