Billionaire investor Ray Dalio, known for predicting the 2008 financial crisis, has warned that the US faces a form of “civil war” driven by increasing government debt, significant wealth disparities, and internal chaos.
Dalio, founder of Bridgewater Associates , has warned that increasing political and economic instability in the US could trigger a sort of "civil war", which will not be an armed conflict, but a breakdown in consensus among Americans.
Also Read | How much gold should you invest in? Ray Dalio shares his advice as prices soar
A comparison with the Great Depression
The billionaire highlighted rising government debt and growing wealth gaps as signs of economic issues that could trigger more conflicts. He drew parallels between today and 1937 or 1938, when the US fa