On the Brink of Civil War: Billionaire Investor Ray Dalio, By Charles Taylor (Florida)
Billionaire investor Ray Dalio has been right on the money before, and his prophecies are thus worth considering. He has recently said that there is a 40 percent chance of a new civil war, Civil War 2.0, in America. This started in 2020, and is now intensifying, putting the country on the "brink." But he sees the chances of a war between the US and China as an even money 50: 50. Nothing here that we did not know, but interesting to have our views confirmed by one of the financial elites.
"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."
"The irony of the many steps taken by the left to advance a totalitarian agenda is that it is they who falsely proclaim that it is Trump and the MAGA movement that are the fascists. It is the left that is actually implementing such vile and anti-American practices against their political enemies and the American people. Recently, former 2016 presidential candidate Hillary Rodham Clinton was once again on the Sunday news shows talking about how Donald Trump would arrest his political enemies, while in reality it is only the Democratic Party and the Biden administration that have put Peter Navarro in prison, may imprison Bannon, and indicted the former President 92 times.
This cannot stand if America is to survive as a constitutional republic. If it does, then the country is on the path to totalitarianism. Totalitarianism does not just show up one day, springing forth fully formed like Athena from the head of Zeus. But it does come quickly, more so than most Americans realize, as the ideology, laws, norms, and culture are eroded by the new revolutionary regime. When they seized power in 1917, the Bolsheviks did not know how far they could push the Russian people, but that was not for lack of intent or for a lack trying. Their ambition was to remake everything—culture, politics, economics, the arts, science, diplomacy, education, values, and thought. Every year, they tightened their grip until they crushed the people in the horrors of Stalinism. It took only twenty years from the time the Bolsheviks came to power to the show trials of mature Stalinism.
Nothing is decided and there will be many ups and downs, twists and turns, and surprises between now and Election Day. The election of 2024 is critical and as important as any in its history. Assuming the election's fidelity—that this assumption must be made is an indication of how close the country is flirting with totalitarianism—it will provide Americans with the clearest choice in our history since the Civil War. When that choice is understood to be one between the continuation of the American Republic or to enter the hell of totalitarianism, the election will spark a renaissance of America's traditional political ideology, institutions, values and culture. This election provides the opportunity to drive a stake through the heart of totalitarianism "with an American face," as Americans, having seen into the abyss, will reject the totalitarian path. A re-birth of the understanding of the value of American citizenship—that spirit of 1776—and of our inalienable and universal freedoms can come from the 2024 election. To ensure that positive outcome will require not only support for President Trump but also extraordinary vigilance by the American people through the election and its aftermath."
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