In February, hedge-fund legend Ray Dalio said that civil war was imminent In February, hedge-fund icon Ray Dalio predicted that civil war was coming. George Soros has warned of the possibility of a world conflict. Now , it’s time for the public to be warned.
The month of February was when Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund manager stated that war is approaching.The month of February was when Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund manager stated that war is approaching.
“The U.S. appears to be on a classic path toward some form of civil war,” said the writer in an LinkedIn post. “What is clear when you look at the many cycles of declines and rises of various historical instances is that the mix of:
- Problems with finances caused by insufficient funds that result in huge deficits, tax burdens and a large amount of money printing and high inflation and
- Huge wealth and values gaps where people are more likely to fight for their ideals than to compromise results in some kind of fight for control, not agreeing to guidelines,” Dalio said. This is the definition of “civil war, though these fights can be more or less violent,” Dalio stated.
“The current financial conditions and irreconcilable differences in desires and values are consistent with the ingredients leading to some form of civil war,” Dalio declared.
“We see that these are causing an increase in extremism and populism and conflict among the extreme right and left. This is typical. Both sides are determined to win at any cost and are not willing to accept compromises.”
The Public weighs in
Dalio doesn’t have to be the sole one to think that war could be on the way. According to a survey that was conducted by Economist and the research firm YouGov more than 2 out of 5 (43 percent) of Americans believed that the possibility of a civil war in the coming 10 years.
The survey found that 14% of respondents see it as extremely likely and 29% regard it as a little likely. The survey, conducted between Aug. 20-23 comprised 1500 U.S. citizens.
Due to the divisions between left and right in the United States is no wonder that two-thirds (66 percent) of Americans believe that the divisions between us have grown worse since the beginning of 2021.
The outlook isn’t great also, with 3 out of five (62 percent) anticipating a rise in political tensions, and 60% of people anticipating an increase in violence within the coming years.
Soros Sees a Global Threat
In March another famous hedge fund manager, George Soros, expressed his concern about the possibility that Russian president Vladimir Putin and Chinese President Xi Jinping could spark a world conflict.
After securing the support by Xi, “Putin set about realizing his life’s dream with incredible brutality” by attacking Ukraine, Soros wrote on Project Syndicate.
“Having created an idea fixe, he seems be out of touch with reality. …. Putin appears to be absolutely insane,” Soros said.
“He seems to be acting in a manner that is free of restriction. He’s throwing the whole Russian army into the fight and disregarding all laws of warfare, including by bombing civilians in a rash manner.” populace.”
Our only hope is “that Putin and Xi will be removed from power before they can destroy our civilization.” Soros declared, “Russia’s invasion of Ukraine on February. 24 was the first step of a third world war. …”