# Post-election political estrangement has landed U.S. at ‘tipping point,’ warns world’s biggest hedge-fund manager
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Post-election political estrangement has landed U.S. at ‘tipping point,’ warns world’s biggest hedge-fund manager
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‘The lessons and warnings of history are clear if one looks for them’
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‘The United States is at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.’
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That’s Ray Dalio, the billionaire founder of Bridgewater Associates, sounding the alarm in his latest LinkedIn post on the class and power struggles that are tearing the country apart.
“People and politicians are now at each other’s throats to a degree greater than at any time in my 71 years,” he wrote. “How the U.S. handles its disorder will have profound implications for Americans, others around the world, and most economies and markets.”
“[America] is in this stage when there are bad financial conditions and intensifying conflict,” Dalio wrote. “Classically this stage comes after periods of great excesses in spending and debt and the widening of wealth and political gaps and before there are revolutions and civil wars.”
While the outcome isn’t inevitable, Dalio said that America, perhaps more than ever before, needs to “understand the full range of possibilities” by taking a hard look at its past
“The lessons and warnings of history are clear if one looks for them,” he wrote. “Most people don’t look for them because most people learn from their experiences and a single lifetime is too short to give them those lessons and warnings that they need.”
Read on: Billionaire investor Ray Dalio on capitalism’s crisis: The world is going to change ‘in shocking ways’ in the next five years
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