World’s largest hedge fund manager ‘rejoices’ over Biden’s inauguration speech, but still believes America is ‘on the brink of a terrible civil war’

In early December, Bridgewater Associates’ billionaire founder Ray Dalio sounded the alarm over class and power struggles tearing the country apart, saying the US was at a tipping point that could range from manageable internal tensions to revolution and / or or civil war. ”

A few weeks and a new president later, and Dalio no longer seems optimistic about the country’s prospects.

“I believe we are on the brink of a terrible civil war,” Dalio wrote. “We are at a turning point between a type of hell of fighting or retreating to work together for peace and prosperity that addresses the great wealth, values ​​and opportunities we now see.”

However, he acknowledged that their numbers were not enough to defeat President Joe Biden’s inauguration last week. “This is in line with the direction history has shown that the country needs to move in,” Dalio said on Twitter.
+ 1.99%
on Sunday.

But will Biden and both parties do their part to facilitate the separation?

“Good words and spirit are not enough,” Dalio added. ‘People will have to agree on how to grow the pie and how to divide it well. This will require revolutionary change. ”

Here is his whole tweet storm:

Dalio, with a reported net worth of $ 18 billion, is the 46th richest man in the world, according to Forbes.

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