According to PANews, Ray Dalio, founder of Bridgewater Associates, has expressed concerns about the current state of the United States, suggesting it is nearing a critical phase in what he describes as the 'big cycle' in his work, "The Changing World Order." Dalio identifies the nation as being on the brink of the fifth stage, characterized by economic deterioration and escalating social conflicts, and approaching the sixth stage, which could lead to civil war or systemic collapse.
Dalio highlights a 'toxic combination' of fiscal imbalance, widening wealth disparity, and extreme political polarization as contributing factors to this precarious situation. He emphasizes the need for strong, peaceful leadership to facilitate systemic reconstruction and prevent severe disruptions.