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Widening wealth gap in the US could bring on ‘terrible civil war’, billionaire Ray Dalio warns – NEWS.com.au
Widening wealth gap in the US could bring on ‘terrible civil war’, billionaire Ray Dalio warns
Billionaire investor Ray Dalio unleashed a tweetstorm warning that America is on the brink of a terrible civil war because of widening inequality.Mr Dalio, the 71-year-old founder of the giant hedge fund Bridgewater Associates, tweeted on Sunday that he was pleased by Biden’s Inauguration Day rhetoric of unity. But the Wall Street tycoon sounded less optimistic about how quickly and easily the new administration can repair the nation’s economic and political fissures.
“I believe we are on the brink…
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