(StraightNews.org) – A billionaire hedge fund manager said there is a strong chance the United States will descend into civil war. Ray Dalio, the 74-year-old founder of Bridgewater Associates, told a reporter that the US is “on the brink” but acknowledged a modern civil war may not involve guns and violence but the mass movement of people to states that align with their values and subsequent disregard of federal authority.
Mr. Dalio furthermore contends that the Presidential election of 2024 is the most consequential in living memory. Dalio would not say if he supports Trump or Biden but did mention that she would have his backing should musician Taylor Swift ever decide to run for office. Furthermore, he advised American investors to move assets overseas due to burgeoning US debts. He recommended investing in countries with low debt levels and minimal vulnerability to international conflict.
The billionaire is not alone in his fears of a second US civil war. In 2022, a poll by the Economist and YouGov found that 43% of Americans think it is a possibility – including 55% of Republicans and 40% of Democrats. Only 35% said they do not believe internal conflict is likely, the survey found.
Amy Cooter, director of research at the Center on Terrorism, Extremism and Counterterrorism at the Middlebury Institute of International Studies, said that while she does not feel that war is imminent, there are people who would like to see that scenario unfold. Cooter added that many Americans believe the past was better than the modern-day United States and sought to “try to move us back.”
A 2024 movie, Civil War, depicts an America at war with itself and a President who has declared himself in power for a third term. In the film, the US has separated into four major factions: the Loyalist States, the Florida Alliance, the New People’s Army, and the Western Forces. The movie received critical praise for depicting political polarisation in the modern United States.
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