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- Ray Dalio continues to warn that the US economy must contend with a shaky political foundation.
- “It is entirely possible that neither side will accept losing the 2024 election,” Dalio said in a Tuesday post.
- Dalio warned that such a crisis would hurt economic productivity and capital flows.
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Growing divides in the US political landscape are a threat to the US economy, especially as the 2024 election approaches, according to billionaire investor Ray Dalio of Bridgewater Associates.
In a Tuesday post, the founder of the world’s largest hedge fund warned investors that the Republican and Democratic parties are more right-leaning and left-leaning, respectively, than at any time since 1900. “The gap between them is enormous,” Dalio said.
That divide is setting the stage for a “great internal conflict” that could…