Ray Dalio warns US inequality is steering democracy toward autocracy and a looming debt shock
On 2 September 2025, Ray Dalio, founder of Bridgewater Associates, warned that widening wealth gaps and eroding trust are pushing the United States toward more autocratic governance, while ballooning deficits could trigger a debt-driven crisis within roughly three years. He also said many business leaders are reluctant to publicly challenge Donald Trump’s economic approach. Dalio … Read more