Billionaire investor warns of threat to democracy

Published On Sep 13, 2024, 5:17 PM

Billionaire investor Ray Dalio has expressed concerns about a potential threat to democracy in the United States ahead of the upcoming election. He fears that the results could lead to significant instability, particularly if Donald Trump, as the Republican candidate, refuses to accept a loss. Dalio also highlighted the trend of Americans migrating between states based on differing political and social values, reminiscent of historical patterns seen in the 1930s to 1940s. He predicts a high probability of internal conflict regardless of the election's outcome, but he refrains from making specific predictions about the election results.

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The potential for political instability, as hinted by Dalio, could lead to increased volatility in the market as investors respond to uncertainty surrounding the election outcome.

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