Legendary billionaire investor Ray Dalio has issued a stark warning about the future of the United States and the United Kingdom, stating he is not optimistic about either nation’s trajectory and believes “we’re heading into very, very dark times.” Drawing on his own proprietary study of 500 years of history, the founder of the world’s largest hedge fund, Bridgewater Associates, points to a predictable 80-year cycle that suggests an era of significant global and internal strife is upon us.
Dalio’s framework is built on five major forces that drive history in cycles: a money and debt force, internal conflict, geopolitical conflict, acts of nature, and human inventiveness, particularly technology. He argues that both the U.S. and the U.K. are exhibiting clear symptoms of a cycle nearing a dangerous phase.
