Ray Dalio Warns of Collapse of Economic and Political Order Due to High US Debt and Dependence on China

Ray Dalio, founder of Bridgewater Associates, warns of a collapse in the political-economic order due to high US debt and dependence on China. He believes investors are too focused on tariffs and not paying enough attention to the underlying conditions that could lead to significant disruptions. Dalio suggests that correcting these imbalances could fundamentally change the monetary order. He also notes that differences in education, opportunities, productivity, income, wealth, and values could lead to a breakdown of the democratic system and the rise of autocratic leaders.