Investor Ray Dalio Warns US UK Face Major Turmoil

Billionaire investor Ray Dalio warns of "very, very dark times" ahead for the United States and the United Kingdom, citing unsustainable debt, deep internal political divisions, and escalating geopolitical conflicts as key drivers. He draws on a study of 500 years of history and a predictable 80-year cycle indicating that global and internal turmoil is imminent. Dalio highlights the UK's financial struggles, flat productivity, and lack of innovation culture, while emphasizing the US faces severe debt issues, polarized politics, and a critical technological rivalry with China that could determine future global dominance. He cautions that democracy in the US is at risk due to these internal conflicts and economic pressures. To navigate this uncertainty, Dalio advises individuals to maintain financial and geographical flexibility, advocating diversification beyond traditional investments and liquidity to adapt to changing conditions. His overall outlook is pessimistic, urging preparation for significant economic and geopolitical challenges ahead.