Ray Dalio warns we could be “on the brink of a civil war”

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Ray Dalio warns we could be “on the brink of a civil war”

While Biden’s inaugural address and call for unity strives for a non-violent path forward that will benefit all Americans, the US is still suffering from the coronavirus pandemic and economic fallout, income inequality, political divides and massive government debt and Ray believes that if these factors are not properly addressed the country could be on the brink of a civil war, which he has been predicting for a while in his Changing World Order study that he has been releasing in installments on LinkedIn. The installments, which look at what causes world powers to rise and fall, can be found here.

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Q4 2020 hedge fund letters, conferences and more

The Path Forward For The U.S.

Back in February, I said I wanted a president who could “bring together our country to face our challenges in a more united and less divisive way.” I wanted someone who would unite people – i.e. who does not view themselves as the leader of the winning side imposing policies the other side would find intolerable. I believe we are on the brink of a terrible civil war (as I described in The Changing World Order series), where we are at an inflection point between entering a type of hell of fighting or pulling back to work together for peace and prosperity that addresses the big wealth, values, and opportunity gaps we’re now seeing.

Fund Manager Profile: Zhang Hui Of China’s Southern Asset Management

investHistorically, the Chinese market has been relatively isolated from international investors, but much is changing there now, making China virtually impossible for the diversified investor to ignore. Earlier this year, CNBC pointed to signs that Chinese regulators may start easing up on their scrutiny of companies after months of clamping down on tech firms. That Read More

For that reason I was thrilled to hear what President Biden said at his inauguration. It is consistent with the direction history has shown the country needs to move in. Now the question is whether the president and both parties will bring that about. Good words and spirit aren’t enough. People will have to agree on both how to grow the pie and how to divide it well. That will require revolutionary change. Doing it peacefully requires both bipartisanship and skill. It won’t be easy. Our country is still in a terrible financial state and terribly divided. I will monitor how those good intentions are turning into good actions and keep you posted.

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)www.valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
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