Billionaire Hedge Fund Manager Says Theres About to be an Uprising in America
Wealth gap, stagnant wages to bring about revolution
Billionaire hedge fund manager Ray Dalio says that a revolution is coming in America because wages have stagnated and the income gap between the rich and poor is wider than ever.
Dalio, who is worth almost $17 billion dollars, warns that, Widening income/wealth/opportunity gaps pose existential threats to the United States because these gaps are bringing about damaging domestic and international conflicts and weakening Americas condition.
The Bridgewater Associates founder says that those who grew up middle class are earning less than their parents because wage growth compared to inflation has been stagnant since the 1980s.
Disparity in wealth, especially when accompanied by disparity in values, leads to increasing conflict and, in the government, that manifests itself in the form of populism of the left and populism of the right and often in revolutions of one sort or another, Dalio writes.
Noting that the next economic downturn will cause this gulf to become painfully apparent, Dalio says the wealth gap should be treated as a national emergency and that the whole economic system needs to be re-engineered.
Numerous studies have shown that wealth inequality inevitably leads to civil unrest, so Dalios prediction is by no means an unlikely scenario.
Alex Jones breaks down how theglobalists are attempting to collapse civilizationwithin the next six months by intensifying their migrant fueled destabilization of the west alongside the chemical castration of the population by targeting food, water, and air with toxic pollutants worldwide. Their goal is to cull the population down to an easily manipulated / controlled few under their technocracy.
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