Ray Dalio Warns of Ongoing Global Conflicts Reshaping World Order
Ray Dalio, founder of Bridgewater Associates, has expressed concerns about the current global geopolitical landscape, describing it as the early stages of a world war. In a recent LinkedIn post, Dalio highlighted various conflicts, including those in Ukraine, Gaza, and Iran, as well as tensions between the U.S. and China over Taiwan. He warned that the odds of at least one major conflict occurring in the next five years are greater than 50%. Dalio emphasized that the Iran conflict, particularly the fight for control over the Strait of Hormuz, has significant global repercussions. He also noted that the world is shifting from a rules-based order led by the U.S. to a 'might-is-right' order without a single dominant power, which could lead to more conflicts.