The world’s largest hedge fund manager is “delighted” with Biden’s inauguration speech, but still believes the United States is on the “edge of a terrible civil war.”

In early December, Ray Dalio, the billionaire founder of Bridgewater Associates, sounded the alarm about the class and power struggles that are plaguing the country, saying the U.S. “at a turning point in which it could move from manageable internal tension to revolution and / or civil war. “

A few weeks later and a new president later, and Dalio doesn’t seem to be more optimistic about the nation’s prospects for the future.

“I think we are on the brink of a terrible civil war,” Dalio wrote. “We are at a turning point between entering a kind of fighting hell or retiring to work together for peace and prosperity that addresses the great shortcomings of wealth, values ​​and opportunities we now see.”

However, he said he was “excited” by what President Joe Biden said at his inauguration last week. “It is consistent with the direction that history has shown that the country needs to move,” Dalio told TWTR on Twitter.
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But will Biden and both sides do their part to alleviate the split?

“Good words and spirit are not enough,” Dalio added. “People will have to agree on how to grow the cake and how to divide it well. That will require revolutionary change. “

Here it is his whole tweeting storm:

Dalio, with a net worth of $ 18 billion, is the 46th richest man in the world, according to Forbes.

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