Bridgewater founder Ray Dalio: The United States is currently in the fifth phase of the 'big cycle', approaching the critical point of civil war

Bridgewater founder Ray Dalio pointed out in an article that the United States is currently in the fifth stage of the "Big Cycle" defined in its "Changing World Order" - the eve of economic deterioration and intensified social conflict, and is approaching the sixth stage, which is civil war or system collapse. Dario warns that fiscal imbalances, wealth inequality, and extreme politics are collectively forming a "toxic combination" that requires strong peaceful leaders to promote system reconstruction to avoid severe disruptions.