Billionaire Investor Warns of Threat to Democracy

3 months ago 17

A billionaire investor who predicted the global financial crisis has warned that the US election risks tipping the world’s biggest economy into serious disorder.

The investor, Ray Dalio said his biggest fear was for democracy, no matter who wins on November 4.

The BBC says Dalio founded the world’s largest hedge fund and is closely-watched by other investors for his stock-picks.

He says there’s a possibility that the loser, particularly if it’s the Republicans and Donald Trump, might not accept losing and you have a situation where it’s a win-at-all-cost by both the left and the right, so neither side can compromise.

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