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Unpacking Ray Dalio’s Alarmist Prediction of Civil War
American Greatness ^ | 18 May, 2024 | Stephen Soukup

Posted on 05/18/2024 6:48:58 AM PDT by MtnClimber

Every time the Ray Dalios of the world open their mouths on the risks that the great unwashed masses pose to “Our Democracy™,” they make the idea of a political separation sound far more agreeable.

The other day, Ray Dalio, the billionaire investor and founder of Bridgewater Associates, told The Financial Times that he sees the risk of a second American civil war as “growing” and places the odds of such a war at “35-40 percent.” According to FT, Dalio’s “research” has led him to conclude that “we are now on the brink,” although we “don’t yet know if we will cross over into much more turbulent times.”

On the one hand, it’s important to remember that Dalio is nearly universally known as a world-class crank. He’s made a lot of money in the markets and has long been considered an astute investor, but he has also long been considered an odd duck, to put it gently. Additionally, the idea that this proclamation and setting of odds are based on “research” is silly. There are no variables one can examine and analyze and then use to calculate an objective estimate of a civil war’s occurrence. To pretend otherwise is… well… perfectly Dalio-esque.

On the other hand, Dalio is hardly alone in his belief that tough times are imminent. Virtually the entirety of the ruling class seems to believe that the zeitgeist of the moment is characterized by anger, hatred, and the expectation of confrontation between political adversaries. Hollywood is busy making movies about a potential Civil War. Political magazines are warning that totalitarianism looms just over the electoral horizon. And even the President of the United States is releasing videos that sound more like pre-fight smack talk than political posturing. In short, Ray Dalio is hardly the first major public figure to express his fear/hope that the nation is “on the brink.”

Ironically, the part of this story Dalio and his fellow elites are missing is that in which they’re the cause of the turmoil that currently plagues the United States, or, at the very least, are exacerbating that turmoil and aggravating the people’s frustrations.

Consider, for example, the description Dalio gives of one of the primary causes of this possible civil war:

This election would be a test of ‘can democracy work well? Will there be an acceptance of the rules and an ability to work well under those rules?’ he said.

[Republican candidate Donald] Trump will follow more rightist, nationalistic, isolationist, protectionist, non-regulatory policies — and more aggressive policies to fight enemies internally and externally, including political enemies. [President Joe] Biden, and even more so the Democratic party without Biden, will be more the opposite….

Ah, I see. It’s all Donald Trump’s fault. Strangely, Dalio doesn’t address the almost inarguable fact that Donald Trump is a symptom of this nation’s political dysfunction rather than the cause of it. Whatever one thinks of Trump—good, bad, indifferent—he and his political movement did not emerge fully formed, as if Athena springing forth from the forehead of Zeus. They were the result of decades of political malpractice by both parties, decades of betrayal and decades of self-dealing.

Likewise, Donald Trump remains popular today because both parties, as a whole, remain indifferent to the plight of the country class and are concerned almost exclusively with the needs and wants of Washington and its allies. Billionaire Ray Dalio may think that the people are revolting, but that is, in large part, the fault of the Washington uni-party and its disregard for the people’s interests.

Dalio also describes the form that the civil war he so fears might take: “The civil war Dalio imagines was not necessarily one in which people ‘grab guns and start shooting’, although such a scenario was possible, he said.” Rather, the civil war Dalio envisions would involve “people mov[ing] to different states that are more aligned with what they want and they don’t follow the decisions of federal authorities of the opposite political persuasion.”

To be clear, I don’t think that consistently disregarding the actions and decisions of the federal government is something that we, as a nation, should encourage, much less tolerate. At the same time, there’s a term for what Dalio describes. It’s called “federalism,” and it was precisely what the Founding Fathers had in mind almost 250 years ago.

It is worth remembering here that when the Founders debated the Constitution, two primary factions fought over the particulars. The Federalists—James Madsion, Alexander Hamilton, and John Jay, in particular—sat on one side of the question, while the anti-federalists—Patrick Henry, James Monroe, Samuel Adams, George Mason, and a host of others—sat on the other. The anti-federalists were opposed to the Constitution not because they disapproved of its weak federal government and demanded something stronger, something more like what we have today, but because they disapproved of a federal government at all. In other words, the vision Dalio now derides and implies is the precursor to civil war was, in fact, the most radically centralized of the forms of government considered by the Founders.

Dalio’s problem with such a vision of government is undoubtedly closely akin to the problem that much of the ruling class today has with that vision: he wants the people to think and behave as he wants them to, in alignment with his “values.” He finds their insistence on thinking for themselves and behaving accordingly irritating and inefficient.

Roughly two years ago, Victor Davis Hanson penned an essay accusing factions of “the left” of engaging in what he called “civil war porn.” Some on the left fantasized, he argued, about how the country’s majority white right-wing rabble were intent on harming minorities, destroying democracy, and engaging in violence against their enemies. Such fantasies gave them the opportunity to engage in moral grandstanding. They saw themselves as the heroes of the story, noble warriors who would sacrifice everything to save all that is right and good in the world.

Today, that “civil war porn” is the purview of much of the ruling class, people like Ray Dalio, who cosplay as the self-righteously indignant and “rational” grown-ups in the room. They warn that the evil ones, the naughty children, are plotting against the nation, planning a fascist takeover of the government or even secession from the Union.

Again, the irony is that in doing so, in prattling on about the risks that the great unwashed masses pose to “Our Democracy™,” the Ray Dalios of the world make it all the more likely. Every time they open their mouths on the subject, they make the idea of a political separation that would liberate the masses from those who deride and hate them sound far more agreeable.


TOPICS: Society
KEYWORDS: cwii; dalio; marxism; separation
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To: MtnClimber

If the next election is blatantly stolen, what other recourse is available?


21 posted on 05/18/2024 8:43:52 AM PDT by glorgau
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To: Nervous Tick

Yep. Undo what Lincoln did. Decentralize power. Put the Federal government firmly back in the box the Founding Fathers had it in with its power firmly limited and checked by the states.


22 posted on 05/18/2024 9:11:26 AM PDT by FLT-bird
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To: MtnClimber
They don’t follow the decisions of federal authorities of the opposite political persuasion.

And who pray tell opened that Pandora's box. It was the left with amnesty and sanctuary city polices with the full support of the deep state. They simply said, "We know the federal law and are simply going to ignore it".

Now the red states have have gotten the memo and are refusing to enforce federal gun laws, federal election interference, federal medical and education mandates and a host of other imperial executive orders.

You idiots started it because you never consider the consequences of your stupid policies.

23 posted on 05/18/2024 9:14:33 AM PDT by usurper (AI was born with a birth defect.)
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To: FLT-bird

Does anybody see the furrys, the trannies, the chicks with two moms or the fat blue haired White chicks on college campuses who whine about everything being willing or able to take up arms to impose their rule on the red states?
***********
No, but I do see the Lefties calling on their ‘shock troops’, namely the ‘sons of Obama’ in the ‘hood and the MS-13 wannabes who hate Whites to start riots and random shootings...among other things.


24 posted on 05/18/2024 9:22:46 AM PDT by hoagy62 (Evil won...again.)
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To: MtnClimber

Civil War: when people rebel against being ruled by our current elites


25 posted on 05/18/2024 9:44:21 AM PDT by SauronOfMordor (Either you will rule. Or you will be ruled. There is no other choice.)
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To: SauronOfMordor
Civil War: when people rebel against being ruled by our current elites pedophiles and criminals.

Fixed it.

26 posted on 05/18/2024 10:56:33 AM PDT by MtnClimber (For photos of scenery and wildlife, click on my screen name for my FR home page. More photos added.)
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To: ABStrauss
elections?..free and fair elections?....the American sheeple are a stupid lot but most elections are fraud....the end result is to have one party....rats...controlling everything....these "elections"are just a cover....

I'm not sure what can be done....

but we did this to ourselves...

porn...weed...promiscuity...no marriage..sports addictions..abortion...birth control....NO CONSEQUENCES AND NO RESPONSIBILITY...

some one said "democracy is ended when the people find out they can vote themselves more benefits"....and it has happened...

27 posted on 05/18/2024 11:05:47 AM PDT by cherry
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To: GrumpyOldGuy

We’ve been in a cultural civil war since Obama.


28 posted on 05/18/2024 11:05:52 AM PDT by nikos1121
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To: nikos1121

It started long before Obama.


29 posted on 05/18/2024 11:06:22 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Theophilus

“Uhhh, i dunno if i can stop chillin to Netflix long enough to chamber a round.”

****************

There you have it. There’s not going to be any kind of CW because the vast majority of sheeple are simply too distracted, too comfortable and too apathetic to rise up.


30 posted on 05/18/2024 11:09:55 AM PDT by Starboard
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To: hoagy62

Maybe it take a few more A-listers getting sucker-punched in NYC or having their homes invaded in California before the elites wise up.


31 posted on 05/18/2024 12:21:31 PM PDT by JimmyTheFish
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To: CIB-173RDABN

After the Civil War, the Federal Government started to pattern itself after the Ottoman and Imperial Chinese Empires, complete with byzantine rules and an entrenched and unaccountable bureaucracy.

Anymore, the president is a figurehead like the Chinese emperor of old. That’s why they hate Trump. He refused to be a puppet.


32 posted on 05/18/2024 12:44:25 PM PDT by In_Iowa_not_from
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To: hoagy62

“No, but I do see the Lefties calling on their ‘shock troops’, namely the ‘sons of Obama’ in the ‘hood and the MS-13 wannabes who hate Whites to start riots and random shootings...among other things.”

Sorry, been tried and failed. The Mexicans and blacks declared a race war 20 years ago in LA County, and Mexicans won and are now the largest demographic in LA County. Obama’s so-called “army” was destroyed.

Ditto in Chicago. Mayor Groot sent her BLM thugs into Cicero to attack Mexican neighborhoods and businesses. Mexicans set up armed barricades and chased the BLM thugs back to their Chicago ghetto.


33 posted on 05/18/2024 2:39:12 PM PDT by sergeantdave (AI training involves stealing content from creators and not paying them a penny)
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To: sergeantdave

Oh...I wasn’t aware of that. Thanks for the correction.


34 posted on 05/18/2024 4:18:32 PM PDT by hoagy62 (Evil won...again.)
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To: cherry

Good points!

The pigs will vote for the one controlling the slop bucket.


35 posted on 05/19/2024 8:39:19 AM PDT by ABStrauss (I miss Rush! )
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To: MtnClimber

My guess is food riots, to be followed by government dispensaries thereof (all these mega-warehouses that are being built all over the place)


36 posted on 05/19/2024 8:43:06 AM PDT by P.O.E. (Pray for America.)
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To: Starboard

Amen


37 posted on 05/19/2024 4:28:14 PM PDT by Theophilus (covfefe)
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