Bridgewater Founder Ray Dalio Warns 2024 U.S. Election May Threaten Stability, Calls for Moderate Leadership and 'Broad-Based Prosperity'

Ray Dalio told CNBC that the 2024 U.S. elections will be the most consequential of his lifetime, citing the growing polarization between Republicans and Democrats. The founder of Bridgewater Associates called for a strong, centrist leader and urged collaboration between moderates from both parties to create “broad-based prosperity” in America. He warned that the possibility of disputed election results could undermine the U.S.'s ability to maintain an orderly transition of power. He referenced Singapore’s model of public housing and education as examples of creating societal order and opportunity.