Ray Dalio emphasizes the necessity of bipartisan leadership and a strong political center in the U.S.
Ray Dalio, founder of Bridgewater, emphasizes the need for a "strong middle" political ground and bipartisan cooperation in the U.S. to address issues such as the wealth gap. Dalio suggests alienating those with extreme political views and bringing together smart moderates to make important reforms. As concerns about wealth inequality grow, the wealthiest 10% of U.S. households hold an average of $7 million, while the bottom 50% have an average of $51,000. With the upcoming presidential election, both parties face questions about their prospective nominees, and Dalio expects the emergence of an alternative candidate to Trump among Republicans. Democrats, on the other hand, face internal divisions and concerns about Biden's age. Dalio believes that addressing the country's differences in values and wealth is crucial for a more productive and peaceful future.