A 30% probability of devolving into stage six, civil war type dynamic on the next in the next ten years. People recognizing differences in values and circumstances moving to other places. High income states with large wealth gaps tend to be more a redistributive type of state. And you see signs of conflict even on dealing with who will obey what rules.
History, in the eyes of legendary investor Ray Dalio, is a perpetual motion machine. Nations rise and fall according to an inevitable cycle where peace and prosperity are always followed by depression and war. And in his new book, “Principles for Dealing with the Changing World Order,” Ray says the United States is now in the downward part of that cycle.
Next Big Idea Club: Get 20% off an express membership when you use the code PODCAST20 at www.nextbigideaclub.com