Rising inequality is turning US into an autocratic state, billionaire warns
by Phillip Inman from Economics | The Guardian on (#6ZQJ6)
Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economy
One of the world's most prominent hedge fund billionaires has warned that rising inequality is turning the US into an autocratic state and condemned business leaders for failing to speak out against Donald Trump's policies.
Ray Dalio, the founder of Bridgewater Associates, said gaps in wealth" and a collapse in trust were driving more extreme" policies in the US.
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