US hedge fund billionaire Ray Dalio expressed concerns about escalating conflicts involving the US, Israel, and Iran, suggesting they could signal the beginnings of a world war. Dalio highlighted a historical pattern he termed the “Big Cycle,” indicating that the world is currently at step 9, with potential for three more steps leading to a global conflict.
Dalio predicted that internal pressures within countries would intensify, demanding unwavering support for leadership and suppressing dissent against war and other policies. He further outlined the progression towards direct military confrontations among major powers, accompanied by significant economic measures like tax hikes, debt accumulation, and financial controls to fund wars.
Noting current geopolitical tensions in regions like Russia-Ukraine-Europe-US, Israel-Gaza-Lebanon-Syria, and Yemen-Sudan-Saudi Arabia-UAE, Dalio drew parallels to historical world wars involving major powers, alliances, and trade disputes. He emphasized the importance of observing global alliances, such as China-Russia and Iran, in shaping future scenarios, especially in contrast to the US alignment with Europe, Israel, Japan, Australia, and Gulf nations.
