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Billionaire hedge fund manager Ray Dalio warns of rising US inequality, comparing the current political climate to the 1930s and 40s. He believes wealth gaps and declining trust are fueling extremism and weakening democracy, potentially leading to autocratic rule. Dalio criticizes business leaders' silence and expresses concern over increasing US government debt, predicting a debt crisis within three years. He also condemns President Trump's interference with the Federal Reserve and his economic policies, warning of their potential to undermine the dollar's value.

Prepared by Lauren Mitchell and reviewed by editorial team.