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Rising inequality is turning US into an autocratic state, billionaire warns

Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economyOne 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. Continue reading...

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