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Ray Dalio believes that the upcoming 2024 U.S. elections will be critical, stating that the country requires a “strong leader of the middle” to achieve “broad-based prosperity.” In a recent interview with CNBC’s “Squawk Box Asia,” the founder of Bridgewater Associates highlighted the importance of addressing societal challenges and emphasized the need for an orderly transition of power following the election. Dalio expressed concerns about the growing divide between Republicans and Democrats, emphasizing the necessity for moderation and collaboration to enact meaningful reforms and promote broad-based prosperity. While acknowledging positive aspects of American society, such as innovation and education, Dalio stressed the importance of creating a society that offers both stability and opportunity, citing Singapore as a model for achieving this balance.

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