Billionaire investor Ray Dalio says the US-led post-WWII world order has “officially broken down,” citing warnings voiced at the Munich Security Conference. Referencing comments from European leaders, Dalio argues the global system is entering a dangerous “breakdown phase” where “might makes right.” In his “Big Cycle” theory, he warns the world is nearing the “brink of wars” and a potential “capital war” driven by debt, inequality and geopolitical rivalry. Is a new multipolar world order already taking shape?
'World order has officially broken down': Dalio's Dalio’s stark warning, 'might is right' era begins
