“ Billionaire hedge fund manager Ray Dalio, founder of Bridgewater Associates, has warned that the United States under Donald Trump is heading towards an authoritarian model similar to that of the 1930s. Dalio pointed out that factors such as wealth disparity, value divisions, and a loss of trust are pushing the country towards extreme policies.
In an interview with the Financial Times, Dalio explained that government intervention in the private sector, such as Trump's decision to acquire a 10% stake in chipmaker Intel, represents a type of strong autocratic leadership aimed at controlling financial and economic affairs. He added that few prominent financial figures dare to publicly criticize Trump for fear of retaliation.“ markets.com - Ray dalio warns US heading towards style authoritarianism en EU