
Navigating Asymmetric Risks in Unstable Times: Insights from Ray Dalio’s Big Cycle Framework
In "We Will Soon Find Out," Ray Dalio explores what he sees as a pivotal moment in the U.S.'s political and social trajectory, which he frames through his theory of the "Big Cycle." According to Dalio, the country is in "Stage 5" of this cycle, where internal divisions and systemic stresses are high, and he suggests we are on the cusp of "Stage 6," a period he associates with civil war or intense societal upheaval.