Ray Dalio Warns World Is in “Stage 6” of the Big Cycle

[nihalsari]

Billionaire investor Ray Dalio says the post-WWII global order is breaking down and the world has entered what he calls Stage 6 of the “Big Cycle.” In this stage, he explains, there is great disorder, no clear rules, and a clash of major powers.

Dalio highlights economic, trade, technology, capital, and geopolitical tensions as precursors to potential military conflict, drawing parallels to the 1930s before World War II. He specifically sees the US-China rivalry over Taiwan as a flashpoint, where both sides face high stakes with costly choices.

Dalio’s warning isn’t a sudden prediction but part of a long-term thesis about power transitions and systemic risk.