avatar
qinbafrank
3 days ago
This article is machine translated
Show original

Over the past two days, the conflicts in California arising from the arrest of Latin American immigrants can be seen as the third rupture of American national identity following the "Black Lives Matter (BLM)" movement in mid-2020 and the "Capitol Hill incident" in early 2021. The 2020 BLM movement was a rift between Black and White groups, the early 2021 incident was a rift between MAGA groups and other groups, and this time it is a rift between illegal immigrant groups and other groups (fundamentally a rift between Republican and Democratic bases over the illegal immigration issue). Republican voters are increasingly older white males, traditional conservative white groups who view illegal immigrants as invaders and a violation of American interests. Democratic voters are increasingly highly educated and diverse, acknowledging that as an immigrant country, the United States should accept illegal immigrants. Hedge fund mogul Dalio goes even further, believing this is the eve of a civil war. According to Dalio's summary, the fifth stage is precisely the eve of class conflicts triggered by fiscal deterioration, which is crucial in a country's internal cycle, and the United States is currently at this stage. Dalio summarized the "toxic combination" that triggers major internal conflicts, including: the nation and its people facing financial difficulties (such as massive debt and unfulfilled obligations); significant income, wealth, and value differences within society; and experiencing severe economic shocks. Dalio believes that to avoid a catastrophic collapse, the country must exert effort at the fifth stage, promoting truly effective reforms that benefit everyone, achieving a more equitable distribution of wealth and opportunities, and maintaining social cohesion. Such leadership requires the ability to unite the entire society rather than intensify divisions. Dalio's views may not be entirely correct, but they are worth considering. twitter.com/qinbafrank/status/...

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments