达利欧警告，特朗普正将美国推向1930年代的治理模式，通过国家干预私营部门体现强势控制欲。华尔街因害怕报复而对此保持沉默。他预 测美国三年内将面临债务危机，巨大财政缺口将迫使大规模发债，国际投资者已开始从美债转向黄金投资。 罕见警告！桥水基金创始人达利欧（Ray Dalio）称，特朗普正将美国推向1930年代的治理模式，而整个华尔街却因为害怕批评后遭报复而 保持沉默。 9月2日，据报道，对冲基金亿万富翁达利欧表示，当前政治和社会形势与1930-40年代全球局势相似，而华尔街投资者因担心遭到报复而对 总统政策保持沉默。 达利欧表示，特朗普对私营部门的国家干预，包括获得英特尔10%股份的决定，体现出"强势专制领导力"的特征。他警告称， 这种做法与 1930-40年代全球出现的政治模式类似，源于"控制金融和经济局势的渴望" 。 这位资深投资者还警告美联储独立性面临威胁。达利欧表示， 政治化的央行将"削弱人们对美联储捍卫货币价值的信心"，国际投资者已开 始从美债转向黄金 。 据报道，尽管华尔街投资者对特朗普政策的私下担忧日益加剧，但很少有知名金融人士公开批评总统。达利欧解释了这种现象背后的原因： "在这种时期，大多数 ...

Group 1: Political and Social Climate - Ray Dalio compares the current political and social climate in the U.S. to that of the 1930s and 1940s, highlighting issues such as wealth disparity, value gap, and a collapse of trust driving the adoption of more extreme policies [1][2] - The Trump administration's intervention in the private sector, particularly the acquisition of a 10% stake in Intel, is seen as a manifestation of "strong authoritarian leadership" driven by a desire to control financial and economic situations [1][2] Group 2: Wall Street's Response - Despite growing concerns among Wall Street investors regarding Trump's policies, few prominent financial figures have publicly criticized the president due to fears of retaliation [2] - Dalio emphasizes that his statements are merely a description of the causal relationships driving the current situation, reflecting the political pressure faced by the financial community [2] Group 3: Federal Reserve Independence - Dalio expresses concerns over the independence of the Federal Reserve, particularly following Trump's dismissal of a Fed governor, which he believes could undermine confidence in the Fed's ability to protect the value of the currency [3] - The political pressure on the Fed may lead to a loss of attractiveness for dollar-denominated debt assets, prompting international investors to shift towards gold [3] Group 4: Debt Crisis Prediction - Dalio predicts that the U.S. will face a debt crisis in approximately three years, driven by a significant fiscal imbalance where annual expenditures of about $7 trillion exceed revenues of $5 trillion [5] - The growing skepticism among investors regarding the reliability of U.S. debt as a store of value is highlighted, with Dalio stating that debt demand is unlikely to keep pace with supply [5] - The Federal Reserve faces a difficult choice between allowing interest rates to rise, risking a debt default crisis, or printing money to purchase unwanted debt, both of which could damage the dollar [5]

Group 1 - Ray Dalio compares the current political and social climate in the U.S. to the global situation of the 1930s and 1940s, highlighting issues such as wealth disparity and a collapse of trust driving extreme policies [1][2] - Dalio emphasizes that Wall Street investors are largely silent about Trump's policies due to fear of retaliation, despite growing private concerns [2][3] - The intervention of the Trump administration in the private sector, particularly the acquisition of a 10% stake in Intel, is seen as a manifestation of "strong authoritarian leadership" [1][2] Group 2 - Concerns about the independence of the Federal Reserve are raised, particularly following Trump's dismissal of a Fed official, which could undermine confidence in the Fed's ability to maintain currency value [3][4] - International investors are reportedly shifting from U.S. Treasury bonds to gold, reflecting worries about the stability of the dollar system [3][4] - Dalio predicts a debt crisis in the U.S. within approximately three years, driven by a significant fiscal imbalance where annual spending is around $7 trillion against $5 trillion in revenue [4]