Ray Dalio: McCarthy ouster 'another step away from democracy and toward civil war'

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William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.

“‘While I sympathize with those who worry about the increasing growth in debt, I am even more concerned about who has what powers and the choices that are being made to fight rather than to cooperate across party lines and view this development as another step away from democracy and toward civil war.’”

In a LinkedIn post, Dalio argued that the incident shows the parties are locked in what each side sees as a zero-sum battle:

 

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