I’m not the doomsday reporter at Barron’s, despite appearances. Last week, I shared a conversation with former Google CEO Eric Schmidt about artificial intelligence and the risk of a robo-nuclear attack. I didn’t know whether to duck and cover or initiate emergency pants-wetting protocols.
Now, hedge fund giant Ray Dalio tells me that an inflationary spiral will sink cash and Treasuries; that there’s a 30% chance of a U.S. “civil war” in the next decade; and that there’s also a 30% chance of a military conflict between the…
