Ray Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire

Bridgewater Associates founder Ray Dalio published a dire warning Monday: the conflict between the United States, Israel, and Iran will be a decisive confrontation over the Strait of Hormuz, and the outcome will determine far more than the price of oil. It will determine whether the American-led global order survives.