American society is in crisis, says the billionaire founder of the world's biggest hedge fund. :
While President Donald Trump is focused on the national emergency he's declared to secure the southern US border, the billionaire founder of the world's biggest hedge fund is more worried about losing the American dream. Capitalism must be reformed because it's not producing enough opportunities for most Americans, creating an income gap that threatens to spark conflict, Ray Dalio, the Bridgewater Associates co-chairman, said in an interview airing Sunday on CBS's 60 Minutes.