Dalio said Democracy might not be around rather than saying Democrats might be around. That difference is not subtle.
His inflationary discussion sounds plausible.... However, this seques into "talking his book" (and I mean his portfolio, not his latest publication)
He's trying to say the safest protection in an inflationary regime is to avoid having money in cash.
Have it in inflation hedges of which he says stocks & index funds are good examples.
This is hard to reconcile with his laying odds of civil war.
If Civil War resulted in severe market downturn then Dalio might struggle to hedge his risk.
University of Michigan: Inflation Expectation is certainly up, but not yet at historic levels, and has settled into a new range for now.
https://fred.stlouisfed.org/series/MICH
Multiple Inflation-Indexed Treasuries yields have gone way down (some negative). So, bond investors want BOTH safe haven and an inflation hedge.
Reminder: bond yields move the inverse direction of prices.
Treasury Inflation-Indexed Securities
https://fred.stlouisfed.org/categories/82
30-Year 3-5/8% Treasury Inflation-Indexed Bond, Due 4/15/2028
https://fred.stlouisfed.org/series/DTP30A28
30-Year 0-3/4% Treasury Inflation-Indexed Bond, Due 2/15/2042
https://fred.stlouisfed.org/series/DTP30F42
20-Year 2-1/2% Treasury Inflation-Indexed Bond, Due 1/15/2029
https://fred.stlouisfed.org/series/DTP20J29
All standard disclaimers apply, and then some.