Billionaire investment guru Ray Dalio warns of a looming 'capital war' between the US and China

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

'There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war,' the billionaire said on Thursday.

Ray Dalio is warning that the current trade war between the US and China could spiral into a capital war. "There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war," Dalio said on Thursday."How that is approached is going to determine our futures." US lawmakers have pushed to stem the flow of funds going from the US to China. View Business Insider's homepage for more stories.

Ray Dalio is warning that the current trade war between the US and China could spiral into a capital war. "There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war," Dalio said on Thursday."How that is approached is going to determine our futures." US lawmakers have pushed to stem the flow of funds going from the US to China. View Business Insider's homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines