The billionaire founder of Bridgewater Associates addressed the Caixin Summit on Saturday and largely echoed comments made last month, when he said he was staying ‘tactical’ on Chinese investments when many had fled.
The U.S. by contrast has reached the end of a long-term debt cycle when interest rates hit 0%, its wealth and income gaps are the largest since the 1930s and political polarization is the most extreme since 1900, he told the conference Saturday.Related: Why billionaire investor Ray Dalio hates cash and bonds, and says the election won’t change his view on the economy
Yes，all thx to Obama and Biden.
The US technology cannot cope with international competition anymore.
Money never lies. Around 50% of ipos are in China. The manufacturing capability of China is four times that of the USA. Trump administration is imposing sanctions on China. The trade deficit has widened significantly. In ten years, the export to China will be grains only.
This is a wrong conclusion.
thanks for this news
Moydogg
Yeah I always invest in Communism 🙃
Imagine how farmers and small businesses would have benefitted without Trump/Navarro's senseless trade war.
So we’re about to correct again. “Cash is trash” -Ray Dalio January 2020
Ray Dalio is heavily invested in Communist China. He loves Chinese Yuan more than America. Greed is good.
MK.
rafaelbboa dinheiro vai pra onde?
You guys are hoping for pre trump days again lol.