Dezember 6, 2023

US & China On Brink of War: Billionaire Ray Dalio Warns of Trade Collapse

Summary of the Article:

  • Billionaire Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.”
  • Dalio cautioned that the next 18 months “will be a very risky period” and there is reason to worry that U.S.-China trade could collapse.
  • The billionaire founder of Bridgewater Associates added that hawkish political influences in the United States will push against China, leading to more brinksmanship from the US.

Ray Dalio Warns of War between US and China

Billionaire Ray Dalio, founder of world’s largest asset manager Bridgewater Associates, has warned that the US and China are „on the brink of war“ and „are beyond the ability to talk“. The billionaire added that their relations „are getting so bad“ that U.S.-China trade could collapse. He cautioned that the next 18 months „will be a very risky period.“

US-China Relations On Brink Of War

Dalio stated in a Linkedin post published Wednesday, that relations between US and China have deteriorated so much they appear close to having a sanctions war or military war neither side wants. He emphasized by saying they are on brink does not mean they will necessarily go over it but if red lines are crossed it will irrevocably push them over into some type of war which will damage these two countries as well as cause damage to world order in severe and irrevocable ways like Russia’s invasion of Ukraine did for Russia and world, just much bigger.

Risky Period Ahead For US And China

The Bridgewater Associates founder further cautionedthat next 18 months will be very risky for both countries due to emergence of 2024 election season which will likely lead to more push-the-limit anti-Chinese brinksmanship from USA. This could result in pushing already strained relations even further apart with potential for damaging consequences both economically as well as militarily.

Potential Collapse Of US-China Trade

U.S.-China relations have deteriorated significantly resulting in potential collapse of U . S . – C h i n a t r a d e . T h i s w o u l d b e extremely damaging for both countries economies as well as global economy at large with ripple effects being felt globally . It is important for cooler heads in both countries governments prevail going forward so this economic disaster can be avoided .

In conclusion , billionaire Ray Dalio has warned about serious danger posed by continued deterioration in relations between USA and China with potential for conflict escalating beyond point where dialogue would make any difference . Next 18 months will be critical period during which tensions may reach breaking point requiring action from authorities in both countries before situation spirals out of control resulting in devastating consequences not only for those two nations but also global economy at large .