In Part 2 of this two-part series, Bridgewater founder and CIO mentor Ray Dalio sat down with Daily Observations editor Jim Haskel to discuss the third force in his five big forces framework: the international world order. Ray starts by talking though the US-China great power rivalry, the current state of the conflict, and the questions it raises for the global economy. He also shares his thoughts on China’s domestic economy, the challenges facing Chinese policy makers, and the rising prominence of India-which is an increasingly important geopolitical player.
In Part 1, Ray describes his five big forces framework and uses it to explain the risks to investors at this stage in the long-term debt cycle and the growing threats to the domestic political order. Listen here: • Ray Dalio on the Great...
Recorded September 8, 2023