{"id":20399,"date":"2023-04-30T00:37:25","date_gmt":"2023-04-30T00:37:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/billionaire-ray-dalio-warns-us-and-china-on-brink-of-war-beyond-ability-to-talk-us-china-trade-could-collapse-economics-bitcoin-news\/"},"modified":"2023-04-30T00:37:25","modified_gmt":"2023-04-30T00:37:25","slug":"billionaire-ray-dalio-warns-us-and-china-on-brink-of-war-beyond-ability-to-talk-us-china-trade-could-collapse-economics-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/billionaire-ray-dalio-warns-us-and-china-on-brink-of-war-beyond-ability-to-talk-us-china-trade-could-collapse-economics-bitcoin-news\/","title":{"rendered":"Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk \u2014 US-China Trade Could Collapse \u2013 Economics Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are \u201con the brink of war\u201d and \u201care beyond the ability to talk.\u201d The billionaire added that their relations \u201care getting so bad\u201d that U.S.-China trade could collapse. He cautioned that the next 18 months \u201cwill be a very risky period.\u201d<\/strong><\/p>\n

U.S. and China on the Brink of War, Says Dalio<\/h2>\n

Ray Dalio, the founder of the world\u2019s largest asset manager, Bridgewater Associates, warned in a Linkedin post, published Wednesday, that the U.S. and China are on the brink of war. The billionaire, who has visited China for almost 40 years and has built close friendships there, shared his perspectives from his recent 13-day trips to China, as well as from meetings with Chinese citizens, experts on China residing outside the country, and policymakers in other countries, including the U.S.<\/p>\n

Regarding U.S.-China relations, Dalio stressed:<\/p>\n

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The United States and China are on the brink of war and are beyond the ability to talk.<\/p>\n<\/blockquote>\n

He noted that the two nations appear to be \u201cclose to having a sanctions war and\/or military war that neither side wants.\u201d<\/p>\n

Dalio clarified: \u201cI want to emphasize that by saying that they are on the brink, I don\u2019t mean to say that they will necessarily go over the brink. I mean to say that they are very close to crossing red lines that, if crossed, will irrevocably push them over the brink into some type of war that damages these two countries and causes damage to the world order in severe and irrevocable ways \u2014 like Russia\u2019s invasion of Ukraine did for Russia and the world, just much bigger.\u201d<\/p>\n

Next 18 Months \u2018Very Risky\u2019 for China and U.S.<\/h2>\n

The Bridgewater Associates founder cautioned that the next 18 months will be very risky for China and the U.S. Noting that \u201cThe hawkish political influences in the United States will exert more pressure on the relationship over the next 18 months because of the emergence of the 2024 election season,\u201d Dalio opined:<\/p>\n

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That will be a very risky period because China and the U.S. are now already on the brink of war.<\/p>\n<\/blockquote>\n

\u201cThe political timetable of the election cycle between now and the 2024 elections in the United States and Taiwan will likely lead to more push-the-limit anti-Chinese brinksmanship from the U.S.,\u201d he continued.<\/p>\n

The billionaire founder of Bridgewater Associates added:<\/p>\n

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U.S.-China relations are getting so bad that there is reason to worry that anti-China sentiment could make doing business with China like doing business with Russia, which would lead U.S.-China trade to collapse.<\/p>\n<\/blockquote>\n

\u201cThis would have similarly damaging economic consequences, though many times larger, severely hurting supply chains and trade. That would at a minimum cause severe economic consequences for the U.S., China, and the world and at a maximum could lead to military war,\u201d he cautioned. \u201cThese conflicts are affecting most countries\u2019 and multinational companies\u2019 relations and how the world is operating in innumerable ways that are intensifying.\u201d<\/p>\n

Meanwhile, the U.S. Department of Defense revealed this week that it is focused on potential conflict with China. \u201cWe have a clear strategy that\u2019s focused on China,\u201d the deputy secretary of defense told Bloomberg. \u201cOur focus is making sure that the PRC [People\u2019s Republic of China] leadership wakes up every day and says, \u2018Today is not the day to undertake aggression that threatens U.S. interests\u2019 \u2026 That\u2019s our focus today, in 2027, and in 2035 and 2045.\u201d<\/p>\n

What do you think about billionaire Ray Dalio\u2019s warning? Do you think the U.S. and China will go to war? Let us know in the comments section below.<\/strong><\/em><\/p>\n

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\nKevin Helms <\/h6>\n

\nA student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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