Dalio Flags US-China ‘Economic Warfare’ Among Top Global Risks
- He worries about debt assets not providing adequate returns
- Investors should diversify across countries, asset classes
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Ray Dalio said internal conflicts will be the “highlight of this year,” particularly on the issue of whether the US election result will be accepted by both parties.
The policies from an administration run by Donald Trump would be very different from a Democratic one, Dalio said during a video speech at the Greenwich Economic Forum in Hong Kong Wednesday. However, on anti-China policies, there’s broad agreement between the two parties.