Oddbean

Dalio warns of US-China ‘economic warfare’ among top global risks ========== Ray Dalio warns that internal conflicts, particularly regarding the acceptance of the US election result, will be a highlight of this year. He highlights the risk of economic sanctions between the US and China, which would be detrimental to the world. Dalio believes that economic warfare often precedes military warfare and raises concerns about the one-China policy and the potential negative consequences for American investors in China. He suggests effective diversification in investments across countries, currencies, and asset classes. Dalio prefers equity assets over debt and recommends including gold in investors' portfolios. He also mentions the attractiveness of Chinese assets and the potential for neutral countries to fare better in a war. Dalio emphasizes the need for diversification and paying attention to quantity. #RayDalio #UsElection #EconomicSanctions #China #Diversification #EquityAssets #Debt #Gold #OnechinaPolicy https://theedgemalaysia.com/node/714256