29-03-2024, 05:38 PM
https://www.businessinsider.com/ray-dalio-china-commentary-economic-geopolitical-macro-outlook-climate-storm-2024-3
- There are five major trends that have China headed for a "100-year storm," according to billionaire investor Ray Dalio.
- They include a big debt problem, a growing internal wealth gap, and increasingly fraught foreign relations with the US.
- "The circumstances and the mood in China have indisputably changed to become more threatening," Dalio said in a LinkedIn post.