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Billionaire Hedge Foundation Investor Ray Dalio, the author of the new book ‘how the countries went’, President Trump’s trade policy and the value of the US dollar.
The billionaire hedging fund manager Ray Dalio, especially when it comes to Chinese and America, reveals and breaks the latest economic concerns in a new Fox news interview.
Talk to Brian Kilmeade “FOX & Friends” Wednesday, Dalio warned that China would not give up on any time contest.
“They also develop technology and improve fast. So you can’t take off and think that they will not have a force for the near future. Dalio said.
“We have difficulties in both of us and there will be a great conflict. This is the nature of the animal.”
The billionaire hedging fund manager warns that tariffs can cause worse than the decline ‘
The founder of the Bridgewater Associates reacted to the final report from the Washington post Pointed that Beijing is New spending rules for the Chinese government officials called on the “fragile life” with economic headlines to give a “fragile life.”
Bridgewater Associates founder and billionaire Ray Dalio met on Wednesday “Fox & Friends” co-chair Brian Kilmeade. (Fox News)
China and President Donald Trump recently reached new trade agreements, and both countries reduced tariffs to each other by 115%. Reconstruction of Trump’s global trade relations is something that is “happening” according to Dalio.
“This should happen for several reasons. First, this is one of the reasons we enter our debt, but it can also contribute to tax revenues,” he said.
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“These unbalities are not sustainable,” Dalio continued. “They are not only more competitive in debt issue and trade issue, but are not sustainable because you are a security situation. How can you depend on imports from China?
Dalio also raised concerns about America’s rising deficiency, adding that “worried” The state of US dollar Like the world’s backup currency.
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Bridgewater Associates founder Dalio’s US debt situation ‘Cavuto: The coast of the shore is analyzed.
“When the debt is too much, it should be sold and there is enough buyer for this debt,” he warned the billionaire. “And when it happens, the interest rates come up and bad things happen as the economy falls down.”
Dalio, who confirmed the investment in gold and cryptocourrence, should have been a means of wealth and a (store) of money.
