2023-04-27 02:29:38
hedge fundBridgewater Associates founder Ray Dalio said the U.S. and China were on the brink of war and that the situation would get worse as the U.S. headed into the 2024 presidential election.
Mr. DarioPosting on LinkedIn“As we enter the 2024 election season, the hawkish political influence of the United States is expected to put even greater pressure on bilateral relations in the next 18 months,” he said, adding, “Because China and the United States are already on the brink of war. “It’s going to be a very dangerous time,” he said.
Mr Ray Dalio
Photographer:Al Drago/Bloomberg
War is not inevitable, but many ‘red lines’ are being pushed up by ‘brinkmanship’, such as the Taiwan issue, China’s response to Russia, and the US move to cut off China’s access to all-important semiconductors. It will be possible, he analyzed.
“Each of them is dangerous, and when you put them together, you have a lot of risks,” he said. Taiwan’s presidential election will be held in January 2024, 10 months before the US presidential election.
“Both sides have made it very clear that they recognize that both economic decoupling and military confrontation would be disastrous, while testing each other’s limits,” Dalio said. bottom.
news-rsf-original-reference paywall">Original title: Dalio Warns US-China Relationship Is in ‘Very Risky Period’ (excerpt)
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