Will The US Dollar COLLAPSE? - China & Russia Declaring ECONOMIC WAR On America | Ray Dalio
June 17, 2023
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17:37Now PlayingWill The US Dollar COLLAPSE? - China & Russia Declaring ECONOMIC WAR On America | Ray Dalio
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Check out the full interview I did with Ray Dalio right here!
Ray Dalio has built billion-dollar type success putting his money at stake . He built the world’s largest hedge fund, Bridgewater, from being right about his predictions so many times on how the markets and global economy would play out, and now he’s drawing from his decades of experience and research to explain what is happening with the US dollar.
There is an undeniable shift in global trading power right now in favor of China which is causing countries to rethink holding onto US debts in the form of the US dollar. Are we witnessing the decline of the US dollar as the global store of value and power that it once was?
Join me in this brief segment as I explore the implications for global economics with Ray Dalio's insights on this monumental change.
Check out Ray’s video, Principles for Dealing with the Changing World Order
Ray Dalio Wisdom:
“To be financially strong requires you to not spend more than you earn.”
“You’ve got to get financially strong in a politically fragmented environment where everybody wants more.”
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