Billionaire investment guru Ray Dalio warns of a looming 'capital war' between the US and China

Ray Dalio is warning that the current trade war between the US and China could spiral into a capital war. "There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war," Dalio said on Thursday."How that is approached is going to determine our futures." US lawmakers have pushed to stem the flow of funds going from the US to China. View Business Insider's homepage for more stories.

Ray Dalio is warning that the current trade war between the US and China could spiral into a capital war. "There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war," Dalio said on Thursday."How that is approached is going to determine our futures." US lawmakers have pushed to stem the flow of funds going from the US to China. View Business Insider's homepage for more stories.

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Source: Reuters - 🏆 2. / 97 Read more »