Ray Dalio

Ray Dalio – Beyond The Trade War: The Huawei Step Could Lead To Military Conflict

It should now be clear that the war with China is not limited to the trade war—that it is open to other types of wars. Wednesday’s actions by the Trump administration show that cutting off items that are needed by the other country (“sanctions”) is now on the table so that we must imagine all the ways that might occur and assign them probabilities and assess their implications for companies, markets, and economies.  We also must imagine the other types of wars (e.g., capital, military, etc.) that might be brought to bear on the US-China confrontation . . .

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