With all the news surrounding China lately, I encourage you to watch this video from Ray Dalio, co-founder of Bridgewater Associates, the largest hedge fund manager in the world.
Ray recently retired from Bridgewater, and leading up to his departure, he's published several outstanding books and videos about them.
One of the most recent is "Principles for Dealing with the Changing World Order", which examines history's most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we've experienced in our lifetimes—but similar to those that have happened many times before, as he puts it.
Specifically, Dalio expands on why he expects to see increasing "internal conflicts" within the United States, as well as increasing "external conflicts" with other powerful countries like China.
You can probably see why I China's spy balloon looks like pre-invasion recon to me.
The Chinese are very industrious disciplined people, and should not be underestimated in their quest for world power.
But when I say the Chinese, I'm speaking of citizens of China, not Chinese Americans in the United States, who are as American as I am.
Ray Dalio is a well-known independent thinker, and an example of one of one of the most knowledge people of global macro being open minded, seeking out believable people who disagree with him for debate to text his own beliefs.
True intellectuals don't cast aside disagreements, they pursue them with critical thinking.
If you find the video interesting as I did, you can follow up by reading the book; "Principles for Dealing with the Changing World Order".
I agree with Dalio that it seems like we're going to see increasing internal conflicts leading up to the next election, and with China doing