Ray Dalio on the Relationship Between the US and China
ฝัง
- เผยแพร่เมื่อ 8 มิ.ย. 2023
- Ray Dalio, Bridgewater Founder sat down with David Westin at Bloomberg Invest to explain why both sides lose in a US-China conflict and why AI is a bigger revolution than the Internet and Niall Ferguson, Hoover Institution Fellow and Bloomberg Opinion Columnist disagrees that both sides lose in a US-China conflict.
--------
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: www.bloomberg.com
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
![บุษบา - เมนทอล [Official MV]](http://i.ytimg.com/vi/IGnWPokSEis/mqdefault.jpg)
![อยู่ได้แล้ว - LIPTA feat. Mirrr [OFFICIAL MV]](http://i.ytimg.com/vi/-9-hpntNym4/mqdefault.jpg)
![[#SHORTS CLIP] ครูอึ้ง กรรมการอึ้ง ฮ่าๆ l ซานิเบาได้เบา l One Playground](http://i.ytimg.com/vi/qeBTuMJs4t0/mqdefault.jpg)
China never been an aggressor. Even back in the days of the roman empire and all the way up until today. They had their internal struggles but always been a peaceful trading nation at heart
true
Yea, China was always been 9 million square km since the beginning of time. They never attacked anyone right? And Tibet just magically got incorporated into China without an invasion. And the tension in Taiwan is all the US and Taiwan's fault right comrade?
To say that China has never been the aggressor. It’s like me, saying Nazi Germany was never the aggressor back in World War II, or Japan was never the aggressor when attacking Pearl Harbor. I highly recommend watching some more documentaries. Perhaps Daniel change your mind about China not being a “aggressor”
@@RickyDickyDoDah557 And you're going to quote Xinjiang, Tibet and Hong Kong, right?. You should read up in how US meddling in other nations has caused more civil wars, coups, insurgencies and terrorism, than any other empire in history.
@@RickyDickyDoDah557compared to the USA, China is indeed a very peace loving and peaceful nation.
Niall Ferguson completely missed Dalio's point that nobody wins.
It's because his brain is not very big.
@@Western_Decline And how fcking childish to think like that. But that's the people we have running this country.. We want to win, and not only that, we them to LOSE. We have ended up hurting ourselves more with this kind of mentality.
There should be no confusion; the Chinese wanted to work together. It’s the USA creating a U.S. vrs Them mentality and it’s costing our businesses gems of billions of lost business. Yah that makes a lot of sense.
Right, because American voters whined about "China stealing their job" like they're started to whine about AI doing the same. So politicians do what needs to be done to get votes. It used to be a strong nation driven by freedom. It's now a group of people demanding assistance from their government in every aspect of their life. It's pathetic.
I have said that a Rivalry is symbol of honor. That's China in sports or trades.
CCP:"We want to be No 1! Destroy The Whites & Make Commies Great Again! Conquer the World with counterfeits products! Steal Researchers with their new technologies!"
It make 0 sense to work with China. Just like Germany working with Russia it only pumps money into a future rival
agree with you
Feguson's take on China is not surprising given where he is coming from and as a fellow of the Hoover Institution where it is all about keeping the West great and keeping it on top of the world at the expense of everybody else specially the global south where over 80% of the world's total population lives.
Absolutely as he should.
US lost Cuba and Honduras 😂😂
"Cuba! Honduras! You are MINE!!!"
This Hoover guy still lives in the colonialist era.
Ferguson's mind is clearly not at the same level as Dalio
He is probably living in some sort of ignorance and clearly cannot see the bigger picture as Ray does
Dalio is on the CCP level. Ferguson isn't
I loved how ferguson calls propaganda "restraint" lol.
The guy at the end has no clue about AI
This is sadly the case with most people who talk about AI
Dalio made a huge mis- judgment about the rate growth of China.
Now he us avoiding the subject.
Imagine trying to go to war with someone you In trillion in debt with 😂😂😂
Whenever China sneezes, the world shakes Napoleon Bonaparte might be right.
US is in same position Japan was prior to Pearl Harbor. Japan was economically and financially dependent on the US. It made zero sense to attack a nation that made your survival possible. China and petro dollar makes US survival possible. Petro dollar and Chinese purchase of US debt gives US money to buy Chinese manufacturing products and China supplies them. If any piece of the puzzle is removed the US economy fails. The US cant recreate manufacturing overnight and the owners of capital are not willing to pay Americans wages to do those jobs.
The US is in a vulnerable economic position even as it continues to try to contain China. Its economy seems to be healthy but only because the Fed is printing hundreds of billions of dollars to pump into the economy each month.
Well guess what it's about to happen.
Thanks for sharing 🙏
Niall Ferguson is another level supernatural lier... Such a sceptic & naive unlike intellectual Ray Dalio👍👍🤝
It is important for the United States and China to find ways to cooperate, or prepare for the possibility of increased rivalry in the years to come.
It would be stupid to cooperate. We’d end like Germany who is pumping money into a Russia like enemy you’d be facing in a few years
US have to have a war every couple years . To keeping number one . That’s the problem . The world have changed . Other countries started say no to us. The world need peace not confrontation
@@huggybear441 Jaishankar told the NATO Guys to forget about that.
Yesterday India clearly indicated a trade alliance with Asia, was something that was better for the people who have been exploited by Colonial exploitation, than to participate in the exploitation that NATO Nations appear to represent.
China has created a Southern Hemisphere trade association that appears to be the basis of G-7 inflation, as the former colonies become united for fair prices for their goods.
Think about what that potential trade among the developing Nations can provide?
Then consider what the former Colonial Empires will no longer have free access to?
Why do you suppose the Western Powers are so pissed off?
American started the trade war. and the following technology war. and literally sent military to Chinese borders， so you know who is bad here
@@alanssshh The Brits lost a half million Troops in Crimea over about the same kind of trade war.
Asian Unity is something that is not helping western powers exploit.
Two winners, or two losers. That's Ray's central point. Neil did not get it.
Two losers then
NIall said there is a diplomatic charm offensive on the US side...Who is he kidding?😂😂🤣
Both lose in a mutual nuclear destruction; both win in collaboration for 1000x1000x1000 for the human family enlightenment, health, peace, prosperity and mutual support for learning, mutual benefits and mutual progress so the people of both countries will be beefed off.
We 🇺🇲 will accept that before being number two.
One point lesson : when you discuss with China, don't harm their feelings. 给他们面子。
Who cuts off who?
5:27 interesting very speechless about the ability for equity access
Niall should not compare US vs China to US vs Soviet Union. US and Soviet Unions were very different, while China is a lot more like US in all the ways that are most important. For example, China's economic strength is rooted in the same sources of what have made America strong: market economy, entrepreneurship, innovation, trade, and competition. In fact, China started its ascend by learning from and continues to learn from the best of the west. The only difference is that China has 4 times the size with 4 times the potential room to develop. For US to try to defeat China like it did Soviet Union, it will not be like Obi-wan Kenobi trying to defeat Darth Vader, but more like Obi-wan Kenobi trying to defeat Luke the Skywalker, when Luke the Skywalker is younger and has 4 times the Midi-chlorian counts.
Came to say exactly this. Two incredibly different relationships between the countries.
The chip production is a Separate issue.Unfortunately, politics is everywhere and always Key....
Even the parents respect a 16 year old raging anger if you want harmony. 16 year old normally goes off side to the other side of the world to play in somebody backyard and yet don't show respect and undoubted no manner.... in the eyes of ASEAN.
AI will make human go nuts. Imagine interacting with an AI with more intelligence capabilities than you and can counter you and dominate you in any category.
"Why shouldn't there be a similar outcome to a second Cold War?" Because you chose to ignore how they were intertwined in economic activities. By contrast, Ray remains sober and sane.
I remember a scene in captain marvel movie which ‘without me you’re nothing’, so if we without the US we’re nothing tbh
😂😂😂YOU 👉 JOKER !
Ray Dalio is correct, just assume he is correct, then your choices will have better results for both parties. In other words, instead of misperceiving Chiba as a threat and adversary, it is better to perceive Chiba as a worthy buddy so when you play tennis with a great tennis player, you become better! When you play with lazy and apathetic player, you may be number one but you are not challenged to realize your full potential!
Our 🇺🇲 answer is no.
They cut him off…
Niall Ferguson is quite weak on point of view on China, he cares about only his new book new cold war which actually is banch of crap with nothing new!
Lying isn't restraint, Mr. Ferguson.
We shouldn't feel scared... we (USA) have alien technology.
LOL. 😂😂😂
We're not scared, we're angry 😡🇺🇲
Niall Ferguson, ha.
clearly the historian has little understand of economics and technology. his argument is comparing a fresh apple against a rotten orange.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Mr K last year, his confidence and skills is on a maximum level..
He's on TELEGRAMS
@mrk99coin THAT IS HIS USER NAME
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon..
* Ray Dalio is indeed a brilliant investor, but some of his perspectives on the US and China may be misleading. In his book, he highlights the uncontrollable money printing in the US but fails to acknowledge that China, despite having a smaller economy, has created money at a rate four times higher in the same period. Dalio emphasizes the US's substantial debt increase, with public debt rising from 35% in 1980 to 130% today, and total debt nearing 300%. However, he overlooks that China has a total estimated (opaque disclosure) debt of 700%. If the concern is about collapse, China would theoretically face this issue long before the US.
* Another critical aspect is that the majority of global trade and borrowing occurs in USD or Eurodollars, not Euros. When the US prints money, the negative impact is dispersed globally. In contrast, when China prints money, the effects are confined to its borders. In discussing the challenges in the US, Dalio points to political disagreements, riots, and criminal activities, acknowledging the nation's increasing complexity compared to the 50s and 60s. Yet, China is a totalitarian state with a single political party, devoid of opposition to voice countermeasures. The advanced technology used for citizen monitoring and the swift legal process are significant factors he fails to mention.
* Dalio's omission of these critical points raises questions about the motivations behind his narrative. It seems unlikely that such a savvy individual would make absent-minded mistakes, especially in a book. The question arises: Why would one of the most significant and intelligent fund managers propagate potentially inaccurate information about his own country's decline, given that it could adversely impact his business, affecting all his investors?
You should go to a tour in China.
This guy Ferguson is wrong...the whole world is a different period with more countries in better economic conditions when compared to period of cold war 1
US China competition is not good both for US and China.
This is not competition.
First defeat Russia.
Us Chinese need more people like Niall Ferguson in the West. Let the arrogance prosper.
China want develop with America. but American refused because it think it will lost number one if things going with peace way. that's why American started the trade war.
The airplane fuel dump and the warship chicken game the other day seems China is number 🖕🏼(one) in good examples 😂
欢迎来南海玩战舰吃鸡游戏，下次我们开破冰船过去
++ Excellent video per usual. I deeply respect how you keep emotion out of your analysis and outlook of the economy, yet at the same time, work hard to create top-notch quality videos that are always so engaging. Recently I have been executing decent volumes of trade making a great ROI with strategy and insights from Ethan Jackson and it's been an amazing feeling doing it MYSELF. I have over 270k in USDC and it keeps growing with his approach. One has to work on it! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm!
Too much stuttering from Ray 😂
Let's all trust the guy who invested heavily in China to drive US policy on China. Why don't we also ask Putin what our Ukraine policy should be while we're at it.
You're exactly the example that demonstrates every reason why American Chinese will end up in concentration camp and rot in US soil.
I prefer not to trust a whyyte supremacist like Niall Ferguson.
You're not very smart..
Dalio has a diversified portfolio…does not invest directly in China at all
@@titusp9488 Bridgewater Associates now has $2.93 billion in fund assets in China, according to Reuters. That's double compared to 2021, securing its position as the biggest foreign hedge fund in China.
Long live Russia 🇷🇺🇷🇺🇷🇺❤️❤️❤️
As,long China is willing to follow the rules, the competition will be fair.
笑死了，世界贸易规则本身就是西方国家定的，在规则允许的情况下玩不过中国就想推翻重来？就像下棋下不过就掀桌子一样，只有没规律的野人才会做，中国已经不准备遵循美国的规则，中国会联合所有反美国家制定新的游戏规则。
Forget it if you don't cooperate. China isn't going to answer your phone. Go and play by yourself. Play this game for China?
US never follow the rules and hast been fair from the beggining of that country's conception. I mean they caused a mass genocide of native americans just to take the land, to begin with
China should play by the rules the west set to keep themselves at the top and china down. Those rules
..😂😂😂😂
??? According to what "rule" that Huawei must be killed?
Listen to him and you will lose your life savings
Dalio so wrong on the chicons……
CIA bot
They have cconection and dont have anyone on this , no need , will carry ?????
China had have 100 balloones youbhavent seen 🤔🤔🤔🤔🤔😪
fact:American sent more bloom to China than China did last ten years