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Re:A chat with Ray Dalio by paulpauper on Sunday June 12, 2022 @07:36PM (#31719300)
He's been pushing this narrative for a while, and his Bridgewater fund has a heavy China tilt, but I'm also watching Polymatter videos which makes me a China bear.

Yeah, he is intellectually and emotionally invested in it. It's also unfalsifiable. America has been running large debts forever but has only become bigger and more successful post Covid, whereas other countries have become weaker relatively speaking. I think his ego is too invested in this model of the world to let it go.

Re:A chat with Ray Dalio by iforgetti on Sunday June 12, 2022 @09:35PM (#31720018)
It’s possible to believe his concerns regarding indebtedness of “The West” and the state of the current debt cycle while also disagreeing with his bullish view of Chinese economic growth / dominance.

This is my personal view after reading his most recent book.

Re:A chat with Ray Dalio by roenxi on Monday June 13, 2022 @12:03AM (#31720948)
It is a safe default bet that Dalio is wrong; because economies are highly chaotic and technology is very much a loose cannon in what can happen next.

But the US has debt levels where it is basically impossible that everyone is going to get back what they put in. Somebody has been conned into making a donation without realising it. And the #1 strategy to deal with any crisis seems to be money printing. If that political culture remains ascendant then all the alternatives will have to have really screwed up. Which is sadly plausible when looking at China - but they wouldn't have to change much to start whipping the US.

Re:A chat with Ray Dalio by whatshisface on Monday June 13, 2022 @12:23AM (#31721098)
In case you haven't been watching... the money printing culture is already over (for now) and the stock market continues to fall as the FED tightens the money supply to control inflation.
Re:A chat with Ray Dalio by sudosysgen on Sunday June 12, 2022 @11:40PM (#31720803)
The elephant in the room is China, whose GDP got relatively larger post-covid compared to the US, with significantly less inflation and debt.
Re:A chat with Ray Dalio by mercy_dude on Monday June 13, 2022 @03:34AM (#31722385)
> America has been running large debts forever but has only become bigger and more successful post Covid, whereas other countries have become weaker relatively speaking

I am not sure what metrics are you using to quantify success post covid for America. Trust in institutions are all time low, there is a mental health epidemic, supply chain is still a mess and America is finally giving in to the Chinese demands withdrawing (at least partially) trade tariffs and going back to largest trade deficits as well as lately caving to the Saudis. Following the debacles in Afghanistan and Ukraine war, there isn’t exactly a foreign policy strength that America is able to project.

In all measures, these aren’t exactly success but hey we are selling weapons at record pace to everyone else so that may be it.

Re:A chat with Ray Dalio by andreilys on Sunday June 12, 2022 @09:25PM (#31719958)
America has been running large debts forever but has only become bigger and more successful post Covid

Citation needed, not clear how America has become more successful post covid.

Re:A chat with Ray Dalio by paulpauper on Sunday June 12, 2022 @11:13PM (#31720647)
compare US dollar to other currencies, GDP gains ,stock market gains, corporate profits , etc.
Re:A chat with Ray Dalio by andreilys on Monday June 13, 2022 @10:59AM (#31726530)
All those metrics are down post covid because the era of cheap and easy money is over.