US and China conflict goes way beyond trade, says Ray Dalio, founder of world's largest hedge fund

"The trade war, I think, can be worked out," says Ray Dalio, the billionaire founder of Bridgewater Associates.

The two nations' polar opposite methods of governing is the broader, more difficult issue to reconcile, he argues.

"History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict, Dalio says.

https://www.cnbc.com/2018/11/15/us-and-china-rivalry-goes-beyond-trade-says-ray-dalio-founder-of-worlds-largest-hedge-fund.html

Submitted November 15, 2018 at 01:52PM by NineteenEighty9 https://ift.tt/2Q5asrY