The Changing World Order: China vs US - With Ray Dalio

In this bitesize feature, Ray Dalio, Founder of Bridgewater Associates, discusses the changing world order and predicted outcomes of the China / US conflict.

In the full interview, he discusses the development of Bridgewater and the principles that underpin his thinking (as also covered in his bestselling book, ‘Principles: Life and Work’).

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TOPICS:
00:00 - Outcome of dual conflict
02:02 - History of Taiwan
03:42 - Dalio's opinion of what will happen

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[Darkmatter]

I'm a Hawaiian and there are many of us who want to secede from the US. China should give us military aid to do so.

[christopherbong]

The China/Taiwan dispute is not the US business.

[smdanny]

For Americans to understand Taiwan is very simple. Imagine at the end of US' civil war the South ran to Hawaii and stayed there and ruled there as the official government with its own laws, elections, currency, military and foreign policy but never joined the UN... So is it a separate country?

[egiljames]

This is Alright but I think investing in Forex and crypto is the best investment anyone can get involved with.

[jstasiak]

1. It was Richard Nixon, not Henry Kissinger, who did the heavy lifting and took the political risks required to bring about the rapprochement with China. This fact is very well documented by many people. You need to give Nixon his due on this. This is not to say that Mr. Kissinger’s role was not important or inconsequential—Kissinger certainly played an important role in normalizing relations with China. But China was Nixon’s project and he deserves to be given the lion’s share of the credit for it.

2. Ineluctable economic and demographic forces are going to eventually bring Taiwan under PRC sovereignty and this cannot be stopped. China wants to take Taiwan intact and understands that time is on its side. For that reason, China will not initiate hostilities against Taiwan unless it is forced to do so by the United States. If a war over Taiwan starts, it will be initiated by the United States, not China.

3. The island of Taiwan was previously colonized by the Dutch and then the Portuguese before the Chinese emperor eventually asserted sovereignty over it. That is how Taiwan came to be known by its Portuguese name of “Formosa.” Mr. Dalio failed to mention this history.

4. Multiple war games about a war between the US and China over Taiwan have been run by the RAND Corporation, a US Department of Defense think tank. In each and every such simulation, China was the decisive winner. It is noteworthy that China enjoys tremendous home field advantage in any such conflict because the island of Taiwan is only 90 miles off the Chinese mainland whereas it is 7, 000 miles from the US West Coast.

5. According to Nixon biographer Richard Reeves, Nixon thought that the national interests of China and of the US were conflicting and irreconcilable and that war between the two for dominance in the Asia-Pacific region was inevitable and that China would ultimately prevail in such a conflict.

[yu-jdjg]

The Hegemonic US demands American First and World Domination under the American rule-based international order. Whereas, China insists on Mutual Respect Mutual Benefits, and non-interference with each other's internal affairs. Obviously, the gap is too wide to bridge over until and unless a new world power equilibrium architecture is firmly established which will probably be at the end of this decade or the next. In the meantime, the world can expect a tumultuous period of uncertainty and danger

[LuckyJojo-ybvt]

China main objective is to trade, but at the same time, they combine it with local development, especially infrastructure and skills development.
Military and political of the country is respected and not interfered.
That's why they're trusted and welcomed by most developing countries.
These are the traits the West lack, plus Chinese don't have the means to plunder the developing countries.😂

[darek]

As I searched through Google I found that in 2010 the US Army had 562 tsd soldiers but in 2022 it had only 462 tsd soldiers. They reduced the US army by 100 thd soldiers. It's strange that the US is shrinking its power but agressivness of political rhetoric increased. It seems the US as it becomes less powerful militarily becames more agressive politically. I wonder if this strong talk will replace real power completly in near future and the US will become a paper tiger.

[joepup]

Dalio glosses over everything between the British Opium Wars in the 1840s and Japan's takeover of much of China. Japan was able to do so because of what the British and then the Eight Nation Army, comprised of European powers, did to China over decades. China was already weakened and partially colonized, like the rest of Asia, when the Japanese marched in and colonized not just China but most of Asia.

[Aforestmyth]

Us world destabalisation and war. Yet it rots from the inside out

[IEtoileFilanteI]

Dalio looks so stressed out when he talks about this cuz he knows it's the US doing most of the provocations 🤣

[kathri]

Go before America, thousands of years to understand history. The empires were there, countries were there. Why a reductionist approach to history, just to prove one narrative.

[realdemocracy]

According to Micheal Hudson we have a conflict between the rent seekers and the state planners.

[chunchun-maru]

15/19 great power transition ended in war. What about the 20th?

[corallynnewman]

Well, that was very clear. If he had the time Ray could serve in Kamala's cabinet.

[unreliablenarrator]

Distinguished China historian Ray Daily 🤣🤣🤣🤣🤣

[tylert]

Let's hope americans are smart enough not to fall for taiwan move and lose the table. 😅

[altansuvdbatmunkh]

This background music is beyond annoying.

[xenasloan]

And yet others say most of the non-metropolitan areas survive at poverty levels....

[TacticalMayo]

Ray dalio is extremely wrong when he tells you that the red lines will not be crossed. Oh they will be crossed.