Ray Dalio says global order is shifting as U.S. declines and China's influence rises

Summary

Ray Dalio, founder of Bridgewater Associates, reflects on his 42-year relationship with China after a recent 10-day trip to Beijing. He argues that a major shift in global order is underway, with the U.S. losing its dominant position and a multipolar world emerging. Dalio describes a rising "tribute" system in the East, where countries align with China's economic and political influence, and claims global leaders recognize that America lacks the will and capacity to fight to maintain its empire. The essay draws on his deep historical study of China and cycles of empires.

Source

bskyRay Dalio says global order is shifting as U.S. declines and China's influence risesfortune.com