Billionaire investor Ray Dalio says China is a rising power, warns that inflation and debt will destroy US


Source: washingtonnewspost.com washingtonnewspost.com

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NEW You can now listen to Fox News articles! Billionaire investor Ray Dalio predicted a new global order that has China ascending and the United States diminishing. Dalio appeared on the New York Times’ “Sway” podcast on Monday to discuss his new book, “The Changing World Order.” During the discussion, he said debt, inflation, internal strife, and a rising China pose grave threats to American prosperity. “Dalio made his fortune betting on, or against the future,” host Kara Swisher introduced her guest. “Now it seems like Dalio is betting that world power is shifting with China on the rise and...