News Snapshot:
- Conflict between US and China could be even more devastating to the global economy than war in Ukraine, Ray Dalio said. - In a blog post titled "The US-China Tit-For-Tat Escalations Are Very Dangerous," he said US-China tensions over Taiwan are following a path to war. - Dalio noted that China accounts for around 15% of global exports compared to Russia's 2%. Russia's war on Ukraine has wreaked havoc on energy markets and world trade, but a conflict between the US and China could do even more damage to the global economy, billionaire investor Ray Dalio warned. In a...
