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Listen "Ray Dalio is WRONG About China"
Episode Synopsis
Billionaire investor Ray Dalio recently gave a presentation on his thesis that China will soon overtake the United States as the worlds' dominant superpower. With all due respect to Ray, I think he is COMPLETELY WRONG.
In this episode, I'm going to quickly go over 9 major flaws in his reasoning, from China's population and it's military capabilities, to the difference in economic strength between China and the U.S. Any change in the hierarchy of the worlds' powers will have a sweeping economic effect, especially in America. So if you are an investor, or are thinking of investing soon (especially in real estate), make sure to like and subscribe to this channel to keep up to date on the latest information.
In this episode, I'm going to quickly go over 9 major flaws in his reasoning, from China's population and it's military capabilities, to the difference in economic strength between China and the U.S. Any change in the hierarchy of the worlds' powers will have a sweeping economic effect, especially in America. So if you are an investor, or are thinking of investing soon (especially in real estate), make sure to like and subscribe to this channel to keep up to date on the latest information.
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