NEW YORK — With the greenback dropping clout and the world dividing into competing forex and financial blocs, American investor Ray Dalio stated it is going to be international locations much less susceptible to international battle like these in Southeast Asia that prosper in coming years.
Dalio, who based the $150 billion U.S. hedge fund Bridgewater Associates, stated that the present world order is altering in methods extra just like the time main as much as and through World Conflict II than the post-war interval. “We’re seeing every nation’s populism and nationalism rising in preparation for larger conflicts,” he stated.