ray dalio

The US-China economic competition is heating up, says investor Ray Dalio

GZERO World Clips

The US-China economic competition is heating up, says investor Ray Dalio

The US-China economic competition has been heating up. The Chinese think they are on the rise, while America is declining. On this episode of GZERO World, Ian Bremmer talks to billionaire Ray Dalio, head of the world's largest hedge fund, who thinks rising US debt, a widening wealth gap among Americans, and the meteoric rise of China all play into Beijing's plans to overtake the US as a global superpower.

Does China's rise have to mean America's decline?

GZERO World with Ian Bremmer

Does China's rise have to mean America's decline?

The US and China are as wary of each other as they've ever been. But the Chinese think they are on the rise, while America is declining. On this week's episode of GZERO World, Ian Bremmer talks to billionaire Ray Dalio, head of the world's largest hedge fund, who thinks rising US debt, a widening wealth gap among Americans, and the meteoric rise of China all play into Beijing's plans to overtake the US as a global superpower.

Podcast: No Empire lasts forever: How China’s rise could trigger a new world order

GZERO World with Ian Bremmer Podcast

Podcast: No Empire lasts forever: How China’s rise could trigger a new world order

Listen: What keeps Ray Dalio, one of America’s most successful investors, up at night? Three things: spiraling debt, a weakening dollar and a rising China. China is closing the gap on US economic dominance as its geopolitical influence grows, Dalio tells Ian Bremmer on the GZERO World podcast. The US economy is negatively impacted not only by its debt but also by the widening wealth gap among Americans, and these all play into Beijing's plans to surpass the US as a global superpower, says Dalio, author of Principles for Dealing With the Changing World Order” and founder of the world’s largest hedge fund. Does this mean investors should bet on China over the US?