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Ray Dalio; Is China on the Rise, & the US in Decline? | GZERO World

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

The Chinese think they are on the rise, while America is declining. On 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.

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Should Investors Bet on China Over US? | GZERO World

Should investors bet on China over the US?

Hard to say these days, even for a billionaire hedge-fund manager like Ray Dalio.

On the one hand, America has a better system, better tech, and better universities. On the other hand, China "has us outnumbered" in population and pace of per capita income growth.

China, he explains, has not only become a powerful competitor. The US has changed, too.

"[The] America that I remember is a different, uh, and grew up with is a different America than it exists today in terms of like equal opportunity and the American dream."

Watch the GZERO World episode: Does China's rise have to mean America's decline?

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