'Monetary, geopolitical order breaking down': Ray Dalio warns world ‘on the brink’ of capital war
Legendary investor Ray Dalio warned that the world is 'on the brink' of a capital war, amid simmering geopolitical tensions and volatile capital markets. Speaking at the World Governments Summit in Dubai, UAE, Dalio said we are close to teetering into capital war territory, when money is weaponized using measures like trade embargoes, blocking access to capital markets, or using ownership of debt as leverage.