World's Largest Hedge Fund Manager Sees US Dollar Losing Reserve Currency Status
From zerohedge.com
With the end of 2018 marking the 40th anniversary of China opening up & reforming (and with an increasingly loud group of market participants questioning the foundations of China’s economic miracle - and more importantly, it's future), Bridgewater founder Ray Dalio believes now is a good time to reflect on China’s last 40 years. "Since I have been fortunate to have experienced 34 years of this 40 years in an up close and intimate way, and since I study what makes countries succeed and fail, I have some experiences and thoughts to share..." The table below shows just a few representative statistics. These results ...
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