We're really at this point neck and neck. I think goldman sax has predicted that by 20 50, the chinese economy will be twice as large as the us. But let's say nothing certain. If you worry enough, the fears of what you're worrying about will lead you to take actions that the thing you're worried about won't happen. And if you don't worry, you need to worry.
History, in the eyes of legendary investor Ray Dalio, is a perpetual motion machine. Nations rise and fall according to an inevitable cycle where peace and prosperity are always followed by depression and war. And in his new book, “Principles for Dealing with the Changing World Order,” Ray says the United States is now in the downward part of that cycle.
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