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Davos 2022: What's worrying Ray Dalio - and what gives him hope

Meet The Leader

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How Do You Pay Back Your Debt?

In the beginning of the new world order, united states had 80 % of the world's money. As that gap narrows, competitions increase and then you have those types of allenges. And so when those challenges, as we are now seeing those challenges, become manifestyou start to see the financial conditions. We need more money. Where are we going to get it from? You either tax it or you print it. And taxing it becomes very politically difficult to do,. But lo and behold, it produces more inflatia. The next steps being something like economic sanctions on china. Or you can see even foreign exchange controls. Even though they didn't exist in our lifetimes before

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