EVERYONE IN THE USA IS SCARED...because, there is ANOTHER CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR and SUCKERS like Americans to keep propping up the US Ponzi~!
Foreign investors want a secure return or guarantee before their capital floods into China. So, they give China a list of suggestions, and China checks the list, considering which areas of Chinese business need foreign investment and which terms of foreign investment are mutually beneficial, and then confirms the capital transaction deal. At this critical juncture, China's bankers and central bank regulators must be honest and ensure China's interests while also protecting the interests of foreign investors.--- this is shall be agreed win-win financial cooperation.
in other words: "i wrote an entire book and went on tours to spew the fact that china was going to be the next #1 economy in the world so everyone will buy in while i sell everything; now that i'm divested enough from china, i can cause fud again" long story short dalio just did a pump and dump
Yup. As I also just wrote in another comment: I used to really (!) respect Dalio a lot, after his first book Principles. But I will never forget how he clearly and unambiguously recommended Schrodinger as an excellent investment. A few weeks later it tanked, and to me it looked A LOT like one or more big hedge fund(s) dumping. Could it be that Dalio / Bridgewater wanted to dump it on retail? Perhaps the same is true here. He may be loading up BIG on China now while he's talking it further DOWN.
Don't beat around the bush. Just say it simply "China not place for Oligarchy or capitalist,In capitalist countries, oligarchy rules the government, in communist countries the government rules the oligarchy.
China doesn't need him....Chinese households have $16 Trillion saved vs US only has $900 billion! China has passed. the US since 2016 ...the next CHINA IS STILL CHINA~
EVERYONE IN THE USA IS SCARED...because, there is ANOTHER CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
HONEST? OR, EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
@@visionaryremodelsllc2901 HE IS nervous because the CIA would put a bullet in him if he told the truth that China has surpassed the US economy since 2014!
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR!
Every country’s economy had been fucked before, there will always be ups and downs. This is China’s first major recession. Smart rich people like him will find opportunities and get even richer.
EVERYONE IN THE USA IS SCARED...because, there is ANOTHER CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
It's an incredible opportunity, but we inly have a small percentage of the portfolio because there is no rule of law and we could be dispossed of our assets as foreign ownership of lots of industries is actually against the law.
@@alexgamble4718 LOL..and US trying to force TIKTOK to sell to US corp. Tells the world, FB, X,etc ..USA is a regime w/ NO LAWs and will steal your inventions and corp if you don't push Israel and US propaganda!
He can't really say anything. 6.8 trillion USD wiped out in Shanghai and HK stock markets. 18 trillion wiped out in household wealth in the last 3 years. For perspective, that's almost the same size as the total GDP of China at 18.5 - 19 trillion USD and 6 times the size of its foreign reserves at 3 trillion USD.
USA upset the Chinese didn't bailout the real estate market! they are hoping the Chinese would do the same as we did...give handouts to the bankers, real estate developers, investors, and homeowners! USA loves to promote growth with DEBT DEBT DEBT! THUS, THE WORLD IS DUMPING US TREASURIES! EVEN OUR ALLIES! Don't worry about them...look at our commercial real estate...empty, empty, and empty! Our real estate and financial market is a ponzi con-my backed by toilet paper dollar. Most dangerous is mass daily shooting, homeless, and triggered divided country! YELLEN wen to China 3 times in 6 mos. IN 2024! begging them to NOT DUMP ANYMORE TREASURIES!~
This is short term pain for long term gain…. Everyone knows China has the real estate bubble and now they are fixing it. You can’t let stock market and real estate be your drive force of the economy growth
@@ms-dn5umI will let you know. Chips, AI, auto motive electricfication. Hydrogen fuel cell, fusion. I just come back from a trip. That is what I found out.
Things change mate. It once had a great opportunity to be great , to have political reforms and innovations creating real values and so on. But it has been going to a direction really no one had expected. We live in China really can’t believe that elementary school graduate Winnie the Pooh leading the whole country for life and constantly boasting himself while making shitty decisions.
So many people had trusted Ray Dalio and so many lost fortunes based on his advices about never ending Chinese growth... And now we suddenly hear - every country's economy works in cycles. Well, the very long negative cycle has just started in China.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
"Is is still glorious to be RICH?" well, it's still the case in the view of the middle class and poor people, but not so in the eyes of the truely rich. Dalio is telling something closest to the true answer, much deeper than most analysts. Economy on the surface, roots in politics.
HONEST? OR, EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
I read, more than 20 years ago, about Chinese people ploughing their life savings into the real estate sector, and how Chinese developers had until about 3-4 years ago overbuilt massively, with ghost cities appearing in many regions. It is stupefying that Mr. Dalio is NOW talking about problems with China's real estate sector.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR!
He said he only had a very little percentage of his investment in China. That means in the past few years, he said bullish views of China so he can sell and get out of China.
he's rightly pointed out that there are up and downs. Chinese government promptly (PROMPTLY) popped the property bubble and refused to re-fuel it to avoid bigger problem down the road. And the Chinese government is trying other means to "upgrade" their economy, esp. by heavily investing into cutting edge technologies like semi-conductors, green energy etc etc, but certainly NOT by QE and stimulus. So what Ray is saying that we should be patient and invest more wisely which i have to agree. Chinese government, without worrying about "elections", can do things a LOT more strategically and able to weather short term pains.
They literally propped the RE market up in 2008. And, 2016. They turbocharged the RE market. You need to look at a stock chart for the HK index or the SSE. 15 years and no gains.
Good comment - the "experts" we see on CNBC and mainstream Western media never talk about any of this. At least Dalio mentioned China's technological leadership. Comparing it to Japan in 1990 was off-base though.
Yes,they popped the real estate market on purpose by telling evergrande and other especially large real estate companies to hold more cash instead of leveraging. They knew it was too big and had to be popped and this was the way to do it. Evergrande couldn't come up with real cash so they went belly up. I believe the govt is currently guiding evergrande to complete any unfinished apartments that people already put their deposit on. As for us, we are going through a slow deflation that doesn't appear to be working to well either, but time will tell for both countries.
When Dalio is getting less optimistic about China, its time to gtf out. This guy has been the biggest bull (openly) on China, he even wrote a popular book about it. They are cooked. Take your money and run.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR!
@@fubolibs4218yes. They rather use the money to build more j20, carriers and submarines. They punished greed. Many ppl bought several units before the crash. It is a fake growth. CCP punished millionaires
he pushes whatever narrative he needs to for his hedge fund. Hypocrite implies he had an actual position, guy is like sand, he shifts with the wind, he just tries to trick people into shifting the way he wants to go.
@@Bigbudd0045 He was bullish on China based on historical data, but he never said that the Chinese government would not be so stupid to shoot themselves in the foot. Who can even predict the future?
Very interesting and informative. The way he said certain things leaves a lot of clues of what is going on from the perspective of one of the greatest bull market investors in China. For me he is saying we made our money there in China but now maybe it is time to look elsewhere.
I started investing in Chinese stocks this year, mainly Ali Baba and EV makers like BYD and Xpev, and so far they're all performing better than most of the American ETFs and stocks I've invested in. Happy with their valuations and ultimately what these businesses are offering to their customers.
China in mid & long time should still be good & will continue to grow. Still lots of smart entrepreneur in China . Not to mention so much hard working individuals. Yes agreed China needs some adjustment & some restructuring. In fact, this is always the case in China as they keep reforming to suit the internal & external environment. The buzz words is “ deepening reforms “ . Still the super rich & middle classes are still growing even though they are hesitating to spend, this is indeed aligned to what’s happening in the world including USA. To me I think this is an opportunity as Ray said , cycle will go up & down . Catch it when it’s down . Means , good price . However, u need to be a long term player.
People only take a quick look and see that the moron who created all this mess is still in charge and getting increasingly hostile to its neighbors and the international community, they'll go "same old shit! I'll pass!" And they're right! That moron is still there and running things and barking at everyone like a rabid dog
No real investor cares about China anymore. Every stock is a loser. I bought BIDU in 2010 and bailed a year later. Best decision ever. It's at a lower price than back then. BABA is barely over it's IPO price. Their indices haven't moved in 15 years.
It's like the ex-GF who dumped you for some new guy, but then got cheated on and dumped by that guy, and now has come crawling back, saying "what are you talking about? I never dumped you... I just... went for a jog... a 20 year jog"
Yes. Like I also wrote in another comment: I used to really (!) respect Dalio a lot, after his first book Principles. But I will never forget how he clearly and unambiguously recommended Schrodinger as an excellent investment. A few weeks later it tanked, and to me it looked A LOT like one or more big hedge fund(s) dumping. Could it be that Dalio / Bridgewater wanted to dump it on retail? Perhaps the same is true here. He may be loading up BIG on China now while he's talking it further DOWN.
@@TheNotSoGreatGatsby The amount of subsidies as a percentage of the total is much less than the percentage that Europe and the U.S. have for automakers. And China's subsidies are regardless of nationality, Tesla and Volkswagen, including Japanese car companies, as long as they meet the standards and Chinese car companies are the same subsidy standards. The important thing is that the upstream and downstream industrial chains of batteries and automobiles, as well as the industrial chain of electronic products, are all in China, so you can easily integrate resources in China, followed by the use of large-scale industrial robots, which improves productivity and reduces the wage bill. The cars from Tesla's Shanghai factory are the best quality of Tesla sedans, but at the lowest price. Volkswagen closed its factories in Europe but expanded its factory investment in China, guess why.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
He has a very good understanding of what’s going on here in China. The issues are real. Two things I want to add on which also play key roles in the downfall of Chinese economy. 1 the huge amount of assets wether were gained legally or illegally by high class Chinese fled to the west. 2 the media war aiming at lowering Chinese FDI as much as possible
When I was quite young I was in business class on way to Asia. My seat mate was a big finance guy. At that age I had a hard time talking about finance, hedge funds (a new concept then), etc. At some point I asked him, in summary, how to the markets work. He said: Money goes in to the market (asset). Prices go up. Money come out, prices go down. The trick is to get in before other money does and get out before other money does. Ray is missing the point on China. Money is leaving in droves.
Agree with Ray on most points but what is this about property right? What is he referring to? China must undergo economic reforms now, it had no choice. An economy that relies on endless real estate boom is unhealthy and not sustainable. People should get rich by their ability to create value and not through speculative investing in real estate or the stock market. The economy does not need to increase with endless consumption boom nor does it has to borrow to no end like the west. Instead, China is focusing on tech innovation and manufacturing which can create true value. The Era of easy money for speculators in China is over, the tech boom era has just begun and this is where the money is at.
The thing is once your money is in China, there is the risk you will never be able to recover it. The rules are different and can change any time. So, investors are the one risking their money.
@@zill8021but we can recover from western countries? I mean the entire west seized sovereign nation assets and spent the profits on lending to another nation (Ukraine)... Is there anything in the west that can be trusted anymore? Always complain about others while having a load of $eet on themselves 😂
@@kevinswift8654And yet they are NOT spending enough money to consume more and more EVs Xi wants their factories to chug out. Now Xi has to force dump those evs onto the rest of the world.
Got back from China a few days ago, 1.4 billion people still alive, eat, drink and consuming, world class transportation, social and medical insurance, and rmb worth it, the China is just concentrating on itself and doing improvement. Wish American can concentrate itself too and do something good
Really? Is that why all my relative in shanghai have been complaining about the economy and losing wealth for years now? Sure, what choice do they have? They didn't get into a US university and wasn't able to immigrate when immigration was more open and easier before Xi took power.
Regrettably Ray Dalio have finally come clean, he has been and was a China bull since 3-years ago when he said the PRC was tanking since 4-years ago. Nett Nett, he uses Bloomberg to downplay his bullish hype about the PRC market for the past 4-years. No decent investors will ever trust him and his company ever again.
While I am not a billionaire, I figured out this entire country was a scam, a few years ago. I should be a billionaire too !!! oh well, I guess I should just be happy with being a straight thinking, honest person…. 😅
I do hope the Fed will cut interest rate by 25 basis points twice only. At the same time, I do really wish the global economy would be weaker and all the economic indicators would come out a lot worse than expectation. Thanks.
yes the rel issues are that they are so far ahead of the rest of the world technologically, infrastructurally, cleanliness, efficiency, enjoyment. etc etc !!!!!!
He also kept saying "cash is trash" months before and even during the beginning of cash earning 5% interest. The safest most liquid asset earning 5% and he was calling it trash for way too long before backtracking on that theory. Guy is a fool.
Everytime an "internet" program needs a doomsayer they roll out Dalio. I accept he made a lot of money but I bet it wasn't because of his predictions, he is almost always wrong.
Let me correct a little bit here. It is still glorious to be rich, but not glorious to be rich by using inside information or monopoly power. I think this is not much clearly explained or understood by many people.
It's absurd to listen to a foreign to analyse China's this or that. Never overestimate the CCP or Deng et cetra. At the same time, never underestimate the Chinese with 5,000 year civilisation. In the Chinese culture, especially Confucius (BC 551 - 479), to be rich would never amount to glorious.
You and your twisted logic...china is all for globalization unlike the protectionism the west is practising now with all this tariffs on EVs ,solar panels ,turbines etc.
Globalization needs a leader, it will be too difficult if China wants to take this role. In turn, it is working on a partial global union with some friendly countries.
Globalization?? Trade is a good thing for China and that's why US would keep on sanctions China if that would mean destabilising Chinese economy, it will be more and more sanctions.
As a nobody who watches UA-cam but also lived in china for a short time, I understood everything Dalio is highlighting here 10 years ago, the fact that he is realising this now after spending years telling us China is going to rule to world is telling of how even people at the top of their industries can be blinkered.
Attractively priced but with real issues. Be very careful. I’m not investing in China right now. If I were young with a long view, then maybe, if I could stand the risk and could be patient.
Without internal change, China is currently closing faster (to international business) than opening. That's their choice. Look at the reports from businesses on the ground, in China, from EU and US Chambers of Commerce.
"Back Tracking Dalio" -11pts this year.
EVERYONE IN THE USA IS SCARED...because, there is ANOTHER CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
you know shit is down when comrade Ray Dalio is talking smack about Chinese economy
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR and SUCKERS like Americans to keep propping up the US Ponzi~!
Excellent way to put it 😂
he is loading up stuff now.
Foreign investors want a secure return or guarantee before their capital floods into China. So, they give China a list of suggestions, and China checks the list, considering which areas of Chinese business need foreign investment and which terms of foreign investment are mutually beneficial, and then confirms the capital transaction deal. At this critical juncture, China's bankers and central bank regulators must be honest and ensure China's interests while also protecting the interests of foreign investors.--- this is shall be agreed win-win financial cooperation.
the great transaction begins.
in other words: "i wrote an entire book and went on tours to spew the fact that china was going to be the next #1 economy in the world so everyone will buy in while i sell everything; now that i'm divested enough from china, i can cause fud again"
long story short dalio just did a pump and dump
Yup. As I also just wrote in another comment:
I used to really (!) respect Dalio a lot, after his first book Principles. But I will never forget how he clearly and unambiguously recommended Schrodinger as an excellent investment. A few weeks later it tanked, and to me it looked A LOT like one or more big hedge fund(s) dumping. Could it be that Dalio / Bridgewater wanted to dump it on retail?
Perhaps the same is true here. He may be loading up BIG on China now while he's talking it further DOWN.
Bingo. Been saying this for years. The guy’s a fkn fraud.
What a scammer
Don't beat around the bush. Just say it simply "China not place for Oligarchy or capitalist,In capitalist countries, oligarchy rules the government, in communist countries the government rules the oligarchy.
You are correct
America cannot have real reform in its economy
Because the rich man would not allow it
And every thing they can get there communist, controlfreak tentacles on !! 💩
He's no longer carrying China's water?
He must finally be divested. He's probably been working on it for the past four years since that's when he said they started to have a problem
Things changed
Maybe I watch a lot of news, so if replacing X with any country ("'There Are Real Issues in X Now"), I can still see the relevance, and makes sense.
China doesn't need him....Chinese households have $16 Trillion saved vs US only has $900 billion! China has passed. the US since 2016 ...the next CHINA IS STILL CHINA~
EVERYONE IN THE USA IS SCARED...because, there is ANOTHER CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
I feel Ray is struggling a bit to find his words. Otherwise great points
Maybe it’s all intentional 😅
HONEST? OR, EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
He’s struggling because he doesn’t want to offend China and admit he was wrong in his book
@@visionaryremodelsllc2901 HE IS nervous because the CIA would put a bullet in him if he told the truth that China has surpassed the US economy since 2014!
Dalio is becoming my favourite contra indicator
He has a very eloquent way of saying China’s economy is kinda fucked.
I write crap half as rude and it always get deleted 😂
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR!
Every country’s economy had been fucked before, there will always be ups and downs. This is China’s first major recession. Smart rich people like him will find opportunities and get even richer.
If I had a dollar every time I heard that in the past 20 years lol.
傻逼
China is a great place to invest, but we have only a small part of our invesments there. LOL!
so funny
@@laurentb.8236 he was just trying to cover himself up
EVERYONE IN THE USA IS SCARED...because, there is ANOTHER CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
It's an incredible opportunity, but we inly have a small percentage of the portfolio because there is no rule of law and we could be dispossed of our assets as foreign ownership of lots of industries is actually against the law.
@@alexgamble4718 LOL..and US trying to force TIKTOK to sell to US corp. Tells the world, FB, X,etc ..USA is a regime w/ NO LAWs and will steal your inventions and corp if you don't push Israel and US propaganda!
He can't really say anything.
6.8 trillion USD wiped out in Shanghai and HK stock markets. 18 trillion wiped out in household wealth in the last 3 years. For perspective, that's almost the same size as the total GDP of China at 18.5 - 19 trillion USD and 6 times the size of its foreign reserves at 3 trillion USD.
USA upset the Chinese didn't bailout the real estate market! they are hoping the Chinese would do the same as we did...give handouts to the bankers, real estate developers, investors, and homeowners! USA loves to promote growth with DEBT DEBT DEBT! THUS, THE WORLD IS DUMPING US TREASURIES! EVEN OUR ALLIES! Don't worry about them...look at our commercial real estate...empty, empty, and empty! Our real estate and financial market is a ponzi con-my backed by toilet paper dollar. Most dangerous is mass daily shooting, homeless, and triggered divided country! YELLEN wen to China 3 times in 6 mos. IN 2024! begging them to NOT DUMP ANYMORE TREASURIES!~
This is short term pain for long term gain…. Everyone knows China has the real estate bubble and now they are fixing it.
You can’t let stock market and real estate be your drive force of the economy growth
@@Rapture77 where did the money go?
@@ms-dn5umI will let you know. Chips, AI, auto motive electricfication. Hydrogen fuel cell, fusion. I just come back from a trip. That is what I found out.
This is squeezing the bubble.
I clicked on this because I recall reading a book by him about how great China is and how it will be the next great world power.
@@lowbudgetpokemon and he's right. Look at how scared the US is about China and banning Huawei and AI. Lmao. That shows who is ahead.
They were going to be the next great world power but people aren’t as interested in investing in China as much as they were before
Things change mate. It once had a great opportunity to be great , to have political reforms and innovations creating real values and so on. But it has been going to a direction really no one had expected. We live in China really can’t believe that elementary school graduate Winnie the Pooh leading the whole country for life and constantly boasting himself while making shitty decisions.
So many people had trusted Ray Dalio and so many lost fortunes based on his advices about never ending Chinese growth... And now we suddenly hear - every country's economy works in cycles. Well, the very long negative cycle has just started in China.
Okay , so is your recommendation people invest in the never ending USA growth?
@@xfactor6099 100% not, the 2012-2024 growth of US equities has been totally artificial and I dont believe in it at all.
Pump and dump.
I agree with you
@@xfactor6099then make investment in China,stop talking,just do it😂
Bro, are you like 10 years late on this?
i have china is my all country world index.
We know this from ages ago.
The clown just wanted to sell book, he knew they were real estate heavy
If you sat out during 1980-2021, you would’ve been a cuck, not a winner.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
Apology NOT accepted, Mr. Dalio.
China economy is bad at 5% growth while usa econony is highest at 0.9% .
What upside down logic is this
"Is is still glorious to be RICH?" well, it's still the case in the view of the middle class and poor people, but not so in the eyes of the truely rich. Dalio is telling something closest to the true answer, much deeper than most analysts. Economy on the surface, roots in politics.
都没有人愿意当首富了
Isn’t this the top Chinese assets salesman, Mr Ray Comrade Dalio? How time has changed
As Chinese, I really appreciated his honest opinion.
I'm reporting you to the CCP Police for using Western media sources.
HONEST? OR, EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
CCP leadership has everything under control, the numbers speak for themselves.
this guy is waffling.
I read, more than 20 years ago, about Chinese people ploughing their life savings into the real estate sector, and how Chinese developers had until about 3-4 years ago overbuilt massively, with ghost cities appearing in many regions. It is stupefying that Mr. Dalio is NOW talking about problems with China's real estate sector.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR!
He said he only had a very little percentage of his investment in China. That means in the past few years, he said bullish views of China so he can sell and get out of China.
he's rightly pointed out that there are up and downs. Chinese government promptly (PROMPTLY) popped the property bubble and refused to re-fuel it to avoid bigger problem down the road. And the Chinese government is trying other means to "upgrade" their economy, esp. by heavily investing into cutting edge technologies like semi-conductors, green energy etc etc, but certainly NOT by QE and stimulus. So what Ray is saying that we should be patient and invest more wisely which i have to agree. Chinese government, without worrying about "elections", can do things a LOT more strategically and able to weather short term pains.
cant fix confidence and multiplier effects, certainly not with an authoritarian government that changes its mind on whether its glorious to be rich.
They literally propped the RE market up in 2008. And, 2016. They turbocharged the RE market.
You need to look at a stock chart for the HK index or the SSE. 15 years and no gains.
Is it me or anyone else noticing that almost everything around me in my house is made in China? This means China has a lot to offer the world.
Good comment - the "experts" we see on CNBC and mainstream Western media never talk about any of this. At least Dalio mentioned China's technological leadership. Comparing it to Japan in 1990 was off-base though.
Yes,they popped the real estate market on purpose by telling evergrande and other especially large real estate companies to hold more cash instead of leveraging. They knew it was too big and had to be popped and this was the way to do it.
Evergrande couldn't come up with real cash so they went belly up. I believe the govt is currently guiding evergrande to complete any unfinished apartments that people already put their deposit on.
As for us, we are going through a slow deflation that doesn't appear to be working to well either, but time will tell for both countries.
Ray Dalio showed his true color.
When Dalio is getting less optimistic about China, its time to gtf out.
This guy has been the biggest bull (openly) on China, he even wrote a popular book about it.
They are cooked. Take your money and run.
Exactly, it made zero sense why he was so bullish. Now he’s like dOnT PuT alL yOUr EgGs in iT
Those sections on China in A Changing World Order must be a little regrettable now.
It means western companies are losing china market share to chinese domestic brands. The west making less money in china due to competition
@@theonlycaulfieldyeah he completely fell flat on his face on that one
Too late
i have to say this man is very right about the Chinese current economy status.
This is the same
Guy who was betting against the U.S claiming China was going to be the new world leader 😂
He is still correct
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY! Ray, is pushing the FIAT DOLLAR!
@geraxhodon’t confuse stock market with composite national strength, dummy. The two aren’t tied.
@@tonyatgoogle6076yet he sold all his china assets
@geraxhoChina will be rich and world leader. Its just he and other oligarchs will extract leas money from xhina than before
So much for Ray saying China is poised to take over the US. Knew it wasn't true but its satisfying to see him backpedal like this.
China's economy will overtake the US, that part is inevitable regardless of the current situation.
2030-2033 China will surpass the US.
Good Job interviewing ...Thx
Housing market is not the whole economy.. innovation is the key and real. Housing investment only is for an economy with no innovation.
He’s only pointing that out because the Chinese value real estate above any other asset or investment…and the whole market went bust
@@lpplau China isnt going to bail out the developers. In 2008 US bailed out bankers and developers. Now who is more capitalistic???
It's true.
@@fubolibs4218yes. They rather use the money to build more j20, carriers and submarines. They punished greed. Many ppl bought several units before the crash. It is a fake growth. CCP punished millionaires
yep. real estate has never been an investment. it loses to inflation.
Don't you know by now that Ray Dalio is such a hypocrite?
he pushes whatever narrative he needs to for his hedge fund. Hypocrite implies he had an actual position, guy is like sand, he shifts with the wind, he just tries to trick people into shifting the way he wants to go.
@@Bigbudd0045 He was bullish on China based on historical data, but he never said that the Chinese government would not be so stupid to shoot themselves in the foot. Who can even predict the future?
Very interesting and informative. The way he said certain things leaves a lot of clues of what is going on from the perspective of one of the greatest bull market investors in China. For me he is saying we made our money there in China but now maybe it is time to look elsewhere.
I started investing in Chinese stocks this year, mainly Ali Baba and EV makers like BYD and Xpev, and so far they're all performing better than most of the American ETFs and stocks I've invested in.
Happy with their valuations and ultimately what these businesses are offering to their customers.
比亚迪已经从160元上涨至260元，我相信它在五年后会取代丰田的位置。
喜欢他真诚的分析。更希望他提出建言献策。
so in the past he seems pro china. and now?
😂😂😂 everyone get pay from the 1.4 billions . China collapses again, damn ! China collapses every years for the last 40 years.
Nice to see he finally caught up with Peter Zeihan.
Well, he is right. the issue is going on in China!
Issues are happening everywhere in the world not only in China
Chinese bots , help us😢
West bots get a brain and think rather than barking
CCP seems don’t got money to pay bots any more 😭
@@shiyoudaxue0546 bots think CPC controls everything, rabies dogs
props to the interviewer
There was tons of money to make in china in the last 20 years, but sooner or later the bubble burst.
Theres no bubble in china. The bubble is in the usa. Go check the multiples. At least know what you are talking about
@@logomo7 there's no bubble because it has burst. Bye bye 👋
How is the 35,000 billion dollar public debt not a bubble?
@@oceanwave4502 because it can be repaid
It burst in the US too, more than once in fact, since the turn of the millennium. And?
Property prices are going down. The government doesn't want property speculation. So speculators are not welcome.
China in mid & long time should still be good & will continue to grow. Still lots of smart entrepreneur in China . Not to mention so much hard working individuals.
Yes agreed China needs some adjustment & some restructuring. In fact, this is always the case in China as they keep reforming to suit the internal & external environment. The buzz words is “ deepening reforms “ . Still the super rich & middle classes are still growing even though they are hesitating to spend, this is indeed aligned to what’s happening in the world including USA. To me I think this is an opportunity as Ray said , cycle will go up & down . Catch it when it’s down . Means , good price . However, u need to be a long term player.
People only take a quick look and see that the moron who created all this mess is still in charge and getting increasingly hostile to its neighbors and the international community, they'll go "same old shit! I'll pass!" And they're right! That moron is still there and running things and barking at everyone like a rabid dog
These guys talk about China more than they talk about their own country
No real investor cares about China anymore. Every stock is a loser. I bought BIDU in 2010 and bailed a year later. Best decision ever. It's at a lower price than back then. BABA is barely over it's IPO price.
Their indices haven't moved in 15 years.
They also talk about your mom too
@@SumTingWong888Americans and Europeans 🤮your comment shows about your mindset
@@SumTingWong888 his mom is a mail order bride from Vietnam
@@jintaohu3743 that would be China. Chinese women love opening up happy ending massage parlor in western countries.
It's like the ex-GF who dumped you for some new guy, but then got cheated on and dumped by that guy, and now has come crawling back, saying "what are you talking about? I never dumped you... I just... went for a jog... a 20 year jog"
Is there a country without real issues?
But some people have more serious problems than others.
Yet two weeks later Chinese stock market 📈 having the biggest gains in years
OH ?
Ray wants to get in cheaper! Classic Wall Street
Yes. Like I also wrote in another comment:
I used to really (!) respect Dalio a lot, after his first book Principles. But I will never forget how he clearly and unambiguously recommended Schrodinger as an excellent investment. A few weeks later it tanked, and to me it looked A LOT like one or more big hedge fund(s) dumping. Could it be that Dalio / Bridgewater wanted to dump it on retail?
Perhaps the same is true here. He may be loading up BIG on China now while he's talking it further DOWN.
At the same time....the EVs are sold in +1 million a month....
The Chinese govt subsidises EV manufacturing though so it’s more cost effective to buy one in China versus anywhere else.
@@TheNotSoGreatGatsby The amount of subsidies as a percentage of the total is much less than the percentage that Europe and the U.S. have for automakers.
And China's subsidies are regardless of nationality, Tesla and Volkswagen, including Japanese car companies, as long as they meet the standards and Chinese car companies are the same subsidy standards.
The important thing is that the upstream and downstream industrial chains of batteries and automobiles, as well as the industrial chain of electronic products, are all in China, so you can easily integrate resources in China, followed by the use of large-scale industrial robots, which improves productivity and reduces the wage bill.
The cars from Tesla's Shanghai factory are the best quality of Tesla sedans, but at the lowest price.
Volkswagen closed its factories in Europe but expanded its factory investment in China, guess why.
You may not know that they are losing money every time they sell a car. Look at the financial report.
Gold better than cash to hold wealth in a deflation scenario. Chinese know this.
EVERYONE IN THE USA IS SCARED...because, there ARE OTHER CURRENCIES CHOICE in the world besides the FIAT DOLLAR! and they can't afford losing the FIAT DOLLAR AND THE USA PONZI CONOMY!
He has a very good understanding of what’s going on here in China. The issues are real. Two things I want to add on which also play key roles in the downfall of Chinese economy. 1 the huge amount of assets wether were gained legally or illegally by high class Chinese fled to the west. 2 the media war aiming at lowering Chinese FDI as much as possible
When I was quite young I was in business class on way to Asia. My seat mate was a big finance guy. At that age I had a hard time talking about finance, hedge funds (a new concept then), etc. At some point I asked him, in summary, how to the markets work.
He said: Money goes in to the market (asset). Prices go up. Money come out, prices go down. The trick is to get in before other money does and get out before other money does.
Ray is missing the point on China. Money is leaving in droves.
Hello hi sir and madam all the best and Good luck sir jai Jai Germany 🇩🇪 ❤
The biggest grifter, the new 21st Century snake oil man DALIO! His pump and dump is the stuff of legends!
Agree with Ray on most points but what is this about property right? What is he referring to? China must undergo economic reforms now, it had no choice. An economy that relies on endless real estate boom is unhealthy and not sustainable. People should get rich by their ability to create value and not through speculative investing in real estate or the stock market. The economy does not need to increase with endless consumption boom nor does it has to borrow to no end like the west. Instead, China is focusing on tech innovation and manufacturing which can create true value. The Era of easy money for speculators in China is over, the tech boom era has just begun and this is where the money is at.
The thing is once your money is in China, there is the risk you will never be able to recover it. The rules are different and can change any time. So, investors are the one risking their money.
@@zill8021 As it should be. In the US, the winners are always investors and speculators. In China, the ruling class says no.
@@zill8021but we can recover from western countries? I mean the entire west seized sovereign nation assets and spent the profits on lending to another nation (Ukraine)... Is there anything in the west that can be trusted anymore? Always complain about others while having a load of $eet on themselves 😂
@geraxho Look at stats of how many lifted out of poverty.
@@kevinswift8654And yet they are NOT spending enough money to consume more and more EVs Xi wants their factories to chug out. Now Xi has to force dump those evs onto the rest of the world.
"" NO Trust. NO Business "" 🎯
I think he means there are real issues in America Now.
Lol no
Got back from China a few days ago, 1.4 billion people still alive, eat, drink and consuming, world class transportation, social and medical insurance, and rmb worth it, the China is just concentrating on itself and doing improvement. Wish American can concentrate itself too and do something good
"Doing something good" is not in their vocabulary. 😅
Really? Is that why all my relative in shanghai have been complaining about the economy and losing wealth for years now? Sure, what choice do they have? They didn't get into a US university and wasn't able to immigrate when immigration was more open and easier before Xi took power.
Stop spreading Chinese propaganda!
lol, _social and medical insurance_
There is no social safety net in China.
Totally agree I am now in China Guangzhou city and I am shocked by the great infrastructure they have
Huh, thats so crazy Ray, weren't all in China before? hmm
Regrettably Ray Dalio have finally come clean, he has been and was a China bull since 3-years ago when he said the PRC was tanking since 4-years ago. Nett Nett, he uses Bloomberg to downplay his bullish hype about the PRC market for the past 4-years. No decent investors will ever trust him and his company ever again.
Ray's next Book:
"Why the US can never be beat"
He is a real expert on China much better than Gordan Chang.
Oh really Ray! Keep on holding on Ray! Say it ain’t so Ray!!
One of the largest Ghina bulls out there, doing the backtrack eh?
He changed his tone
Who doesn't face real issues?
He can barely talk.
Dalao should just admit that he was wrong about China.
There're rEAl questions here since(at least) 5k yrs ago, and I guess we're still living here
btw this video missed an important part: what's the price?
While I am not a billionaire, I figured out this entire country was a scam, a few years ago.
I should be a billionaire too !!!
oh well, I guess I should just be happy with being a straight thinking, honest person…. 😅
the entire country? lol
He said China would become #1. What happened?
The past 4 years
When a long time China bull expressed his concerns, that means there are huge problems in China. US business should be very conservative in China.
我觉得说得很中肯
I do hope the Fed will cut interest rate by 25 basis points twice only.
At the same time, I do really wish the global economy would be weaker and all the economic indicators would come out a lot worse than expectation. Thanks.
yes the rel issues are that they are so far ahead of the rest of the world technologically, infrastructurally, cleanliness, efficiency, enjoyment. etc etc !!!!!!
Exactly 💯
He also kept saying "cash is trash" months before and even during the beginning of cash earning 5% interest. The safest most liquid asset earning 5% and he was calling it trash for way too long before backtracking on that theory. Guy is a fool.
Everytime an "internet" program needs a doomsayer they roll out Dalio. I accept he made a lot of money but I bet it wasn't because of his predictions, he is almost always wrong.
he talks about restructuring so what would be his suggestion to restructure? waiting for his brilliant suggestions
He is saying you can still invest in China but keep the investment small as risks are mounting
Yet Yellen continuously fly to China begging for money. Right!
Let me correct a little bit here. It is still glorious to be rich, but not glorious to be rich by using inside information or monopoly power. I think this is not much clearly explained or understood by many people.
Why is an interviews leaning so close towards him. weird
@@fabrifibraa thought as much 😂
Is anyone a teency bit concerned that pete diddy described ray dalio as his mentor?
It's absurd to listen to a foreign to analyse China's this or that. Never overestimate the CCP or Deng et cetra. At the same time, never underestimate the Chinese with 5,000 year civilisation. In the Chinese culture, especially Confucius (BC 551 - 479), to be rich would never amount to glorious.
For China to win Gobalization must win, China doesn't want globalization to win and so it makes it's life far harder, not impossible.
You and your twisted logic...china is all for globalization unlike the protectionism the west is practising now with all this tariffs on EVs ,solar panels ,turbines etc.
Globalization needs a leader, it will be too difficult if China wants to take this role. In turn, it is working on a partial global union with some friendly countries.
Globalization?? Trade is a good thing for China and that's why US would keep on sanctions China if that would mean destabilising Chinese economy, it will be more and more sanctions.
And there are no “ real issues now” in the western countries….and therefore “restructuring” is not necessary?
1.6b in effect? Everyone scrambling on it 😮
As a nobody who watches UA-cam but also lived in china for a short time, I understood everything Dalio is highlighting here 10 years ago, the fact that he is realising this now after spending years telling us China is going to rule to world is telling of how even people at the top of their industries can be blinkered.
Exactly. Wth.
Ray dalio- never been to china
US based trade is down
But non us dollars trade is high highbhigh
y is this lady so up tight
Attractively priced but with real issues. Be very careful. I’m not investing in China right now. If I were young with a long view, then maybe, if I could stand the risk and could be patient.
Sing the bright tune of the Chinese economy and these are no problems, materialism at its finest.
China ❤️
Y'all didn't believe Dalio when he was bullish on China. Now that he's not, you all believe him now. Hypocrites
Without internal change, China is currently closing faster (to international business) than opening. That's their choice. Look at the reports from businesses on the ground, in China, from EU and US Chambers of Commerce.
And the USA doesn't need internal change?
@@xfactor6099 at least they're open
@@jonathanrodriguez8219 yeah, open to corruption, cronism, lobbyist, ....
@@jonathanrodriguez8219 even a prostitute is open
Did this dude say China was going to replace US as #1 very recently?
The manufacturing power of China is greater than the America
Well well well, after 10 years Ray you do a complete 180. I wonder why you suddenly chose to accept the reality in China.
Onya champ “A very atttractively priced place which now has a lot of questions regarding the issues I have just referred to…”
He’s saying get out now. But if you are getting in, let me do it for you. I’m happy to earn the fees from you.
He made the case it’s a horrible place to invest
Is this the point in 2024? Why did Ray look upon China Economy in 2022 and 2023,and slam it on 2024 fall?
ray you can't even speak a sentence without saying UMMM
for the longest time, this guy has been saying china will dominate the world
The manufacturing power of China is number one in the world
If what Ray says is true, China is going to have a tough time. The negative wealth effect.