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    Sparks Fly At Bridgewater Over Dalio's Pro-China Stance

    December 5, 2021
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    7 November 2018; Ray Dalio, Founder, Co-Chief Investment Officer & Co-Chairman, Bridgewater Associates on the Forum Stage during day two of Web Summit 2018 at the Altice Arena in Lisbon, Portugal
    Image by Web Summit

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    American attitudes towards China remain extremely mixed (and apparently stratified by 'wealth'). As we first noted some time ago, Negative views of China have increased substantially since 2018: "Today, 67% of Americans have “cold” feelings toward China on a “feeling thermometer,” rating the country less than 50 on a 0 to 100 scale. This is up from just 46% who said the same in 2018."

    The picture is very different on the corporate side of America with most recent examples including Jamie Dimon flip-flopping and bending the knee to Beijing about a 'joke', NBA and LeBron James ignoring Enes Kanter Freedom's warnings about Uyghur genocide, and Ray Dalio - founder of the world's largest hedge fund - who this week drew an odd equivalence between China and US when asked about investing in the communist nation amid human-rights' abuses:

    “I look at the United States, and I say, well, what’s going on in the United States and should I not invest in the United States” because of “our own human-rights issues, or other things?”

    To read more visit Zero Hedge.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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