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RE: Ray Dalio's Principles For Dealing With The Changing World Order

in LeoFinance3 years ago

This is a great point. All of the economies being interconnected, any serious problems with US dollar and its economy would create problems to other countries as well. Fall of USD could even mean fall of all fiat systems around the world. China's economic success was partly to their ability to produce anything and everything and sell them everywhere. There are many more countries using the same strategy now and China has many competitors. Without these global marketplace Chinese economy would have difficulties too. I guess that can be said about any economy.