Ray Dalio: Is China the New Japan & Germany? History Repeats!
And so uh when we had the smooth holy tariff and we had uh uh Japan rising as a power, Germany rising as a power in much the same way as China’s rising as a power, we had a situation where there were economic rivalries out in Asia. Yeah.
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📋 Explore historical economic rivalries with Ray Dalio! We compare today’s rising powers like China to past events such as the Smoot-Hawley Tariff, examining parallels with Japan and Germany. Understand the impact of economic tensions on global dynamics. #RayDalio #EconomicRivalry #SmootHawleyTariff #ChinaEconomy #GlobalEconomics #HistoricalParallels #RisingPowers #EconomicHistory #CNBC #FinancialAnalysis
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History repeating itself 🎉