Ray Dalio Warns China: Fix Debt Now or Risk a 'Lost Decade' 🚨

Billionaire investor Ray Dalio warns that China's unresolved debt crisis could lead to a decade of economic stagnation. Learn what steps are needed to avoid this outcome.

Benzinga259 views1:25

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Ray Dalio, the billionaire founder of Bridgewater Associates, has cautioned that China could face a “lost decade” if it doesn’t address its debt issues.

What Happened: Dalio echoed Chinese President Xi Jinping‘s prediction of a “100-year period of unprecedented change” and advised China to manage its debt problem in a post on LinkedIn.

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259

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Duration
1:25

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Published
Mar 28, 2024

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