The world is facing threats not of a cold war or just a trade war, but a capital war where money is being weaponized, according to billionaire hedge fund manager Ray Dalio. He suggested one asset would be the safest to invest in during volatile times.
The Bridgewater Associates founder said in an interview at the World Governments Summit in Dubai on Tuesday the world is on the cusp of widespread conflict where—instead of ammunition—countries attack each other through the means of controlling the flow of money, such as leveraging debt ownership.
