If his Chinese connections are biasing his views then maybe this video is just a clever shill to get us to buy out his Chinese investments before they tank due to all the corruption and self-defeating policies like one child.
I don’t think we like to hear it as “supporting the rich”, but conservatives are pro-capitalism, pro-small business, against regulations... which _tend_ to favor the rich and/or becoming rich. And most conservatives don’t agree with “taxing the rich” to solve economic problems.
The one child policy was started in 1980 and ended in 2016. Maybe China will collapse (perhaps due to not enough women from the one child policy) but I wouldn’t count them out.
China plays the long game and makes a lot of smart decisions. Betting against them is not wise— and they’ll soon control Taiwan and most of the world’s chip manufacturing.
One of these days, maybe in the very near future, we are going to be in the same situation with China as we are now with Russia.
China invades Taiwan, will the Western World go crazy and put the same type of sanctions on China as they are trying to do with Russia ??
For example, will the NBA condemn China, will Hollywood stop censoring their movies based on what China tells them is unacceptable, will Wall Street pull their investments, etc...
Dalio IMO, is like a lot of very rich and powerful people, they would love to have the power of the CCP, just order people around because of their elite status, they know better than the masses...
People like Dalio are intoxicated by the money, China potentially has and the ability to order things to happen on a societal level.