HuntTown

Ray Dalio’s recent post offers important insights into the current economic order and is well worth reading.
https://x.com/RayDalio/status/1909296189473693729

I’d like to focus on the part where he discusses the existing economic dynamics:

> So, the old monetary/economic order in which countries like China manufacture inexpensively, sell to Americans, and acquire American debt assets, and Americans borrow money from countries like China to make those purchases and build up huge debt liabilities will have to change.

Traditional economists often view this model as creating a more efficient system by leveraging free trade—manufacturing goods where it’s cheaper and selling them to wealthier consumers. This model assumes no external disruptions to economic efficiency. However, Dalio highlights that recent years have shown external factors increasingly impact economic efficiency, suggesting a reevaluation of this traditional model.

Ray Dalio

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