Investors worry about threat of US-China war

 Fox Business:

After American billionaire Ray Dalio returned from his China trip with grim warnings, policy experts are chiming in on "the scale of the threat" the Communist Chinese Party poses to national security.

Through his LinkedIn profile, Dalio published an article focusing on the "great power conflict" and what’s going on with China. He claimed the piece is informed by two recent visits to Beijing where he spent a total of 13 days.

"The United States and China are on the brink of war and are beyond the ability to talk," Dalio wrote. "I want to emphasize that by saying that they are on the brink, I don’t mean to say that they will necessarily go over the brink. I mean to say that they are very close to crossing red lines that, if crossed, will irrevocably push them over the brink into some type of war that damages these two countries and causes damage to the world order in severe and irrevocable ways — like Russia’s invasion of Ukraine did for Russia and the world, just much bigger."

Dalio founded the world’s largest hedge fund firm, which manages $124 billion, according to Forbes. The billionaire has been criticized for his financial exposure to the Chinese government. In 2021, Dalio equated human rights abuses in China to racism in America, and rhetorically asked whether or not he should still be investing in the U.S.
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"When you have China engaging in dangerous intercepts of the U.S. and other militaries in the region, anything can happen. And we have a military that is not prepared to deal with the probable scenarios," Chang previously told host Maria Bartiromo. "General Mike Minahan on that January 27th leaked memo talked about war with China in 2025… Well, it could very well be before that."

While Cooper further expressed doubt that there’s a firm timeline for any U.S.-China conflict, he said Dalio’s concerns are likely not about American defenses.
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Gordon Chang: ‘China is making fast preparations for war and the Pentagon has decided not to notice’

Gatestone Institute senior fellow Gordon Chang unpacks various actions from the Chinese which threaten U.S. national security on ‘Mornings with Maria.’
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The Biden administration certainly does not seem prepared for such a war if it comes.  It has continued to trade with China despite the warnings.  Hunter and Joe Biden both apparently profited from a transaction with China.