A few years ago a viral video by ray dalio explained how the USA empire is coming to an end and how china is about to takeover. He had the video translated in m

A few years ago a viral video by ray dalio explained how the USA empire is coming to an end and how china is about to takeover. He had the video translated in many languages. He was a big believer in china's upcoming reign, funny that he'd take the opportunity to exit all his positions in china... fleeing china with impossible speed. Right before china implemented capital flight controls. funny thing happened as well. eu and north america basically cut ties with china. a very large amount of debt was taken on to make china irrelevant. ironically, the debt is the justification for usa's demise. But now china is also having a major demographics collapse from their 1 child policy and they've fallen into a wealth of nations trap. China will escape from middle income development, but china was plundered and its going to take awhile for them to recover.