Ray Dalio warns that ‘capital wars’ could follow Trump’s actions, with countries dumping U.S. assets

Key Points

Ray Dalio told CNBC he is concerned that countries holding large amounts of U.S. dollars and Treasurys may become less willing to finance U.S. deficits if trust erodes.
At the same time, the U.S. continues to issue large volumes of debt, creating a problematic situation if confidence weakens on either side, Dalio said.

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