On April 8, Dalio, a billionaire hedge fund manager and founder of Bridgewater Fund, issued a statement saying that although the current market and economy focus on tariffs is important, deeper global issues should not be ignored. He noted that we are in the "classic collapse" phase of the monetary, political and geopolitical order, which may only happen once in our lifetime, but has occurred many times in history.
Dalio advises not to be distracted by short-term events such as tariffs, and should pay attention to the interactions of the five major forces (economic, political, geopolitical, natural, and technological). Studying similar cycles in history (such as currency crises, etc.) can help predict the future.
"The current change is part of a historic cycle, tariffs are just appearances, and the real driver is the structural collapse of the monetary, political and geopolitical order. Only by understanding the interaction of these forces and learning historical experiences can we better deal with the future."
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