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

Dalio said history offers multiple examples of similar episodes in which economic conflict escalated beyond trade into capital flows and currency disputes.

Jan 20, 2026 2

Ray Dalio warns that 'capital wars' could follow Trump's actions, with countries dumping U.S. assets
Dalio said history offers multiple examples of similar episodes in which economic conflict escalated beyond trade into capital flows and currency disputes.
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