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Ray Dalio Live (Replay) with Barry Ritholtz (Podcast)

Masters in Business

00:00

The Globalization of Capital Markets

In Kennedy's book, each of the great powers became global powers by expanding beyond their borders. What do you make of the current de-globalization that seems to be taking place in the U.S., UK and elsewhere? Well, I think we're talking about two different things. In those cases, there wasn't so much the globalization, there was the globalization of those countries. Right. Just like the globalization of China, we're now seeing the one belt one road. We're seeing investments all around the world. That's, that's carrying that forward.

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