We’re entering a period of history where countries must be much more self-sufficient.
Not just because of the debt and trade issues — and those imbalances are unsustainable — but also because of security.
With today’s geopolitical instability, a country like the U.S. can’t afford to be be dependent on imports from countries like China.
As a result, restructuring our trade relationships is critical and necessary.
At least, that’s what it looks like through my eyes. I’m curious to hear if you agree.
#raydalio#howcountriesgobroke#geopolitics