Hedge Funds
When? Who knows! : Billionaire hedge fund manager Ray Dalio said Thursday that there’s a 50% change of a world war happening imminently. Dalio argued the outbreak of “hot wars” between Russia and Ukraine, Hamas and Israel “should raise revulsion and fear in everyone,” which is understandable. But it is the threat of a similar escalation between the U.S. and China that seems to be looming, which would throw the entire world into a state of hot warfare.

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