‘The world order has broken down’: Ray Dalio flashes warning signal over ‘law of the jungle’ era — protect your wealth

“Protecting one’s wealth in times of war is difficult, as normal economic activities are curtailed, traditionally safe investments are not safe, capital mobility is limited and high taxes are imposed when people and countries are fighting for their survival,” he wrote.As a longtime student of history, Dalio noted that managing money during periods of conflict has never been straightforward.Dalio cautioned that the international order now resembles the “law of the jungle” more than a system governed by inter ...