Bridgewater founder Dalio prefers China investments over US

Some forthright views from Dalio, in summary:

printing of money and buying of debt assets has driven interest rates so low that cash and bonds are stupid to own,
“There is great internal conflict going on in the United States now, which makes it a risky place,” he wrote. “For example, it is entirely possible that neither side will accept losing the 2024 election.”
“I think one should consider minimizing one’s ownership of cash and bonds in dollars, euros, and yen (and/or borrow in these) and putting funds into a highly diversified portfolio of assets, including stocks and inflation-hedge assets, especially in countries with healthy finances and well-educated and civil populations that have internal order.”

Dalio’s positive views on China are well known, but still … wow.