#China is integrating the energy rich regions fast into its sphere of influence. The good ol' days of the European model of plundering ressources by force seem to be over...
China & Iraq Begin Construction Of New City Near Baghdad
https://www.zerohedge.com/geopolitical/china-iraq-begin-construction-new-city-near-baghdad
Discussion
Ray Dalio is right about the fall and rise of empires. But also wrong about Bitcoin.
I think he gets it partially.
He said he is heavily invested in China, so I would expect him to only spread stuff that supports his investments and satisfies the Chinese government.
Maybe behind the scenes, he is already stacking, just like everyone one else who opposes Bitcoin in public but are fomo buying secretly.
He clearly has close ties to China. But he's not the only one if You remember Xi's great circus in Commiefornia and the dinner afterwards.