Rising Powers, Historical Patterns
Ray discusses the parallels between today's rising power of China and historical challenges posed by nations like Germany and Japan. He highlights the Thucydides Trap and the tendency for conflicts to arise when a new power threatens an existing one, noting that out of 16 historical instances, 12 resulted in wars. The conversation emphasizes the importance of understanding these patterns as we navigate the complexities of global relations today.In this clip
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Ray Dalio Live (Replay) with Barry Ritholtz (Podcast)
Related Questions
How did rising powers impact history?
Is China becoming a global power as discussed in the episode Cold War II: China Tech vs. US Tech and the clip Power Shifts, as well as in the episode State of Play: Geopolitics, US Foreign Policy, and NATO Enlargement — with Jeffrey Sachs, and in the clip US-China Relations Shift?
Is China becoming a global power as discussed in the episode Cold War II: China Tech vs. US Tech and the clip Power Shifts, as well as in the episode State of Play: Geopolitics, US Foreign Policy, and NATO Enlargement — with Jeffrey Sachs, and in the clip US-China Relations Shift?