雷·達利奧（Ray Dalio）警告世界上的世界“邊緣”

貿易緊張局勢通過加劇僵局和不可持續的貿易失衡來破壞貨幣，政治和國際世界秩序

Legendary investor Ray Dalio has said that the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions.

傳奇投資者雷·達利奧（Ray Dalio）表示，全球貨幣秩序的“邊緣”正在崩潰，特朗普政府的關稅中斷正在加速。

This is fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund Bridgewater Associates, said in an April 28 X post.

對沖基金Bridgewater Associates的前首席執行官Dalio在4月28日的X郵報中說，這是通過加油和不可持續的貿易失衡來破壞貨幣，政治和國際世界的秩序。

The trade tensions are also leading to irreversible damage, and an increasing number of importers and exporters, particularly between the US and China, are drastically reducing interdependencies and “making alternative plans,” he added.

他補充說，貿易緊張局勢也導致了不可逆轉的損失，越來越多的進口商和出口商，尤其是在美國之間的中國之間，正在大大降低相互依存關係並“制定其他計劃”。

America’s role as the world’s largest consumer of manufactured goods and the largest debt issuer is looking increasingly unsustainable, and the idea that trade partners would continue selling to the US and receive dollars was “naive thinking,” Dalio said.

達利奧說，美國是全球最大的製造商品消費者，最大的債務發行人看上去越來越不可持續，而貿易夥伴將繼續向美國出售並獲得美元的想法是“天真的思維”。

As a result, more countries may increasingly bypass the US by forming new trade networks that rely on alternative currencies.

結果，越來越多的國家可能越來越多地繞過美國，形成依靠替代貨幣的新貿易網絡。

While Dalio didn’t suggest which monetary alternative would eat into the dollar’s dominance, he has championed “hard money” assets like Bitcoin (BTC) and gold during times of global uncertainty.

儘管達利奧（Dalio）並沒有建議在全球不確定性時期，他倡導了諸如比特幣（BTC）和黃金之類的“硬錢”資產，但他卻倡導了“硬錢”資產。

Less fighting, more coordination

更少的戰鬥，更多的協調

The billionaire called for more calm and coordinated action from the US to address the trade imbalances and become more self-sufficient.

億萬富翁呼籲美國採取更加平靜和協調的行動來解決貿易失衡，並變得更加自給自足。

Dealing with the US government debt problem head-on would lead to much better results than the “path that we appear to be on,” Dalio said.

達利奧說，處理美國政府債務問題將帶來比“我們似乎正在採取的道路”的結果要好得多。

The investor advised those in finance and politics to redirect their attention away from day-to-day market moves and policy announcements to deal with these “big fundamental changes” in world order.

投資者建議財務和政治領域的人將注意力轉移到日常的市場轉移和政策公告中，以應對世界秩序中的這些“重大基本變化”。

China has been hit hardest by the Trump administration’s tariffs, with a 145% duty on all imports, while the US’ neighbors, Canada and Mexico, were slapped with a 25% tariff on most goods.

中國對特朗普政府的關稅受到了最大的打擊，所有進口的職責為145％，而美國的鄰國，加拿大和墨西哥對大多數商品的關稅25％。

Several key Bitcoin mining manufacturing countries, such as Thailand, Indonesia and Malaysia, have also been hit with respective rates of 36%, 32% and 24%, which has already impacted machine imports into the US.

泰國，印度尼西亞和馬來西亞等幾個關鍵的比特幣採礦製造國也因各自的36％，32％和24％的速度受到打擊，這已經影響了機器進口到美國。