Dalio: Neutral countries prosper economically in wars while winners and losers suffer
Ray Dalio · WTF Is Wealth? Ray Dalio Breaks It Down w/ Nikhil Kamath | WTF is Finance Ep 2 · Nikhil Kamath · Dec 20, 2025 · at 1:04:04
Bridgewater founder Ray Dalio explains geopolitical strategy and the value of neutrality during global conflict cycles to Nikhil Kamath.
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“Because if you look at the history of wars and so on, there are winners of the wars, losers of the wars, and neutral countries. The winners of the wars lose, meaning they still get deeper in debt and they have the consequences of the wars. The losers of the wars get wiped out. They lose everything. And the neutral countries prosper from the wars. Even, that's how they accumulate money, and they don't have that problem. And so it's always better to operate that way.”
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