Mr Munger said his optimism on Chinese opportunities had moderated, but he considered it an essential trading partner.
“Almost every capitalist is less enthusiastic about China than they were a year ago but I am not despairing about China at all. I don’t think we are going to have a war, and if we don’t have that then the only thing to do is to get along with China.
Nothing could be more crazy — for either China or the United States — than not getting along with the other.”
「Ray Dalio is brilliant and a friend, but his feigned ignorance of China’s horrific abuses and rationalization of complicit investments there is a sad moral lapse. Tragically, it is shared by far too many here and throughout the free world.」
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