Ray Dalio warns that 'capital wars' could follow Trump's actions, with countries dumping U.S. assets

Dalio said history offers multiple examples of similar episodes in which economic conflict escalated beyond trade into capital flows and currency disputes.

# Ray Dalio warns that 'capital wars' could follow Trump's actions, with countries dumping U.S. assets Dalio said history offers multiple examples of similar episodes in which economic conflict escalated beyond trade into capital flows and currency disputes. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/20/ray-dalio-fears-capital-wars-could-follow-trumps-actions-with-countries-dumping-us-assets.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*