Ray Dalio likens U.S. restrictions on China tech exports to embargo before Pearl Harbor

The U.S. embargo on Japan, which was first brought into force on Aug. 1 1941, is widely understood to have heightened tensions between the two countries and acted as a prelude to the Japanese empire’s attack on Pearl Harbor in December that year. Dalio argued the United States and Western powers are now seeking to contain China’s growth, in a similar manner to the way the U.S. sought to contain Japan, due to the growing threat the rising... + full article