US billionaire explains why sanctions against Russia backfired ...News

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US billionaire explains why sanctions against Russia backfired
source : Russia Today ( News ) () 40
They are pushing countries away from US investments, according to Ray Dalio Washington’s sanctions against Moscow are forcing other countries to cut their investments in the US for fear of becoming the next target, billionaire hedge fund manager Ray Dalio said in an interview with German newspaper Der Spiegel. When asked about anti-Russia sanctions, the founder of the world’s largest hedge fund Bridgewater Associates said the measures are failing, but there are no other options available to Washington. “Sanctions are the only weapon the US can use. So far, the decline in Russia's gross domestic product has been ar

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