American billionaire told how the West hurt itself by imposing sanctions against Russia

American billionaire Ray Dalio said that the sanctions imposed by Western countries against Russia hit the West and the United States, worsening Washington’s position in international politics.

In an interview with Spiegel magazine, the billionaire believed that this was due to the reaction of other countries that became afraid to invest in US securities and bonds.

“The West itself is suffering from these sanctions,” Dalio added. “Many countries are seeking to substantially get rid of US government bonds because they fear that they will be treated the same way as Russia. It changes the worldview.” balance of power around the world.

Ray Dalio, who is considered a major American investor, stressed that anti-Russian measures are ineffective because they have not achieved their goals.

But, in his opinion, there was no other way for the United States to act against Russia, because economic sanctions are the only available weapon that countries can use against Moscow.

Source: RIA Novosti

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