Dire warning as US-China conflict could be ‘on the brink’ of war

Published

2 years ago

April 28, 2023

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close video There’s ‘no reason to think’ US is on ‘brink’ of war with China: Zack Cooper

American Enterprise Institute senior fellow Zack Cooper argues billionaire investor Ray Dalio is worried about potential restrictions on U.S. companies putting money into China.

After American billionaire Ray Dalio returned from his China trip with grim warnings, policy experts are chiming in on "the scale of the threat" the Communist Chinese Party poses to national security.

Through his LinkedIn profile, Dalio published an article focusing on the "great power conflict" and what’s going on with China. He claimed the piece is informed by two recent visits to Beijing where he spent a total of 13 days.

"The United States and China are on the brink of war and are beyond the ability to talk," Dalio wrote. "I want to emphasize that by saying that they are on the brink, I don’t mean to say that they will necessarily go over the brink. I mean to say that they are very close to crossing red lines that, if crossed, will irrevocably push them over the brink into some type of war that damages these two countries and causes damage to the world order in severe and irrevocable ways—like Russia’s invasion of Ukraine did for Russia and the world, just much bigger."

Dalio founded the world’s largest hedge fund firm which manages $124 billion, according to Forbes. The billionaire has been criticized for his financial exposure to the Chinese government. In 2021, Dalio equated human rights abuses in China to racism in America, and rhetorically asked whether or not he should still be investing in the United States.

BIDEN'S ENERGY SECRETARY MAKES ‘IMPORTANT ADMISSION’ OVER U.S. MONEY FLOW TO CHINA AFTER PRESSED BY G.O.P. SENATOR

American Enterprise Institute senior fellow Zack Cooper disagreed with Dalio’s assessment on "Mornings with Maria" Friday, claiming the billionaire’s comments don’t line up with information from U.S. officials.

Ray Dalio, founder of Bridgewater Associates LP, issued a grim warning over US-China relations through an article posted on his LinkedIn page. (Getty Images)

"I just don't think he's right. I actually think that what we've seen, as U.S. officials say recently, including the head of the Indo-Pacific command, that, yes, we have to be worried about a conflict, but that they don't see what's happening in the near term," Cooper said. "There's no reason to think we're on the brink of war right now."

However, other expert analysis has corroborated Dalio’s warning of looming conflict, including Atlas Organization founder Gordon Chang who argued war could "very well" break out before 2025.

"When you have China engaging in dangerous intercepts of the U.S. and other militaries in the region, anything can happen. And we have a military that is not prepared to deal with the probable scenarios," Chang previously told host Maria Bartiromo. "General Mike Minahan on that January 27th leaked memo talked about war with China in 2025… Well, it could very well be before that."

Though Cooper further expressed doubt that there’s a firm timeline for any U.S.-China conflict, he said Dalio’s concerns are likely not about American defenses.

GET FOX BUSINESS ON THE GO BY CLICKING HERE close video Gordon Chang: China is making fast preparations for war and the Pentagon has decided not to notice

Gatestone Institute senior fellow Gordon Chang unpacks various actions from the Chinese which threaten U.S. national security on Mornings with Maria.

"I think what Dalio's probably worried about is that there are going to be restrictions on U.S. investors that are putting money into China, especially into areas that have dual-use implications that could go into high-end computing, that could eventually help the Chinese military," Cooper said.

"And I think there is going to be real restrictions coming out of both the White House and Congress that will affect investors like Dalio."

World

Bob Geldof accuses Israeli authorities of ‘lying’ about starvation in Gaza

Published

47 mins ago

July 26, 2025

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Bob Geldof accuses Israeli authorities of 'lying' about starvation in Gaza

Bob Geldof has accused the Israeli authorities of “lying” about starvation in Gaza – after Israel’s government spokesperson claimed there was “no famine caused by Israel”.

Earlier this week, David Mencer claimed that Hamas “starves its own people” while on The News Hour with Mark Austin, denying that Israel was responsible for mass hunger in Gaza.

Appearing on Sunday Morning with Trevor Phillips, Geldof said the claims are false.

Follow latest: Gaza aid airdrops a ‘smokescreen’ and ‘distraction’, says UN agency chief

Mr Phillips asked the Live Aid organiser: “The Israeli view is that there is no famine caused by Israel, there’s a manmade shortage, but it’s been engineered by Hamas.

“I guess the Israelis would say we don’t see much criticism from your side of Hamas.”

In response, Geldof said “that’s a false equivalence” and “the Israeli authorities are lying”.

The singer then added: “They’re lying. [Benjamin] Netanyahu lies, is a liar. The IDF are lying. They’re dangling food in front of starving, panicked, exhausted mothers.

“And while they arrive to accept the tiny amount of food that this sort of set up pantomime outfit, the Gaza Humanitarian Front, I would call it, as they dangle it, then they’re shot wantonly.

“This month, up to now, a thousand children or a thousand people have died of starvation. I’m really not interested in what either of these sides are saying.”

In the interview with Mark Austin on 23 July, Mr Mencer added: “This suffering exists because Hamas made it so. Here are the facts. Aid is flowing, through the Gaza Humanitarian Foundation. Millions of meals are being delivered directly to civilians.” He also claimed that since May more than 4,400 aid trucks had entered Gaza carrying supplies.

It comes after MSF, also known as Doctors Without Borders, warned 25% of young children and pregnant women in Gaza are now malnourished.

The charity said Israel’s “deliberate use of starvation as a weapon” has reached unprecedented levels, and said that at one of its clinics in Gaza City, rates of severe malnutrition in children under five have trebled over the past two weeks.

MSF then called the lack of food and water on the ground as “unconscionable”.

In a statement to Sky News, an Israeli security official said that “despite the false claims that are being spread, the State of Israel does not limit the number of humanitarian aid trucks entering the Gaza Strip”.

It then blamed other groups for issues delivering aid. They said: “Over the past month, we have witnessed a significant decline in the collection of aid from the crossings into the Gaza Strip by international aid organisations.

“The delays in collection by the UN and international organisations harm the situation and the food security of Gaza’s residents.”

The IDF also told Sky News: “The IDF allows the American civilian organisation (GHF) to distribute aid to Gaza residents independently, and operates in proximity to the new distribution zones to enable the distribution alongside the continuation of IDF operational activities in the Gaza Strip.

“Following incidents in which harm to civilians who arrived at distribution facilities was reported, thorough examinations were conducted in the Southern Command and instructions were issued to forces in the field following lessons learned.

“The aforementioned incidents are under review by the competent authorities in the IDF.”

You can watch the full interview on Sunday Morning with Trevor Phillips at 8.30am tomorrow.

Environment

Honda takes a page from Tesla playbook, launches new insurance business

Published

1 hour ago

July 26, 2025

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Honda takes a page from Tesla playbook, launches new insurance business

Honda launches in-house insurance agency for U.S. drivers

Say what you will about Elon Musk, but Tesla has changed the way that millions of people buy cars and, by extension, car insurance. Now, Honda is taking a page from Tesla’s successful playbook and launching its own in-house insurance business. Enter: Honda Insurance Solutions.

Honda Insurance Solutions is being launched as a fully licensed insurance agency serving the insurance needs of Acura and Honda customers, but it’s not stopping at competitive pricing and coverage options for Honda cars and motorcycles. Honda Insurance Solutions promises to go several steps beyond Tesla’s offering with coverage for trailers, RVs, homes, and even pets.

“Honda Insurance Solutions offers customers access to coverage through a brand they know and trust,” says Petar Vucurevic, President, American Honda Insurance Solutions, LLC and Senior Vice President, American Honda Finance Corporation. “Insurance is a key touchpoint in the vehicle ownership journey, and we aim to deliver a superior experience tailored to the unique needs of each customer, while promoting safer driving and increased peace of mind on the road.”

The company says the launch of its new insurance business is just part of Honda’s broader digital vehicle sales platform strategy, with future plans to integrate insurance offerings into new products.

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Electrek’s Take

It’s important to note some of the key differences between Honda’s insurance offering and Tesla’s. Honda isn’t offering discounts, they’re not bundling insurance premiums into the vehicle financing, and they’re not building their insurance offerings into their dealerships’ checkout/F&I offices. Not yet, anyway.

What Honda is doing right now is deepening relationships with its existing customers and finding ways to make money on products it hasn’t sold them – whether that’s the Harley parked in the garage next to their Prologue or the garage itself.

It’s a smart play. And, once Honda figures out a way to cut franchise dealers out entirely and go to a direct sales model, it’ll look even smarter.

SOURCE | IMAGES: Honda.

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