Ray Dalio on the 2020 election

If I was to take both parties we’ll have large deficits and monetization.  Both parties will have an aggressive China policy, I think.  But one party will be more capitalist and let’s say favor asset holders. One will be more left and favor redistribution.  

[Capitalists] understand productivity and so on, but they don’t know how to divide the pie that well.  And socialists or those that are more of the left have a problem producing as much the increase in productivity. 

~ Ray Dalio, "Why billionaire investor Ray Dalio hates cash and bonds, and says the election won’t change his view on the economy," MarketWatch.com, by Steve Goldstein, October 28, 2020