“People DON’T KNOW What’s Coming!” Prepare For The CHANGING WORLD ORDER | Ray Dalio
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- เผยแพร่เมื่อ 4 พ.ค. 2024
- On Today's Episode:
If you haven’t tuned into the news lately, you may be living in a peaceful and unique environment. Turning on the news these days can literally induce stress and anxiety as you try to digest the total sum of horrifying events that are changing the world you live in Burying your head in the sand and being oblivious is always an option you can choose to do, but that will likely leave you unprepared for what’s coming.
Ray Dalio is the founder and co-Chairman of Bridgewater Associates, as well as a #1 NY Times bestseller for his life-changing book, Principles. He is incredibly grounded and knowledgeable about the changing world order taking place as you read this. His latest book, The Changing World Order, is about having the data you need to recognize the times we are living through are part of a larger cycle that has taken place before.
Grab a pen and paper or open up your note app and save the strategies and tactics Ray shares on what we can do on a government level and on a personal level with our investments, assets and liabilities to position ourselves for survival regardless of the stage we’re in.
Ray Dalio’s Principles for Dealing with the Changing World Order on TH-cam: • Principles for Dealing...
Ray Dalio’s newest book, The Changing World Order: amzn.to/3rRrI5H
SHOW NOTES:
0:00 | Introduction of Ray Dalio
3:11 | Start of The New Order
8:38 | Predictable Cycles & Failing Systems
20:04 | Global Conflict & Types of War
32:09 | Inflation Strategies To Get Ahead
39:31 | Economic Stability & Structure
45:54 | Strategic Portfolios Over Day Trading
49:29 | Improving A Failing Infrastructure
1:01:13 | Death of Patriotism
1:07:56 | Innovation, Opinions, and Perspective
1:17:44 | Responsibility and Practical Solutions
1:29:18 | End of the World Portfolio
QUOTES:
“The country is nothing more than the aggregate of the people.” [13:13]
“History has shown when the causes that people are behind are more important to them than the system, the system is in jeopardy. And that is a risky situation. [15:27]
“Realize that you have to think in terms of buying power, not the number of dollars you have.” [33:35]
“There's those who control the system and what should be done, and then there's what the individual should do…” [50:01]
“You need to create a system that both increases the size of the pie, and divides it well, and most importantly, divides opportunity, well…” [52:29]
“It's going to be the extremists who are going to destroy the system, threaten the system, because they won't be able to compromise, [...] the answers do not lie in the extremism.” [54:25]
“To not have laptops and connectivity is today, the equivalent of not having running water and electricity, or the telephone…” [58:41]
“If you worry, you don't have to worry, and if you don't worry, you need to worry.” [1:23:27]
Follow Ray Dalio:
Website: www.principles.com/
Twitter: / raydalio
Instagram: / raydalio
TH-cam: / @principlesbyraydalio
What do you think the future of the United States will be?
Poverty
You need Gregg Braden on. He talks about the shift in consciousness that is going on.
Whatever the WEF decides it will be.
It depends on what our elites decide to stay or abandon ship if they keep course I see a collapse of the liberal states and maybe a sort of fascism in some states... And for sure a seperation of certain states... Right now a rise in authoritarians and an infiltration by opponents to try and accelerate the collapse and more corruption and less rule of laws and pushing drugs and bad values, sabotage... Or a private takeover of all important state assets...
Destruction
The greatest danger are politicians and unelected officials determining our fate...and creating crisis and hate among each other...we need to see through this madness
So true
Yes, but the bankers like this man are responsible more than even the pols.
Isn't that the truth ! However, we greatly outnumber these pompous asses and have tons more integrity and courage. There are so many good people in this world, we can't let them ruin it for the rest of us. Thinking they're superior and have the right to rule us with their edicts just shows they have a much inflated sense of their importance in our lives.
Waking up the slumbering masses isn't easy though.
@@metalmamasue3680 Rock on, metal mama. Well said.
@@sebione3576 😃❤️🤘🏻😎
We need to create a new society by eradicating the corrupt governments
Governments work for the world economic forum....so...don’t get you hopes up
All governments are corrupt because the whole idea of political "authority" is immoral and illegitimate.
It will happen organically.. little by little
This all has also been written in the prophecies. The Mark of the Beast must come and Revelations must play out before we get the Government we need.
Good to see some awake comments on here! It's end times now. It was written a long time ago. The cabal know EXACTLY what they are doing and the mass formation has the masses complying like good global citizens.
What's making this society fail, is that people are loosing their morals and principles, and what was once good is now considered evil, and what was evil, corrupt and an abomination is now praised.
Morals for some, are non-existent; and that's a huge problem! Thinking that: open minded, and liberation means let it all hang out! An everybody's doing it mentality.
Morals, hahahaha. We live in the most peaceful and compassionate time in all of human history. Not the time where if you wanted new land, you just murdered entire nations for it. Kings forcing entire societies to live in poverty. Men regularly beating women into submission. Slavery. Killing in the name of god. Brutal child labor and the ability to sell your children. Lynch mobs rounding up undesirables. Rape not treated as a crime. Lawlessness and brutality.
Sure we see glimpses of all of these things today, but in much less than 100 years ago, much much less than 500 years ago and so on.
I can see this.
People don’t realize that we can have a drink!
We can enjoy a dance!
We can enjoy a party among family and friends!
We can find love, respect that love and be happy! 2 is a church 2 is a family!
We can enjoy food without gluttony!
We can enjoy so many things!
We choose to be like animals!
People with no consciousness no spirit no morals!🙏🏽🍀💞🕺🏽💃🏽💯✨🕺🏽🕺🏽💃🏽💃🏽
@@alg1335 Some, choose to be like animals, and they act like it and even worse.
what total nonsense....
first it's "losing" ... there is no such word as "loosing"
when was their society good? Name a time and point to the evidence... you sound mentally unstable
Having watched this video thoroughly, I know for a fact there's more going on behind the curtains we don't see. It's unnerving having to worry about underperforming investments alongside inflation. Goes to show the essence of financial advice before a move
Proves how much we need an concrete understanding of a particular asset as investors because playing the market blindly or solely of technical is a big risk. I've been quite unsure about jumping considering current market actions, at the same time I feel it's the best time to get started.
@@joecaruso06 Yes you’re right, there’s more to the market than technical which is why analysis are best made by or under the supervision of an expert. I’ve had significant increase following the help of a professional. Not much but enough.
@@joecaruso06 I agree, my profit has been consistent despite the assets direction. I take loses too but they’re calculated. Got into the stocks precisely 2019 and having lost multiple ptf, I knew I had to learn or earn passively. Considering age and I time, I picked the later. 7 quarters later with my current Portfolio manager, Yvonne Annette Lively, I hold a $827k ptf averaging 15% month roi. Also gained over $178k on just my IRA account following proper guidance. Financial security is achieved through strategy and discipline
@@mvanwie It's possible to statistically measure whether some decisions are wise. In the real world, it’s a lot more harder. We prefer faster gains or simple stories, which can be easily manipulated in other for you to like what you hear but often devilishly misleading. Right now there is little volatility which makes prediction harder & losing capital easier.
@@maryalchester how do i get in touch?
Tom, I’m a teacher and they are absolutely smart, but some don’t believe it. I’m constantly telling my students they can do anything they focus on. Its so sad how the phones are controlling them in the classroom and some are very disrespectful. We are up against so many issues as we try to educate our children.
I’m a student and I also looked at that with my school partners, the education today NEEDS A CHANGE ASAP.
The way we’ve learned is too SLOW, that’s the matter…
@@luisaragon5202 you have a point. Even in the 90's and early 2000's when I was in gradeschool, I noticed my immigrant friends from eastern Europe and India were often remarking on how the subjects in American class at our grade level, were reviews for them. And this was in a *good* school district!! What more for the worse off ones?!
Technology is becoming overwhelmingly involved in every aspect of our lives. Just like the government. We need community ♥️
Have you read the book 4th turning? Have no fear of this generation. They are the next greatest generation. They will go through extremely bad times and will be our national heroes. Just watch them rise.
When Ray Dalio is out there saying this…ya’ll need to wake up. Step one. Shut off your tv. Step two. Get right with God. Step three. Question everything. Step four. Realize we are all in this together. Step five. Stop feeling helpless. Take charge of your life and change your reality
@@jijiipetti1433 you’re right. I believe this is due to the spiritual shift in consciousness occurring worldwide
Absolutely 🙌🏽🙌🏽🙌🏽🙌🏽
been saying it for decades? guess if you say it enough for long enough eventually you'll be right
Step six, no fear!
Blue Collar - “get right with God”. You’re kidding right. If he exists at all, he’s an absent landlord at best. Think of all the misery in the world not caused by humans - disease especially plus the cruelty in nature. Droughts, earthquakes etc etc. Even the Pope would know that god doesn’t respond … it’s always been your BELIEF in a compassionate god that helps you, rather than the truth of the situation. Science has helped humanity more than any ‘god.’
It's hard to predict the future until we see this month’s inflation results. However, historical data consistently show that stocks tend to outperform bonds in the long term. Therefore, I'm staying in the market and focusing on selecting high-quality stocks. The challenge lies in identifying these stocks.
I wholeheartedly agree, which is why I choose to delegate my daily investment decisions to a coach. Their specialised knowledge, research, and risk management skills make it challenging for them to underperform. They focus on utilising risk for its asymmetrical potential while mitigating downsides. I've been with my investment coach for over two years and have earned over a quarter-million dollars.
There are many financial coaches who excel in their profession, but for the time being, I employ Stacey Lee Decker because I adore her methods. You can make research and find out more
She seems quite knowledgeable and well-educated. I just Googled her name and found her webpage. Thanks for sharing!
You think on small picture, take a look at what managerial class is wanting
You're a liar
I believe this saying sums it up. "Hard times make Strong Men. Strong Men make Good times. Good times make Weak men. Weak men make Hard times."
Great interview. I just wish Tom would refrain from constantly interrupting his guests and let them finish their thoughts
Tom has a better awreness of audience and gets good clarification, without losing the thread.
Really? It's not a monologue
Yeah but I’ve noticed that he does that when he is not with his guests in the same room as usual. Which is quite strange cuz he’s usually known for being good at active listening.
I second that
BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subject to numerous economic, political, and logistical considerations.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for everyone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decision.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $1 million.
@@MarkFreeman-xi3rk Your experience sounds fascinating. Would you be able to recommend a reliable advisor whom you have consulted with?
Renowned for her proficiency and expertise in the financial market, “Margaret Johnson Arndt” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
Thanks for sharing this! I looked up the lady you mentioned, and let me tell you, after going through her resume, it's clear that she's a total pro. I sent her a message and now I'm just waiting for her to reply.
Would be nice if Mr. Dalio wasn't interrupted so often and we can listen to Mr. Dalio speak w/o interruption.
It would be nice if he wouldn't be saying 'Uuuuuuuuum" every 4 seconds
It surprises me why everybody gets really worked up about recession and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
True. I first came across investing in the market in 2019. Already stashed about $80k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
@@Dannyholt33 I think this is something I should do, but I've been stalling for a long time now. Mind if I ask you to recommend this particular coach you using their service?
I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
Evil feeds on fear. Look at who/whom pushes fear and remember to have faith & hope. Most of all…remember to laugh.
Laughter is as or more contagious than fear.
Russell Brand helps.
@@TerriblePerfection God helps
@@paulag7635 Really?
With all this scary news making the headlines, is this really a good time to buy stocks? I know everyone says the mrkt is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery? How are other people in this mrkt raking in over $250k gains within months, I'm really just confused at this point.
It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro
@@alexyoung3126 I got into a bit of dilemma myself due to this chaotic mrkt, wasn't sure if to sell or just wait a little longer, 75% of my portfolo was tanking and in the red, but I began gaiinng clarity and have more confidence in my invt. through an lnvt-advlser, I know most DlY-lnvestor like me would say advlsors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amountin fees for me to be able to net $650K in less than 8months like I did this year, I truely don't mind.
@@lawerencemiller9720 Eileen Ruth Sparks is the coach that guides, you probably might've come across her before, she's quite known in her field, search her
Al life is coming to an end and all you can think of is making a profit. Wake up and get with the program!
They control the stock
You should do a new video about *VERMONTCORPLTD* ! I really like you’re mellow delivery and you seem like you’re very knowledgeable. I watch lots of influencers and you always seem very calculated and know exactly what you’re talking about and understand it. You’re better at explaining complicated things simply, than any other person on youtube keep it up brother!
The financial market is one of the most powerful wealth creation tools that we can use to become extremely wealthy. If you save money, your bank account will grow by a certain amount of money each year. If, on the other hand, you invest your money, your portfolio will grow by a certain PERCENTAGE each year. The distinction between these two concepts is enormous. My net worth has grown by $800,000 since the fourth quarter of 2019.
There are numerous misconceptions about investing in the market, which is why so many people fail to capitalize on it. However, given the current CPI figures, it is not advisable to have money sitting around with no or little profit. I have $60,000 to invest, but it's difficult for me to bite the bullet and do it. What happens if I lose everything?
@@RachelBrinkmeier You need a Financial Advisor, my friend, to avoid being taken advantage of. They offer personalized advice to individuals based on their risk tolerance, putting them among the best of the best.. Some have a terrible reputation, others with a strong track record can be quite good
@@GarrettDills I completely agree with you; they can have a positive impact on an individual's portfolio. I began with "KATHERINE DUFFY BURKE," a trust Financial Advisor. She is verifiable, and her work ethic is in accordance with the 1940 US Investment Act. Her approach is transparent, low fees, and gives me complete ownership and control over my portfolio.
@@AveryFetherolf I've been wanting to start investing for a few months but haven't had the courage to do so because the market has been down for the majority of this year. Please tell me how I can rely on such abilities.
@@Shultz4334 She is popular. Therefore, finding her official-website should be easy. Just search for her complete name online.
People want the world to change, but don't want to change themselves. It takes a lot of courage. It is much easier to point.
Many of us do know what’s coming but feel that there’s nothing we can do to stop it. Then there’s many who are able to prepare yet refuse to acknowledge that there’s many who can’t.
Can I suggest you look for a TH-cam channel called INSPIRED.. And another called Joni Patry.. I would suggest you start with a few simple things like stocking up on food.. Practice intermittent fasting, 1 meal a day or 1 every other day.. Maybe if you've got the space buy veg seeds.... I think for us it's more of a preparing spiritually.. Understand that we are more than this body.. this body is merely a vehicle we use for this journey.. this experience on Earth.. And that no matter what happens on Earth our spirits are Bulletproof & invincible.. If you can understand this.. you're there already.. You won't feel so much, if any fear..Instead in your mind visualise on a daily basis the future you want to see & live in.. Keep Love in your heart.. Remember humans are spiritual beings & it's through positive thought that we can change timelines & our futures.. Through those 2 channels you should see other channels too... Good Luck & love to you ♥️♥️
@@DB-gn5tn good advice very well said
Hey, Danielle! just listening to Black Sabbath paranoid 3rd track. It may not be your thing. The album is truly great. it meets our times and holds a mirror. When I play it loud I can let go of some of this! thanks for powering on!.
Keep doing the inner work to release programming and detaching…you will become more empowered…meeting like minds and getting away from the matrix…detach from what you know and be willing to move into a different way of life anf being…hope that makes sense…with preparing your mindset it helps
Self responsibility is what is going to save us everyone taking responsibility for their own survival and sovereignty learning new skills learning to that yourself this has all happened because we no longer know how to survive and we have given our power over.
So for us that cannot afford the American Dream right now, what best ways would you advise we guard and grow our portfolio against this injustice? I'm worried about my $240k stock account because I've heard that these economic chaos will ruin the financial sector.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions
The US-Stock market has been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look. I’ve netted over $592k in the past 10months with proper guidance from a market strategist.
@georgeh I also require guidance, need to recover my portfolio from the significant declines and develop more effective methods. How do I get in touch with this advisor?
'Heather Lee Larioni' is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks. I've just reviewed her profile, and she appears highly skilled. I'll send a follow-up email. Thanks again.
The Government should pay more attention to the social programs and benefits rather to military companies. It will halp the people to overcome the stress!
And I believe to the creativity of Americans! The system fix it!
"When lawmakers do not follow the law then there is no law.....
Just a battle for survival...."
Billy Jack
Let me add that the UN, NATO and the World Economic Forum has zero interest in keeping peace or prosperity for anyone but their own POWERS.
And all the country leaders are in business with them and their one world order. And I don't think there's a thing anyone can do about it
@@austinhill11 they are bunch of psychopaths! What a shame we people let this happened
@@MOBU76 it's insanity truly. I never would've believed it all possible 20 years ago. It's sheer madness like the walking dead or something.
@@austinhill11 exactly! it makes you wonder how did they achieve this? are we really blind or we just dont care? its like they hypnotized us thru media to the point we just wait for SOMEONE to save us. But no one will come ...
@@MOBU76 I know, so crazy and sad. I live each day with gratitude not knowing what's in store for the future. It's all so reckless and just mind-blowing how many follow.
Watching this again 1 year later and this was ON POINT. I am terrified of what to come in 2024. I have anxiety I won’t be able to pay my rent and I also provide for my mom and my pets. This is hard. I’m so glad I do not have kids.
The USA is still the empire of the world...if they have to crash the economy....and destroy the Global economy to remain the empire they will
Very depressing. Most of us will not survive this.
Buy your own farm, plant your own food, make a fish pond, raise your own livestock, create your own source of drinking water, create a sustainable living and share them to your community, friends and family. Those who have a farm right now they're so lucky they'll never have shortage of food, they're always eating fresh veggies & fruits and it's free. Unlike us living in the city we're so affected of inflation.
The most important, most absolutely crucial thing that humans need to learn in their life, is how to live and NOT cause hurt or harm to one another.
Because that is when they are able to create truly productive, cooperative and satisfied, happy groups that interact well. Sadly, its the opposite to
what a small percentage of people are doing, and its hurting a majority and causing the masses much pain and anguish.
most people are living with insecure egos that aren't able to critical thinking and discernment needed to get past these issues
No - the immediate problem, as well as in recent history, is unwise extremism in our 2 major political parties, and the violent extremism as a result, in our body politic.
The most important thing ppl need to do right now is to get right with God! Period end of story!
I honestly look at it on the grand scale and everybody's doing it to some degree they're doing it to their means as much they can afford some people can afford to shit on other people a little more than others some people just have it in until refuse to be shitty but then they don't ever now and then moral compass causes him to defecate privately game without offense to others or as others like to create an entire factory incorporation that sustain itself and build other corporations that do nothing but produce shit and smear it all over anyone that doesn't have enough cash to waste on shit umbrellas and shit shows and shit wiper blades and shit shovels and shit air freshener replacement it's shitty politics and politicians for at least not by conventional diplomatic means...........?. Get my shitty drift? God help us forgive me for cussing so much you want me to forgive those wish evil myself and others without just cause, seeing they will securely beside thee......... Highly paraphrase exert pregnant now go smile will tell the love somebody for you because you take you to your part to show gratitude and love and mercy to the next man the rest of the world is not going to follow suite . Got to start a chain reaction make a small bit of difference person pray that people will see the difference I guess everybody's wanting something different maybe they'll try love. It's the only way this country is going to continue it's a free great country and a blessing to have been born and raised in and to be able to raise your own kids in. God bless America and all it's citizens which fear and Revere HIM.
It doesn't feed me with good intentions.
This is one of the best interviews with Ray, I’ve ever seen. I’m like you Tom, I’m an optimist and want to stay all positive but the world isn’t all sunshine and rainbows.
Ray’s idea about us worrying about going to another world war will help us all move away from that potential conflict, was so powerfully said.
The old man seeks peace, he is Jesus' student.
I just want to tell you, Tom, that listening to your questions, observing your curiosity, sensing your good intentions for your fellow man, gives me such hope for the future. I am old and will not see into the future that you will but if you are an example of your generation, there is nothing at all to fear. You will find your best path and offer much to the world.
he's a con man trying to get people to buy into his program.... nothing more, nothing less... this video was from 10 months ago and all of it has now been proven 100% wrong.... that should be some indication
@@StephenKershaw1 A con man?? He interviews a variety of people who are knowledgeable in a variety of fields. The people he interviews often have books they, themselves, hope to sell, it’s a mutually beneficial relationship between Tom and his guests AND the humans watching his show as it inspires thought-provoking ideation and conversation. I, personally, have learned a lot from watching this FREE content. If he monetizes aspects, are you suggesting that people don’t deserve to get paid for the work they do?? Welcome to an economy.
@@StephenKershaw1 Aww, I reread and realized you were talking about Ray Dalio, not Tom Bilyeu. 🤷🏻♀️ I’m less upset now. Sorry, I had a stressful day at work. 😂❤
Some of us don't really know how bad it is because we don't have a lot of money and we just live day to day trying to stay afloat. I'm glad to know this information, but I don't even know how to begin!!!?
@@StephenKershaw1as for Dalio being proven wrong, that is silly. Lol, no, he has not been proven wrong. Not in the slightest.
"A house divided cannot stand."
Essential to NOT overlook the root causes of student dropout rates. The solution is more than job training - which I am SO for. They are dealing with formidable issues, like despair, lack of meaning/purpose, lack of healthy/reliable relationships and community.
Student drop out rates? Are they realizing debt sucks? And mom's house is killer bro.
@@heidi22209 yea moms house is pretty sweet
@@heidi22209 I dropped out after half a semester, saved up money for a year now I am spending 20k on a school that will teach me and make me a certified electronic technician which is something I actually want to do and the school is only 4 month and will basically guarantee me a job in a growing decent paying industry
@@Poopymattyt whoop! The Trades all the way! Hmm. Get paid to learn. If ur single, fck yes, if family..home for dinner. But wait..... you have to work.
I agree im a hands on learner but private school is too expensive for me and college takes forever to go through and it's expensive too so I feel so stuck
Thank you Tom for featuring Ray Dalio! Terrific interview!
We are In a extremely unstable situation . We have to come together as a people and politicians that's not possible any longer basically WE'RE FFFFFKKKKDDD
An extraordinary gift is accurate. We need these strong, thoughtful elders in our communities to guide us. Thank you Ray for your wisdom and thank you for this interview Tom. Keep going!!
So called "thoughtful elders" usually are insane and demented. Look at Putin, for example, some consider him 'thoughtful'. Do you want to live in the country ruled by 'thoughtful granddadies" like him?
Ask God...
He is longer alive then we humans.
Read the bible...
He has seen emipres Come and go.
Dear Karen: After I watched Ray Dalio's video about his so called "principles", I realized that they are merely the canonization of the cynicism that the Rich People have used to justify their exploitation of Poor People over the centuries. His "principles" are in no way "laws" like scientific laws although he sells them to be so. Foremost, he assumes that Capitalism and its predatory effect on common people is historically inevitable, which it is not. Dalio doesn't even acknowledge that his so called "principles" are Eurocentric and he naively assumes that a Far East nation like China will them follow in the future as it ascends to the top of the heap. Ray Dalio appears to be a nice guy, but IMO he's just another Rich Cynical A-Hole who is trying to justify to his conscience how he could have spent a career on Wall Street screwing over average John Q Public. Do NOT Be Gullible, Karen. Do Your Own Research and THINK For Yourself because the bottom line is that Ray Dalio made millions off SUCKERS who were the victims of his Financial Philosophy. Caveat Emptor !!! ... jkulik919@gmail.com
@@vlndfee6481 Why your fictional god couldn't write (or create) one book with rules for all humans in one language. Is s/he impotent?
@@zettcompact8586 yes it is called the Quran. Not a word of it will change, has the rules to live by and is in one language
Thank you gentlemen.....but I would like to make a point...and that is that technological development has had a massive cost in terms of health. As a sports coach, I see fitness, postural, social, psychological, emotional and physical detriment as a direct outcome from electronic and connectivity progress. I think if financial collapse and war doesn't kill us...general health will!
EXACTLY
Yes!!
True fact
Specifically - social media !!!
Why does Dalio have an instagram style beauty filter on his video feed? He looks like one of these pathetic and vain influencers and not even human - Like a cartoon character!
Love that his blank wall shows hope and yours is a scene from pawn stars. My focus was 100% on the easy. 2 seconds looking at your cool stuff was enough to finish my laundry.
As a foreigner that has lived in this country for over 15 years, and pondered all the issues that faces the US, I have come to the conclusion that every single major problem comes down to a failure of Governance (Government at the Federal and State level), specifically the bias of special interests and corporations over the average citizen.
Consciousness is the factor that breaks the cycle. It’s why the systym is changing
The fact that we all have access to this information is just so amazing to me. I am so grateful for this channel!
This channel is amazing
True. Enjoy while it still lasts.
You're being duped . . . . .
@@chaseshadow 100%
@@chaseshadow what do you mean?
I d been watching these videos pop up year after year. Just live now and relax. It’s never what they think.
"Hard times create strong men , strong men create good times , good times create weak men , weak men create hard times" G. Michael Hopf
I’ve watched the same interview with Ray Dalio about this very thesis over and over and I have to say Tom’s input and approach to the interview is probably the best version of this interview. He has a better approach for the average citizen than any interview CNBC gives. Thanks Tom!
I always feel that he is asking the questions I would ask, without the need to inflate his own ego. It is much appreciated. Plain speak is a gift with topics like this. Agreed.
watch "Dr Zeleko Yuval,Noah Harari -the abomination.."
Harari is nwo shill
@@fitgirlism3038 Agree, his ego IS obvious, I hope he is aware of it.
To the *incredible person* that's seeing this, I wish you all the best in life❤ don't over blame yourself, accept things and go forward. Don't let others define what “success” is for you. Get up, learn the skills needed and get after it, all the keys to a happy life is in your hands. Keep pushing.
Yawn.
Thank you! What an awesome comment! Have an amazing day
Lol. Spammer.
refreshing to hear this...thank you for all the highlights
Awareness on narcissism, sociopathy can make it easier to detect politicians that want to change the world from those who only want power.❤
Exactly.👍👍
Good discussion. Thanks Tom.
Ray's video needs to be seen by everyone and especially the young. There is more opportunity for young adults now than there has ever been. We need to help them see that and prepare to take advantage of all the tools of success past generations have prepared for them.
I taught in a juvenile corrections facility and the boys in my class all felt that they were unlucky and good luck was for everyone else. The first day of class I taught them this...
Luck is what happens when preparation meets opportunity.
I then told them that this class could be their pathway to opportunity. In the first hour of class I showed each student a spreadsheet that illustrated compounding interest and how anyone who started investing part of the income from their first job could be a millionaire. Every student I taught this to bought into my program and after awhile I didn't need to teach very much. The boys were in a race to teach each other. It was amazing!. They saw graphic arts as a huge opportunity.
Great! :-)
That’s absolutely wonderful!
Except that isn't what luck is. The idea that you are generally in control of what happens to you and with you is a very optimistic to not say ignorant.
@@nostalji75 You should try prepping. If your mind is free there is no hospital bed or jail cell that can contain your spirit. A victim mentality is the worst cancer. Anyway stay positive and I wish you much success 👍
That's a good teacher. Nice job
This was one of the best interviews to date. Only Ray could explain the sobering sum total of global political shifts so clearly & elegantly.
Much thanks to you both
Ray sure did his best to deliver it the simplest way possible. As a finance pro, I see him refraining from financial jargons.
What Ray is saying is that the writing is on the wall... the days of a unipolar hegemonic world power is shrinking rapidly. Hopefully these entitled power-crazed do not act in desperation trying to cling on. WW3 will mean the of humanity on this planet.
We are grateful to both of you for your enlightened understanding and wisdom related to China. Thank you!
As I get older, I feel the same as Ray does. I want to pass on my knowledge. I loved hearing unexpectedly from your guest what we really need to do. What a great thing for humanity to have him tell the masses to love one another. Didn’t Jesus say that? They’re both right. If we follow in their footsteps, this world will be a better place. Like he said, $6k for a child’s whole high school career and we can set him up for life. Then, that now grown child will pass it on to the next generation. Beautiful investment. He wanted to inspire us to be creative in our investments. People, infrastructure, education. Just great!
Wow this is extremely valuable. Just having a genius billionaire like Ray Dalio just pouring golden information on people for free. God Bless Impact Theory.
Looks like 👍 this guy has the Aul finger on the pulse for sure 🤔
I totally agree it is a good time to capitalize on the market for long-term gains...
You’re right! The current market might give opportunities to maximize profit within a short term MARTINA!
We were in Texas from 2018 to 2023. We arrived due to my last duty station before I retired from the military. We thought Texas would be a great place to retire and raise the kids. However, after living in Texas for 5 years, we realized we didn't like it. The property taxes were VERY high (I was paying $14K a year), the school systems were abysmal, and the healthcare was average at best. We did get a really big house and love it, but that is pretty much where we spent 95% of our time, because the summers were just too hot. This past summer it has been over 20 consecutive days of 100 degree weather, which meant we were getting $600 monthly electric bills. The energy grid was just too unpredictable and the constant road work became too much. We decided to move back to NorCAl and love it. Our pay has doubled and the housing is very similar to Texas - those $200K homes in the past are gone. We love the schools, healthcare, and tons of things to do in California, so for us it is the best place.
THE SADNESS I FEEL IS UNDESCRIBABLE .Our country is so beautiful yet so messed up. Our government is so corrupt it seems like it'll never never end especially when a presidency is stolen God Bless America and I hope I'm alive to help my grandchildren get through this but I don't think so
Most politicians are self serving, not constituent serving. We desperately need term limits on congress like we have on the presidency
Also, I agree with you Tom about the mental headspace I get into when I follow this too much. It's not very good and it does get me depressed, so I have to step away from it at times for a while. In 2019 Martin Armstrong talked about to repo market was going to pop and we needed to do something because it would be the mother of all financial crisis. I think it was Sept of 2019 it was hanging on a tread and his AI Socrates saw a change in the market in Feb of 2020. The AI did not predict the virus but it saw the directional change, when everything happened in 2020 I could see all the puzzle pieces come together and it was super depressing. It was the US reason to print money to "save us" the printing money was good for the market because we all made money (and the money made alot of people very wealthy that knew what was going on) but at the end of the day you know it will come to an end. This whole thing is a mess and it is upsetting when people do not see what is happening right in front of them. The only way to heal our planet is to go within and heal ourselves. We are all connected and if everyone starts with healing themselves, I think we can change things.
i agree with you even after reading the creature from jekyl island just a long depressing book. I think the take away from the video today is practically what action am i taking to insulate myself from different situations and all that's missing is the education and plan. ive got crypto, real estate but debt backed property could turn sour and crypto could also turn on a dime. Having only those two the solution now is where else should i be parking excess income like commodities as inflation gains momentum or the inflation bond he discussed. the fear is because there's no contingency plan and ill be researching more into what i should be in after watching.
I am convinced they jumped on Covid as an opportunity to blame the coming crisis and create new emergencies mesures that would have never been accepted otherwise.
Your comment is smart and thank for giving a logical view of the global current situation 😀
If you learn to love and care about others; through time you will automatically have a far better economy. And the people and government have watch the elites and make sure they don't want control the system. So another words, need to un-elete these elites/ tyrants
its too late , the scum on top will be there until theres revolt
The worst thing to do is to buy into all the "gloom theories". Keep doing what you do professionally and work hard. This way we supply America with goods and services that are absolutely needed. Dont let people scare you.
Yeah I hate it when people talk about everything being ruined stresses me out it’s not like one person can stop it
Soo true I stopped listening after a few mins I just can't fuel my mind with old people who can't wait for a dooms day... basically what can we really do??? They force these 80 year Olds in government to run a country then complain the whole time they messing up.... People just count your Blessing and Bless someone in need and keep moving forward...
I'd love to agree with you, but tell that to someone that is desperate that can't pay their home loan. I know we can say plod on , but today the private sector is attacked differently to the civil sector. Govt workers protected , private sector shat on. These are the facts. USA UK eu it's the same story.
Take breaks from it..but pay attention.
@@ktom4536
Are you British?!
Because I can tell you that it's the Public Sector who are "being shat on" here by 12 years of Conservative Government.
Thank you Tom for always putting out great content and always being encouraging and positive! I have severe ADHD and so for me to stick with and watch full videos it’s gotta catch my attention and I have watched your videos, in full for years!
Yes ADHD sucks!😔😂
Famous saying - History repeates it self, only character changes.
This is probably the most important podcast interview/piece of content on the internet right now for anyone living in the USA
My first time in San Fran was in 2007. I was 18 years old. I was in the downtown area and I saw a business man waiting at a cross walk and a homeless man that was right up against him - like gut to butt. The businessman did not notice the homeless man behind him and never even flinched. I remember seeing that and being weirded out and now I realize the homeless man was probably pick-pocketing the business man and the businessman DID NOT FLINCH. DID NOT NOTICE THAT SOMEONE WAS STANDING MILLIMETERS BEHIND HIM. was nuts. wake up call for me not to be asleep and distracted
Ray Dalio talks very wisely but quietly and audio is not compressed and suddently there are these very noisy ads which are annoying
Balance is most always the key - the way to go in just about if not all areas of life. My thought. I agree with your guests in reference to having "moderates."
As a African American, I never understood why Europe didn't reinvest in stable African countries for manufacturing and stop relying on China. African countries need the development, we need the cheap labor and products and resources until the world uses A.I. technology for everything.
Africa is filled with black people. White people do not invest in black people.
If you just read the Bible you will understand why!
Bit late now as China have invested in them & getting them into debt instead... debt & conquer.. 😔
The issue has to do with geography actually. Thomas Sowell has a video on it. th-cam.com/video/fof9xZA7dpg/w-d-xo.html
It's a good question. There was some deal where China became the new industrial center not by coincidence but by selection.
"Profit is a good but highly imperfect way of allocating resources" let that sink in for a moment
I wish Tom would let Ray talk instead of constantly interrupting him and changing the subject Ray is trying to teach us about.
Both of you are very wise and on target related to China! Thank you very much! We have profound respect for Ray Dalio’s courage and understanding of China!
Within minutes into actively listening to your broadcast, I had paused the interview and shared it with family members and friends. Thank you both for edifying us with analytical thinking of global events and providing recommendations on what we must know, be and do. #POWERFUL
yes but never going to happen - look at wef nwo - they're the new leaders not countries
So true, I did the same lol
Tough times make tough people, tough people make easy times, easy times make weak people, weak people make tough times....around and around we go.
Calm down Floyd Mayweather - this is slightly different - we're going through a shift in history.
@@iamtheone007 We have a couple of generations that are weak willed and weak minded. People fighting for some of the stupidest crap like having genderless bathrooms and fake social justice, when other countries are getting ready to destroy us. The millenials and after are going to be the end of us being the world power.
That’s a cycle, then we learn the pattern of that situation and evolve it for something always better. No matter the decades, centuries it takes.
I've seen this saying banded about a lot and I have to say I agree with it. These weak people that now rule the world are being down trodden by stronger more powerful forces.
Vladimir Putin invading the Ukraine just shows to me how weak Europe and NATO is.
I really feel bad for people who are just totally unaware of this information
I’m a worrier. Thank you. It helps to know what to worry about. Oh, and I am an E.R. Physician. The world of finance is so foreign to me.
I’m going to have to stop following some people on TikTok and Instagram because my anxiety is getting bad because I’m so scared and worried. Thank you for what you do for people!
The world needs a Dad to sit down with and explain how things work and the direction we need to go in
What we don't know is far greater than what we do
I vote Ray Dalio
Ha ha ha....Klaus Schwab has already taken that position. Ray is one of his wef spokespersons.
Lefties looking for daddy to "take care" of them. lol
When large corporations break laws, they should be dissolved. The fines they pay for breaking the law are just a "cost of business" for them, and simply encourage more lawbreaking.
Currently working on “My Principal” journal. Highly recommended.
Tom, this is an EXCELLENT discussion with Mr. Dalio. (He is from my Home State of CT.. and He's spot on. Thank YOU for having Wisdom-focused, fair discussions. Thank YOU very much.
Thank you for this great show Tom. Ray is such a humble an informative guest. It is so meaningful that he is sharing his lifelong wisdom with us. I have followed both of you for years. Thank you for the valuable content.
I just watched this again! I love Ray Dalio and what he’s doing for humanity. This is a fantastic interview both of you provided so much important information in here 🙌
Let us know what you
Come up with.
Let's take a guess...you like that song composer wouldn't be commie lover plant...eh?
U are right. I'm just watching this video, TH-cam just gave me unfortunately 😢
Thank you for helping us see a path forward ! :)
Fantastic video. So many need to hear this. My brain is on fire with ideas. This gives us all some searching to do in order to create plans for ourselves. Information and knowledge sure is power. Wishing everyone the very best through all of this. From Canada.
Great insights. I don't think the getting along and spreading of wealth is discussed enough. I feel the topic of the learning to get along needs could have more value being discussed in the perspective of economic behavior and scarcity or quality of life from a diverse group for ideas and relativism. Id love to jump on that dialogue with Ray Dalio if that ever was an opportunity. Great content I feel it's only the tip of the sword to a very pressing matter.
Thanks Tom I also follow advisordanny channel like yours inspiration is a big part of his focus. Keep up the good work
All I had to do was bypass the negativities and be enlightened by reading the comments alone. Your viewers are very open-minded and aware . Good to know of such like-mindedness between humanity , especially these days.
Seeing these two chat brings a small tear of joy to my eyes. Both have greatly impacted both my personal and work life in their own unique ways
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America did not win the second world War we did in the U K with the help from America
Great interview. Thank you both. Grateful for your passion and caring to bring about peace and prosperity to this country and the world. Unfortunately, there are forces at play which don’t want that, who are at the helms of power, who want the pie to themselves, and worse yet literally profit from the war and chaos. So much so, that they foment it, because it keeps them in power.
Evil.
They will not inherit anything in eternity.
I agree
I know. It's so hard to manage.
Great interview? I'm trying to figure out what's great about this guy trying to gas light people into accepting a "New World Order" So when did Klaus Schwab win this war over American Citizens that gave him the right to design this new system? He didn't. GTFO! Are you seriously trying to say you didn't know these assholes with the new world order agenda would like to finish taking over the United States
Please give practical advice where seniors can put the savings they need for necessities, is it true that banks will collapse? If so where to put their savings?
I agree about the importance of civility and education.
“If we don’t learn from history than we are bound to repeat it”
This is been going on since the beginning of humans nothing new! But this time we"ll blow eachother into oblivion with nukes!!!
It's too bad even our political class FORGETS it!!
As if, half of them even took a American History class!
World Hx should maybe, be mandatory in H.S., as well.
Not everyone gets to take WEST. CIV.
*doomed* to repeat it!
The MAGA movement now say, 'history can be forgotten & should be forgotten if it doesn't suit you.'
That is why we are keep repeating becouse we learrn the his story but not our tribal stoies of our descends tribes and acnestors, mythologies and earth cosmic stories
This is the most consequential video you’ve created hands down. Unfortunately, like climate change, it’s too late. People are struggling and in fear, so racing back to middle won’t happen. Yes there are those full of love and compassion, but they are not the majority and some of those even have a foot in love and the other foot rooted in fear. These are extraordinary times, much of it is foretold and most of it we’ve collectively brought it upon ourselves. We can hope for the best, and do our very best, but make no mistake…we need to prepare.
Climate change is a HOAX to take your money and control you! Gooberments are manipulating weather, yes, but natural climate change is complete BS.
W H A T are you going on about?? Listen to what U’re saying and ask urself if times are like during the Great Depression, are we in a kinetic war here in our country, is there a holocaust taking place, I could go on. Take it easy bro, you’ll stress out - breathe.
@@alexreyna1508 I think you are missing the big picture of exactly where we are in the stream of time (Politics, Economy, New Generation thinking, Wealth Gap, Sentimentality) No one is prepared because this hasn’t happened in our lifetime. The Government’s have always found a way to curb economic disaster. Without going into detail, read the book in its entirety. Even without reading the book, a little research will show you where we are headed. There’s still time to “wisely” prepare. This may not happen for several years, because there’s still a lot the Government can do, but make no mistake - the table is already set, and dinner will be served.
Climate change is a lie and a huge joke. Nothing but a money making scheme to tax carbon. Oh.....by the way. You are a carbon life form and breathe out co2, so your leftist leaders want you dead so you will stop emitting carbon dioxide.
@@alexreyna1508 '
It is not about negotiation; it is about expressing your point of view and seeing if there is room for both. 1:30 min...
Self-responsibility is the key.
That is one of the reasons for the establishment of countries, in Dalio's view.
Really nice podcast. Thank you😊
Read Revelation and you will know the future precisely - you cant STOP it! It is happening and will continue until it is fulfilled.
They are looking at it from an unGodly point of view and clutching at straws. As you say, nothing can stop God’s plan.
Are you for real? So you think your Abrahamic religion, that has poisoned and corrupted the world, murdered innocent lives and currently assaulting children has the insight into the world's problems?
Do you not think at this point that maybe, JUST maybe, your Christian dogma and outlook on life might be a contributing factor to the problems of this world? 🙌
Whenever a guest with such vast knowledge and wisdom talks, your interruptions don’t bring him back to the question that was asked, but rather completely cut off his flow, which eradicates the larger argument he is trying to make.
Get a notepad and while he’s talking, note down the questions you’d like to follow up with, based on what he said. Before asking, you can look at them and sort them in order of importance. This way, we can enjoy his arguments and you can ask your questions. I fucking hate it when you think it’s valid to stop someone like that speaking, because “you don’t get something” or want to clarify it for people.
These people have their value in very long and complex thesis style answers - that’s why they are titans of their respective field.
Yes, he could learn a thing or two from Freddy Sayers (UnHerd).
Exactly. It was too Irritating to even watch this!!!!
I don't look at death, chaos, or suffering as bad things. They are simply part of life. The reason we always end up in a mess is trying to avoid them. This creates a larger and larger mess collectively.
Ray is spot on. First we must all be productive and make more than we take. 2nd we must learn to get along with one another at the same time.
3rd there must be equal opportunity for all. (Not to be confused with equality of outcome as that is not only unrealistic but impossible) The most important thing is to find something that really interests you and get good at it so you can be of service to others. (Be Productive)
The only thing money can truly buy is the service of others ie. The Baker The Tailor, The Pizza Maker or whatever it might be. There's anyone of millions of ways to serve other's. The basic reality is there is no other way to make money. So as Ray says make more money by serving more people and spend less. It's simple! How much shit do we really need to live comfortably and be satisfied?
What really matters most is that We All Do A Job Well Done Serving One Another and We'll Discover That We Will All Be Way Way Happier. Happiness Is A Job Well Done!!! We can't buy happiness, no one can give it to us because it can only be achieved by actions on our part!!! Find what you like to do and be productive now. You will discover different things to be good and productive at during your life. So you should start by keeping your bedroom and bathroom clean and head out from there. If any job is beneath you you're already off to a bad start. Every task you undertake just do it well and everything else will fall exactly into place. Trust me and you'll see it all works out perfectly.🤩😀👍💛😉
Equality is a Communist myth. Something to get your attention, then you find out its a lie. You cannot take from others then give to those who don't work for it
We have a monetary system + govt + military that eats 1/2 our labor. We are already working for much more than we take. We are living in a trickle down economic system because of theives at the top, when reality is that wealth begins in the earth, and can only trickle up. The source of wealth is the power.
@@chadkline4268 I got news for you until we get rid of the cult of billionaires ruling the world nothing will trickle
🤔 that was pretty much a description of the american DREAM ( you should read Requiem for the american dream by Noam Chumsky and/or The global Minotaur by Yanis Varoifakis or even Can we fix capitalism? Video of Yanis Varoifakis vs Gillian tett on youtube if you are more into video )
Right on, equal outcome
I pretty much stopped watching television about 8 yrs ago... Never looked at things the same ever again
Love to hear what a wise person such as Ray would comment on economy, politics and all sorts of things. Great show and the host did a great job too.
Yes I believe the quote is "He who fails to learn his past is doomed to repeat it!"
Wow I was a manager of the cleaning crew for your offices at Bridgewater ford rd and glen denning Awesome to finally see u sir
I look forward to spending my rainy Monday reading Radical Confidencdence. Thanks to your wife!
Thank you for this. This isn't the normal "positive change" topic, but I found this to be very informative and important information.