We are moving in the exact oppose direction and the same direction as the British Empire and the Soviet Union. The British Empire fell because outsiders refuse to support the sterling (US delivering the final blow due to foreign policy differences) and the Soviet Union fell when the one thing that it needed the most got compromised (The Saudi with American encouragement floods the world with excess oil). Tech and currency is our achilles heel. If those are both compromised in the future, we are finished.
Yes. I think US is in decline too. I think what you mean is that Tech and Currency are the main pillars propping it up. ("Achilles heel" would mean it's a weakness)
@@NicodemusChanIt can also be the Achilles' heel if others surpass the US in developments like how oil was for the Soviets and Sterling was for Britain. It is a double edge sword especially if it encourages foolish behaviors.
From my perspective, the different between China and US in terms of keeping the power globally is China approach with focusing the trade that bring the other countries comfort to develop a long term cooperation. Otherwise, US comes with aids which is only needed in short term and not significantly bringing development to other countries.
A political solution to avoid an end of empire scenario would be to fix our voting system by adopting score voting to mitigate polarization, fix broken processes like gerrymandering, pay off debts, and remove corruption using strategies like term limits, regulations on trading for politicians, etc. I think a majority of people agree with all of the above.
Can't succeed if you don't try to do the right thing. Career politicians learn to polarize everything to try and gain votes, and that's not a good thing.
No Sir ! We need a third party, criminalizing lobying, banning corporations from financing politicians, braking down the " too big to fail". Anything less then that is cosmetics.
Dalio is DANGEROUS! * Ray Dalio is indeed a brilliant investor, but some of his perspectives on the US and China may be misleading. In his book, he highlights the uncontrollable money printing in the US but fails to acknowledge that China, despite having a smaller economy, has created money at a rate four times higher in the same period. Dalio emphasizes the US's substantial debt increase, with public debt rising from 35% in 1980 to 130% today, and total debt nearing 300%. However, he overlooks that China has a total estimated (opaque disclosure) debt of 700%. If the concern is about collapse, China would theoretically face this issue long before the US. * Another critical aspect is that the majority of global trade and borrowing occurs in USD or Eurodollars, not Euros. When the US prints money, the negative impact is dispersed globally. In contrast, when China prints money, the effects are confined to its borders. In discussing the challenges in the US, Dalio points to political disagreements, riots, and criminal activities, acknowledging the nation's increasing complexity compared to the 50s and 60s. Yet, China is a totalitarian state with a single political party, devoid of opposition to voice countermeasures. The advanced technology used for citizen monitoring and the swift legal process are significant factors he fails to mention. * Dalio's omission of these critical points raises questions about the motivations behind his narrative. It seems unlikely that such a savvy individual would make absent-minded mistakes, especially in a book. The question arises: Why would one of the most significant and intelligent fund managers propagate potentially inaccurate information about his own country's decline, given that it could adversely impact his business, affecting all his investors?
No empire being fell apart is inevitable. We learned from history. No Empire lasted for ever, not this time. What you can do is to delay the process and start with economic growth and crime reduction.
That Strong Middle is Islam aka Shariah. "And thus have We made you a middle community, that you may be witnesses over humanity and that the Messenger may be a witness over you." Quran 2:143
There is no incentive for a well educated and successful person to run for office. It’s a terrible job. Only party hacks run for office because they can blindly look past how bad of a job it is due to their party loyalty. Lots of good theory on this. It’s unfortunate.
If the US was honest, someone like him or Bezos would be president with emergency powers to save the American hegemony. Instead, someone like Trump wants all the powers of a tyrant without the virtues such role requirements.
Sorry. The math doesnt add up here. Bipartisan with a Middle equals 3. Any mention of "bipartisan" im out. There is no "bipartisan". There is logic, reason and Liberty.
to avoid what exactly? Do you think the Spanish people would want Pax Hispanica again?what a burden! Empire loses because its people can't be mobilized anymore, try Italians as well
It’s so laughable that Ray posted it here. In investment, you cannot predict future with historical data. And Ray predicts future with past data for change of world order😂. I can’t imagine how much money he put into China😂
> In investment, you cannot predict future with historical data And you're absolutely delusional on this topic. If you make any money on investments, will you use methods that show negative results on historical data?
Completely wrong that you can't predict the future on historical data. The future is a direct result of the past... you never have perfect information, that's what makes the prediction business so tricky. For example, the US's economic response to Covid was very predictable given the response to the Great Recession.
@@Singular121 exactly, go read Chinese history, Chinese people has never got out of emperor and authoritarian and never gets true freedom. It’s like a viral loophole there. It always repeats itself. if it repeats itself is exact my point. Humanity hardly learn from history especially authoritarian state. You can learn from history, but how much do you improve? What type of system keeps learning from mistake and advance? China or America?
Can Roman Empire avoid end of an empire? Can British Empire avoid end of an empire? Can the Reich avoid end of an empire? Can Japanese Empire avoid end of an empire? Can USSR Empire avoid end of an empire? Nope, nada. Nein.
Basically a political reform is needed. But everyone knows this is impossible in today’s political environment.
Not just political reform, we need almost every reform there is under the sun to make it, in my opinion. We need financial reform most of all.
Basically, it is impossible.
In a democracy, it's impossible for reform. What a failed democracy
@@briankier2189The idea of democracy is that you can vote for reform. But voting is not working.
It’s not impossible. It’s very possible. We all know it can be done. We all just have to do a little of it and cumulatively it will happen.
In other words, it's hopeless.
we are doomed to fail
We are moving in the exact oppose direction and the same direction as the British Empire and the Soviet Union. The British Empire fell because outsiders refuse to support the sterling (US delivering the final blow due to foreign policy differences) and the Soviet Union fell when the one thing that it needed the most got compromised (The Saudi with American encouragement floods the world with excess oil).
Tech and currency is our achilles heel. If those are both compromised in the future, we are finished.
100%
Yes. I think US is in decline too. I think what you mean is that Tech and Currency are the main pillars propping it up. ("Achilles heel" would mean it's a weakness)
@@NicodemusChanIt can also be the Achilles' heel if others surpass the US in developments like how oil was for the Soviets and Sterling was for Britain. It is a double edge sword especially if it encourages foolish behaviors.
I am very interested in the rest of his answer. Is there anywhere i can find the rest of this interview?
It's from the All-In Summit 2023.
From my perspective, the different between China and US in terms of keeping the power globally is China approach with focusing the trade that bring the other countries comfort to develop a long term cooperation. Otherwise, US comes with aids which is only needed in short term and not significantly bringing development to other countries.
I can't imagine a better president for the USA than Ray Dalio right now.
Can we? Yes. Will we? Eh, doubtful.
Useful insights - thank you
Thinking of the end of empire is the first step towards it.
A political solution to avoid an end of empire scenario would be to fix our voting system by adopting score voting to mitigate polarization, fix broken processes like gerrymandering, pay off debts, and remove corruption using strategies like term limits, regulations on trading for politicians, etc. I think a majority of people agree with all of the above.
"Let's all get along bipartisanly" ... geez... That's on the level of beauty contestants...
WORLD PEACE
Can't succeed if you don't try to do the right thing. Career politicians learn to polarize everything to try and gain votes, and that's not a good thing.
Strong academic foundation which is something rare in US currently
The government does not want educated citizens.
You should run for president. I feel like you can be the person to restore financial order here.
If there is a strong middle, we will never perceive it through the lens of social media (nor corporate ad-funded media for that matter)
Buenas tardes RAY👍🇲🇽🤗
Please link full talk
im not 100% sure anymore. the time the federal reserve have stolen, and the wealth. what is actually left ?
"I am not running for president"
me: "too bad you are drafted"
No Sir ! We need a third party, criminalizing lobying, banning corporations from financing politicians, braking down the
" too big to fail".
Anything less then that is cosmetics.
Empire rise and fall.
Dalio is DANGEROUS!
* Ray Dalio is indeed a brilliant investor, but some of his perspectives on the US and China may be misleading. In his book, he highlights the uncontrollable money printing in the US but fails to acknowledge that China, despite having a smaller economy, has created money at a rate four times higher in the same period. Dalio emphasizes the US's substantial debt increase, with public debt rising from 35% in 1980 to 130% today, and total debt nearing 300%. However, he overlooks that China has a total estimated (opaque disclosure) debt of 700%. If the concern is about collapse, China would theoretically face this issue long before the US.
* Another critical aspect is that the majority of global trade and borrowing occurs in USD or Eurodollars, not Euros. When the US prints money, the negative impact is dispersed globally. In contrast, when China prints money, the effects are confined to its borders. In discussing the challenges in the US, Dalio points to political disagreements, riots, and criminal activities, acknowledging the nation's increasing complexity compared to the 50s and 60s. Yet, China is a totalitarian state with a single political party, devoid of opposition to voice countermeasures. The advanced technology used for citizen monitoring and the swift legal process are significant factors he fails to mention.
* Dalio's omission of these critical points raises questions about the motivations behind his narrative. It seems unlikely that such a savvy individual would make absent-minded mistakes, especially in a book. The question arises: Why would one of the most significant and intelligent fund managers propagate potentially inaccurate information about his own country's decline, given that it could adversely impact his business, affecting all his investors?
Because they are the dominant economy around the world doesn’t mean they are ruling the world or other territories that don’t belong to them.
No empire being fell apart is inevitable. We learned from history.
No Empire lasted for ever, not this time. What you can do is to delay the process and start with economic growth and crime reduction.
Nobody ever talks about revitalizing our farm land. Grapes of wrath anyone?
HEMP HEMP HOORAY!
No, but nothing really bad will happen.
That Strong Middle is Islam aka Shariah.
"And thus have We made you a middle community, that you may be witnesses over humanity and that the Messenger may be a witness over you."
Quran 2:143
Three Party system needed minimum. Preferably multi party.
This is a new world, unless people strat to ask the question like how can human beings survive the next 100 years, there's no hope.
All Empires die. The question is whether an Empire goes down peacefully or violently.
We need 4 or 5 political parties. No way the gop or democrats will give up their Duopoly. chumps cult is a sign of end times for the country.
You definitely should run for president!
Dalio for president
That's it for the 🇺🇸 as the dominant economy on the world.
2024 🇺🇸 ray 🎉🎉🎉🎉🎉🎉🎉🎉
There is no incentive for a well educated and successful person to run for office. It’s a terrible job. Only party hacks run for office because they can blindly look past how bad of a job it is due to their party loyalty. Lots of good theory on this. It’s unfortunate.
If the US was honest, someone like him or Bezos would be president with emergency powers to save the American hegemony. Instead, someone like Trump wants all the powers of a tyrant without the virtues such role requirements.
Who says we are at an end? But if people want to speculate...then the answer is no.
Why he is not going to presidency?
YES YOU CAN
Billionaires like you must pay 50% of their wealth in taxes. That's how you fix the debt problem. Thank you very much, I'm not running for president.
No. It’s Titanic ship 🛳️
Can any one avoid the force of time?
I know a lot of smart guys live 80 years, and all they do was do nothing.
Sorry. The math doesnt add up here. Bipartisan with a Middle equals 3. Any mention of "bipartisan" im out. There is no "bipartisan". There is logic, reason and Liberty.
to avoid what exactly? Do you think the Spanish people would want Pax Hispanica again?what a burden! Empire loses because its people can't be mobilized anymore, try Italians as well
Or Russians. Empire is great for elite, not so great for ordinary citizen.
@@user-rz7ih2vh1c exactly!
CANNOT
nuclear weapons
no,, the answers no
MAGA 2024 TRUMP 🇺🇲
No one will vote for someone in the middle right now, that’s the problem. Both parties have become extreme.
I think the Right wing of America could easily abandon the Left and have a thriving country.
Thoughts like this are the problem.
It’s so laughable that Ray posted it here. In investment, you cannot predict future with historical data. And Ray predicts future with past data for change of world order😂. I can’t imagine how much money he put into China😂
> In investment, you cannot predict future with historical data
And you're absolutely delusional on this topic.
If you make any money on investments, will you use methods that show negative results on historical data?
Completely wrong that you can't predict the future on historical data. The future is a direct result of the past... you never have perfect information, that's what makes the prediction business so tricky. For example, the US's economic response to Covid was very predictable given the response to the Great Recession.
“You can’t predict the future in this one field so you can’t predict the future anywhere else” is your argument?
History tends to repeat itself and it happened all the times in the past and that's why you have to look into the past to project the future.
@@Singular121 exactly, go read Chinese history, Chinese people has never got out of emperor and authoritarian and never gets true freedom. It’s like a viral loophole there. It always repeats itself. if it repeats itself is exact my point. Humanity hardly learn from history especially authoritarian state. You can learn from history, but how much do you improve? What type of system keeps learning from mistake and advance? China or America?
Can Roman Empire avoid end of an empire? Can British Empire avoid end of an empire? Can the Reich avoid end of an empire? Can Japanese Empire avoid end of an empire? Can USSR Empire avoid end of an empire?
Nope, nada. Nein.