Principles for Dealing with the Changing World Order by Ray Dalio
ฝัง
- เผยแพร่เมื่อ 1 มี.ค. 2022
- I believe the world is changing in big ways that haven’t happened before in our lifetimes but have many times in history, so I knew I needed to study past changes to understand what is happening now and help me to anticipate what is likely to happen.
I shared what I learned in my book, Principles for Dealing with the Changing World Order, and my hope is that this animation gives people an easy way to understand the key ideas from the book in a simple and entertaining way. In the first 18 minutes, you’ll get the gist of what drives the “Big Cycle” of rise and decline of nations through time and where we now are in that cycle. If you give me 20 minutes more to watch the whole thing, and I will show you how the big cycle worked across the last 500 years of history-and what the current world leading power, the United States, needs to do to remain strong.
I hope you find it valuable and look forward to hearing your thoughts.
You can buy the book on Amazon (www.amazon.com/Changing-World...) or in bookstores nationwide.
Key Sections:
1:33 - How I Learned to Anticipate the Future by Studying the Past
8:00 - Changing Orders
11:38 - The Big Cycle
18:26 - 500 Years of Big Cycles
18:45 - The Rise
26:16 - The Top
32:01- The Decline
39:39 - The Future
For more videos on The Changing World Order, view this playlist: • Ray Dalio on the Chang...
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For more from Ray:
Principles | #1 New York Times Bestseller: amzn.to/2JMewHb
Principles for Success, distills Principles into an easy-to-read and entertaining format for readers of all ages: amzn.to/34lgnNJ
Download his free app: principles.app.link/PFS
Connect with him on Facebook: / raydalio
Follow him on Twitter: / raydalio
Follow him on LinkedIn: / raydalio
Follow him on Instagram: / raydalio
Follow him on TikTok: / principlesbyraydalio
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Can we just stop for a moment to appreciate the high quality of knowledge available to most of the world through internet.
It being free though is an abomination - only a fact due to weak to non-existent intellectual property rights defense. And it's harming everyone. Everyone. It's living in unreality.
It’s stunning. I’ve learned vastly more online that in my formal education, barring reading and writing.
Absolutely incredible. Everyday I remind myself of this.
“All documented human knowledge of the universe is at your fingertips.”
ray dalio is a legend
I’m an archaeologist. I study systems collapse: how complex civilizations rise and fall. Any idiot can complicate a simple thing; but to take the complex and elegantly reduce it to its simplest form while preserving analytical rigour - that’s the hallmark of genius. This presentation does just that.
@@hiteshpadhiyarhiteshpadhiy9046 nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn? Mmmmmmmmm? Nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn? Nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Do you think monetary inflation (due to government corruption) is good for an economy? Did you vote for Trump or Biden in 2020?
Edit: Lmao, imagine writing more about Trump than Biden’s insane levels of corruption 😂🤦♂️
@@jeffw8218 - Inflation is not good. Government corruption is not good. I voted for neither. I’m not an American - but even if I was, I would vote for neither. Power has permanently shifted away from the public and into the private sphere. It no longer matters who governs. All who occupy the highest public offices in the land are placed there simply to carry out the agenda of their corporate masters. It’s abundantly evident that “the game is rigged”. Biden, like several of his immediate predecessors, is a willing pawn of the corporatist oligarchy; Trump was an aberration, but not because he was a “political outsider “. He differs from the bog standard issue politician only in so far as he is himself one of the 0.001%. What he lacks in manners, education, tact, sophistication, and political savvy, he more than made up for with the brand of vacuous populism and the kind of boorish entertainment appeal which greatly resonate with America’s ‘hoi polloi’. The corporate class and financiers of Wall Street got to thinking of cutting out the middleman and putting one of their own number in charge. In this way, they could pass whatever legislation they wanted so that they could continue to deregulate the business system. Unhindered by any real opposition, they could thereby further erode democratic institutions and disintegrate what was left of the middle working class in America. Because, you know...”Too Big to Fail”...”small government”...”Big Business”...”innovative entrepreneurship”...”rugged individualism” “free enterprise”...”Invisible Hand of The Market”...”fiscal responsibility”...”capitalism for The Many, socialism for The Few”...”greed is good”, and all the other charming fables of corporatist mythology. For them, you see, it’s never enough....it’s never, EVER going to be enough. It all seemed like a good idea at the time, but of course, Trump was such a massive embarrassment that they couldn’t get him out of The Oval soon enough. And naturally, Trump being Trump, he was not willing to go gracefully, which caused even more embarrassment...Yes, giving ‘The Donald’ executive power was a massive blunder for his rich cronies: for one thing, he’s got a really big mouth and very little grey matter, so this winning combination often threatened to expose the shenanigans of the plutocratic misanthropes. Well, in the end we all saw how well all of that turned out: the owners of the world are not likely to repeat THAT ingenious experiment again any time soon...
I am an archeo-fartist and I had the same experience.
@@gora876 - Fascinating field you’re in...do tell more.
Rarely I have seen an accomplished individual, giving
free life lessons and advice at the scale you are. Thank you Ray!!
He is so rich (and kind) that he freely passes it on. One of the top holders of personal physical gold.
The money system is completely changing. The US paper dollar is going bye bye. BRICS are going to trade with their own currencies. That will bankrupt us real quick.
The good news is that the US corporation will go bankrupt. Along with the satanic elite global slum bankers and their central bank. We became a corporation in 1871 and will become a republic once again soon.
We either go bankrupt as a corporation or switch to a republic and wipe away all debts. That is what is coming. Deep state loses, we win!!!!! You’ll see. Surely Dalio knows.
A free lesson or a promotion of his book?
You mean he is promoting the book to add few dollars to his 20 Billion worth?
Why not?
Explained 500 years of economic rise and downturns of nations brilliantly. Hats off to Ray Dalio and Team.
he pulled it out of his ass
Here, here!
😂
500
It’s incredible how Ray Dalio can simplify quite complex concepts and explain 500 years of history in 45 minutes. Thank you.
Yes, this man is amazing.
Thank you Ray..please Make your book available in India very soon
It would INDEED be incredible if he actually did that.
Let's be real, he probably has a whole production team that wrote the script for this video 😅. I'm sure he mostly just had to read the script when it was given to him haha. But yeah, he definitely does a great job communicating the content
How about post WW2 history - The Sustained Growth of The Internazi Neo (Lib-Con) World Order..... Had the chance of nuclear supremacy but instead allowed our cultural enemies to gain nukes while letting Paper-clipped Nazis and their US Fanz take over the Military-Industrial-Scientific-Data Junky Complex... Nice.... NOT!.... USians hey...
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Not sure if Putin is till on-board with them or not to be honest, or whether they really have ditched Russia... Ramped up their domination in the last 40 years by heavily invested in unscrupulous foreign nations to get round Western standards..If you defy the NWO they proxy war you, or shock & awe you... If you choose Neutrality they spend a lot of time provoking you into joining them by carrots & sticks..
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INSIPID, like the USSR / Putin / China / Islam / Catholicism - GLOBALISTS... The NWO is proving to be everything we expected it to be.. Global Corporate Communism in the West where Corporations own the means of production, and The State and The Government, and increasingly the housing stock.... In the East its State Capitalism, where The State owns The Corps that own The Means of Production...
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It is not free market capitalism or communism, it's the worst of both systems, as a Libertarian Nationalist. Of course, you can trace the roots of the Internazi Neo World Order back to wherever you like, as their modus operandi is as old as civilisation itself... Forced Mass Sales Scams, absolute monetary control, lording it over The Renters, The Neo Serfs.. Social Credit is as old as the hills... Tiered societies, free speech and unbiased press stamped on from above, and below by Fanatical Followers..
This is what the internet was made for. To provide knowledge to those that are willing to learn.
True
The Internet is for porn. Always has been and always will.
Just a few are willing to learn
Truee. ARPANET
@@WiseOwl_1408 facts!
I've only watched 6 minutes of this video, and I've learned more about our past mistakes in these 6 minutes than I EVER did in High School, that's insane!
u think school is meant to educate you properly lol
I remember going on Duo Lingo and learning German better and faster than in high-school. We need better teachers and increased internet learning.
"Earn more than we spend and treat others well." I'll be living my life this way. I hope the nation can too. Thanks Ray
You're pretty naive my friend.. ignorance is bliss
@@Marchosias_Rex We're gonna need an elaboration chief.
Earn more than spending means that somewhere else, someone is spending more than they are earning.
Those are two good goals
I can't believe that after 40 plus minutes of such a good explanation, he came up with such an absolute pile of crap deduction. If that isn't a veiled austerity conclusion, I don't know what it is. And while all social programs get cut, make sure you treat people well.
This is a surprisingly positive video from a man whose research indicates that we are on the verge of the "wars and revolutions" phase.
nope, we are in fear phase
@@dekapitatorr he said “on the verge of”, indicating he didn’t mean we were in that time currently.
@@Tavi78 don't take his work as a law. The data he claims which shows that, does in reality not show that. U can look it up urself, u have google. I don't say he is wrong about cycles btw, I just say the metrics he uses to describe the position of USA/Dutch don't hold for the position he puts china in. If u apply the metrics and compare them like he claims he has done (does not include the data on china is his book tho), then u will find, that china is actually in a similar spot with the USA. They have similar issues and obviously different ones too, since the systems are built completely different. So my question is: Why not include the fing data if this is such a mindblowing fact based analysis? Why stop fact based analysis when he reaches the classification of china in his OWN system.
Ii
@@chrisso3082 Agree. In terms of military, education, and technological innovation, I find China is centuries behind USA and replacing dollar as reserved currency with Chinese Yuan without a big war between these two power and comparison of these aspects is very unrealistic. USA won’t give in their currency status so easily and China can’t earn it without fighting a war with USA.
BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.
The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds.
I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Margaret Johnson Arndt a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.
@@MarkFreeman-xi3rk How can i reach her, because I’m seeking for a more effective investment approach on my saving.
You can do a web check where you can connect with her, and do your research with her full names mentioned..
thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply
To spend your life gaining knowledge and wisdom is what life is about, then sharing generously, is the mark of a life well lived. Hats off to Ray!
We need more men like you with us @HISWorldNeedsMen Coming Soon! Please join us!
დ😢ტ
"Fruits of success contain the seeds of decline."
What a poetic line!
So true. After WW2 Breton Woods move towards fiat and in the UK the creation of the welfare state/NHS were the seeds of sowing our current sovereign bankruptcy.
We build Chinatowns everywhere. It’s game over
Highly recommend reading Sir John Glubb’s essay (free online) “the Fate of Empires & the Search for Survival”.
@@geoffrobinson dude, this is article is a gold mine
@@arjungupta5614 someone should do a well produced video on that essay
I am Chinese. In the Chinese culture, it is well-known concepts that 盛极而衰(prosperity to the most then decline), and 否极泰来 (decline to the most then rise). It's amazing to see your detailed explanations with data, charts and animations. I hope there will be no war in the crossing of curves of the US and China.
Me too. I think most people in the US just want to live life more simply. We should let China take the place we have occupied for so long.
10:47 should use Republic of China Flag instead of France Flag..... French already surrender at that point.
Yep. I hope it's gonna be a cold but peaceful transition. War is getting deadlier and costlier each time
There is simply no way the rest of the world will live under Chinese-Style Social Order without a massive fight. People are not going to be "social credit scored" into being locked in their 'economic zone' or city or home or room or cage. Even the Chinese have had enough.
@@AJ-ox8xy this time things might be ... different. China rose so high in such a low period of time that they will start to suffer about developed countries problems very soon and by 2050 they will go from 1.2 B to 600 M
So we might see a war in this decade between usa and china but china doesn’t seem to like that at least yet or the us keeps the upper hand or a third country tires to take over and we just have a “cold war 2 “ . After all it never happened a cold war in the history of humanity between superpowers before usa and urrs . If it wasn’t for nukes we would have got ww3 for worlds domination already 50 years ago
Dear SIR, I am impressed by your ability to synthesize, correlate and explain such a complex and strategic topic in a didactic way...!!!!
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them.
I am fortunate I made productive decisions that changed my life forever through my finance mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.
You're really doing well for yourself, I'm forty five and my financiaI life is in a mess. Any tips would really go a long way in shaping my life.
To possibIy grow your finance, a mentor is needful to make it a reality. I engage in varieties of lnvestments with the ldeas of my mentor and so far have achieved so much already.
sear ch her full name below, if you care
•Rebecca Martin Watson.
I learned more in this video than I did in 25 years of schooling.
What did you learn that you never learned/heard anywhere else?
Exaggerated statements are also harmful.
@@non-senseredefined7288 I think the comment may be interpreted thusly: The massive volume of information learned in those years of schooling, technically accurate as it may have been, was less comprehensively delivered and less useful/applicable personally than the content of the video in question.
... Or it's just another example of the hyperbolic language virus that's infected the world.
Nobody knows how much this man learned in school
School test your memory not your intelligence
Sometimes when you are in a dark place, you think that you are buried but you have actually been planted. If you are going through that hard time, just know that I am cheering for you..
Building wealth involves developing good habits like
regularly putting money away in intervals for solid
investments. The stock market has plenty of
opportunities to earn which I myself took advantage of.
I made my first million from going diverse, mainly
ETFs(stocks, bonds etc), bitcoin, and gold. Investing in any of these should be in everyones mind.
@@terfastarik9698 yeah, With the current problem around the world today I think it's best everyone invest more in digital asset than
Saving in banks and real estate. Just my thoughts
@@danaandrioaie1495 True, imagine what will happen to the banks and
houses in Ukraine due to the bomb blast from Russia, It's better to keep money digital no one knows
tomorrow
@@danaandrioaie1495 Speaking of digital assets do you mean bitcoin?!
@@danaandrioaie1495 I don't think investing in bitcoin now
is a good idea, i'm currently running on huge loss the
market is crashing
OMG 45 minutes but felt like 10!!! So much crucial information condensed in one easy to digest short video!!! Thank you Ray Dalio!!!
This. This is what kids starting from 12 should be watching in school. Well animated. Simple so as a child could grasp it.
Wow! If only History and World Economics had been presented this well in school, I would have been so much more likely to grasp and enjoy learning about them. This should be a mandatory watch in High school.
Well no because then you'd probably be able to actually capitalise on your knowledge and that would threaten the ruling class. You're not meant to be smart enough to profit from it, but still smart enough to use it so our rulers can profit from it. It's designed the way it's meant to be.
The creators of the federal reserve were also on the board of education at the time and removed much of it from the educational system.
100%!!!
he's a serious maestro!!
No! You must suffer the burden of dull clinical textbooks and teachers like the rest of us.
Even with a short attention span of mine, I was hooked for 43mins straight. Definitely need to read the book!
visual stim.
Repent to Jesus Christ
“Dear children, let us not love with words or speech but with actions and in truth.”
1 John 3:18 NIV
K
@@seekhimwithallyourheartand3358 Shut the fuck up.
The animation was great too
@@seekhimwithallyourheartand3358 Jesus is a dam illegal border hopper
This isn't just a history lesson people, its whats coming for us!
I've never seen such a complex and dry topic being explained with such elegance and beauty on TH-cam. Humanity is indebted to you.
Hard to believe you can get content this great for free nowadays. Incredibly well put together.
Indeed, great times we're in. I am now also sharing investment tips through my newly created channel which would be so difficult without the internet.
Free, but not really. He does get ad revenue form it and it also acts as an advertisement for his book. It's a win-win situation.
@@immanuelaj His net worth is $20 billion. He probably doesn’t care about ad revenues and book publications lol.
He himself said he wants to share whatever he has learned throughout the years. Money is secondary.
@@kk6195 Thanks for the info. I've never heard of him before today.
lots of simplifications, yet it was a good "read"....
As a 22 years old, I am grateful to come across the priceless lesson Ray Dalio offers. His videos and books are going to help guide me towards a meaningful path. Thank you Mr. Dalio for sharing your lifetime knowledge with us!
You are so lucky to learn this at just 22 yr old age.
Same age, same comment.
Better crack on then. You’re running out of time
I am also grateful that i learned this priceless lesson at just 18 years old
Yes, it's amazing content. If only they would have taught me all this in school! Luckily, I'm still young
The smart ones find the info, thru perseverance or hard work. But here we are. . Its the way the Universe works. Mr Dalio created the content of this epic video, thank you Sir!
This was great package of knowledge &wisdom packed in 43 minutes. This was more than worth it!!
Never in the history of the human race has the information been 'out there' and available to virtually everyone. The internet allows for this and education post pandemic has shown that. We have no excuse. I just hope we get it together. I'm grateful to Dalio and his team for these ideas and presenting them in such an graspable way.
Yes, but there is a lot of false information out there also. It takes discernment to know the difference sometimes.
@@tmo4330 discernment then, must be the difference between a facebook article and a scientific journal ...
@@tmo4330 The response to conspiracy theorists airing out dirty laundry like the towers was to discredit true conspiracy theory with disinfo like flat earth and that there is no 'space'. The ultimate truth is: They fabricated new religions from previous hidden texts and they are about to play out revelations in the bible. The hope of a savior in christianity greases the pan for the antichrist, or savior of another religion, depending which book you read.
Most people get their news and info from social media and Fox News.🙄😬
Yes, every crisis usually starts when the politicians hide the truth from the public, unfortunately they own most of the internet today too. We still have a long way to go.
I have produced thousands of educational videos on TH-cam over the past 15 years. This is without question, the best educational video I’ve ever seen. How they summarized 500 years of human history, and under 45 minutes is nothing short of brilliant.
@D X I think they meant the USA focused and world economic history :)
nice crypto channel
Any educative vlog channels
Propaganda is usually very highly polished. Those that do not study history are doomed to repeat it. If a billionaire is heavily invested in an antagonist, authoritarian country, I would definitely take his history lesson with a grain of salt. Wake up!
When or where it talks about Rothchildes???
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
Despite utilizing the correct strategies and possessing the right assets, there can still be variations in the investment returns among different investors. It is important to acknowledge that experience plays a crucial role in investment success. Personally, I realized the significance of this and sought the guidance of a market analyst, which enabled me to substantially grow my account to nearly a million. I strategically withdrew my profits just before the market correction, and now I am taking advantage of the buying opportunities once again.
@tommychestnut5335 Please can you leave the info of your investment advisor here? I’m in dire need for one
My Financial Consultant is Debra Ella Nicholas. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so. `
@tommychestnut5335 Thanks, I just googled Debra and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
I still can't believe this man put 50 years of learning and 40 years of research into this video. You can see it in some small details (the graphs) how much in depth knowledge is in this.
It’s actually quite shallow
its a Elliot wave Principle
usa is scumbag country. they are collapsing now heading for the drain. devil worshippers running usa. literally. they brainwashed the citizens into becoming sheeps to increase the wealth of the 1% population there. even the system is enslaving the citizens there. from education to taxes to healthcare. pure evil.
@@tradedifferentnpc657
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@@Joshualovespeople p
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
@Jamie Janny Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
@Jamie Janny Yeah you're right that's why I had start Forex trading two months ago and now i'm making benefits from it now .
@Scott Nicole O ' Yes I'm a living testimony of her good work expert Benson Sandra
Mrs Benson Sandra has changed my financial
status for the best ,all thanks to my aunt
O video é sensacional e sintetiza muito conhecimento de forma simples. Parabéns pela boa ação.
I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?
I think it's the professionals and those who use their services that are really pulling in the big money right now. There are really advisors that can help you achieve very consistent growth. I have a friend who pulled in more than $80k profit within three months. So you just have to make some research and get one who fits your fin-goal.
Investing in quality stocks with long-term potential is a good strategy, but it can be challenging for the average person to do this on their own. Keeping up with industry news and earnings can be time-consuming and difficult. That's why it's easier to work with an advisor who can help you make informed decisions and potentially achieve high returns.
@@TomD226 Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is he?
@lowcostfresh2266 It’s a She actually, Laurel Dell Sroufe I initially came across her on a CNBC news report then on smartadvisors and I decided to hit her up. Best decision I made to stay afloat 2020.
@@TomD226 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
*"The best time to plant a tree was 20 years ago and the next best time is now"* I consider this to be best motivational quote I've heard in a very long time. But motivational quotes are useless if you don't practice what you preach*
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks.
It's surprising to know that "99.9% of billionaires are secret investors in bitcoin!!! It's where they grow their billion dollars portfolio. The rich does what the poor is scared of doing!!!
@@chrisclifford3929
After what has unfolded in 2020 I no longer view btc as speculation. more so an inevitability. Even if it takes 10 years to get $100k that would mean the average rate of return with a daily $100. Over a year is 100% what asset class out there today offer that type of opportunity?
I wanted to trade crypto but I got confused with the fluctuations in price
@@janenathan2263
That won't bother you if you trade with a professional like Mark Cuban my coach, you may have come across him on a few interviews.
In 43 mins I learned compared to an entire undergrad class on economics based on theory and formulas. Engaging and complex concepts distilled down to be easy to understand. Thank you so much for taking the time to make this and publish it online!
*Feedback appreciated.*
*Wanting more info and insight?*
*WatsApp the number above💬*
*Endeavour to reach out⤴️:..,*
After reading these comments I am staggered how ill-informed about Economic History Americans are, even when the Author is American!. Charles Kindleberger: Manias, panics and crashes : a history of financial crises. I am gobsmacked Dalio is just finding this !! DUH!!!
Really what did you actually learn from this? Like honestly, about economics, because this whole thing was just a pro capitalism approach to world history.
Lazy brains LOVE simple stories. You tubes greatest gift. Especially from billionaires who seem to know lots about patterns but not so much about principles to live a life of integrity.
When making a buck and being in top are the principles you live by, be certain that these people are supporting the war machine and our mass murdering addicts of power and are now probably investing over at the rising power of China and Saudi Arabia because after all enough will never be enough for an addict.
Actually, if you follow the money, Ray Dalio seems to be using this video to sell his book and then using his book to sell his investment course… Guess what he is in favor of investing in…??? Yup, China. Communist China. Way to turncoat Ray!!
🎯 Key Takeaways for quick navigation:
00:00 🌍 Ray Dalio emphasizes that the future will be very different from our lifetimes, but not unprecedented when looking at history.
00:39 📚 Dalio has studied the last 500 years of history to understand the changing world order, including the rise and fall of empires like the Dutch, British, and US.
01:18 📖 Dalio mentions his book, "Principles for Dealing with the Changing World Order," as a comprehensive source for understanding these changes.
02:01 💵 Discusses how the U.S. defaulted on its debts in 1971, shifting from the gold standard to paper money.
03:27 🎙️ Recalls President Nixon's announcement that suspended the convertibility of the dollar into gold, effectively defaulting without explicitly stating so.
04:25 ⏳ Explains that similar events occurred in history, specifically in 1933, teaching him to study the past to anticipate the future.
06:24 💡 Reveals the principle that when central banks print a lot of money in a crisis, it generally leads to a rise in stocks, gold, and commodities.
08:03 🌐 Notes three big contemporary issues: countries printing money to pay debts, growing wealth gaps leading to internal conflicts, and the rise of China challenging U.S. dominance.
09:36 ⚖️ Defines what an "order" is and how internal orders within countries and world orders change, typically after wars.
11:32 🔄 Introduces the concept of the "big cycle" to understand the rise and fall of empires and their currencies, stating these cycles last approximately 250 years.
13:06 🥊 Observes that leading powers don't decline without conflict, hinting at possible future tensions.
13:36 📊 The power of an empire is measured using eight key metrics: education, inventiveness, competitiveness, economic output, world trade share, military strength, financial center strength, and reserve currency strength.
14:06 🔄 Ray Dalio explains that empires typically follow a cycle involving their rise and fall, driven by cause-effect relationships.
15:08 📈 Initial periods of peace and prosperity often follow the rise of a new dominant power, leading to financial bubbles and increased trade.
15:38 💸 Prosperity usually increases wealth inequality, creating tension between the rich and the poor, which can lead to internal conflict or even revolution.
16:09 🌍 While dealing with internal conflicts, empires weaken compared to rising external powers, leading to external conflicts or wars.
17:38 🩺 The "health" of an empire can be better predicted through indicators of power rather than merely its age.
19:15 👑 Strong leadership over several generations and well-designed systems are crucial for a rising empire.
20:44 💡 Innovation and openness to global thought are vital for the empire's growth and competitive edge.
22:13 🏦 Strong financial systems, like lending and capital markets, are crucial for empowering productivity and innovation.
25:15 💵 Having a reserve currency gives an empire a huge borrowing advantage, often leading to financial bubbles.
26:29 📉 The very strengths that make an empire powerful also plant the seeds of its decline, such as increased costs reducing competitiveness.
27:01 🛳️ Decline of empires often begins when they lose competitiveness. For example, British shipbuilders used less expensive workers but hired Dutch designers to outcompete the Dutch.
27:28 🍷 As a society becomes wealthier, values change and people become less driven, focusing on leisure and less productive pursuits.
28:35 💸 Wealth gaps increase as the rich use their resources to maintain their power, leading to growing social and political divides.
29:06 💵 Having the world's reserve currency can lead to excessive borrowing, which ultimately weakens the nation's economy in the long run.
30:06 🌍 Overextension in international commitments makes maintaining an empire increasingly unprofitable.
31:05 🔄 Wealth and power shifts can begin when richer countries start borrowing from poorer countries that save more.
32:11 📉 Empires typically experience decline gradually, then suddenly, often triggered by a financial crisis.
33:47 🎭 Political extremism and populism rise during times of economic hardship, creating internal conflicts.
35:18 ⚔️ Internal weakness makes empires more susceptible to challenges from rising external powers, increasing the risk of international conflict.
36:51 🌐 Wars often mark the end of an empire's dominant cycle and pave the way for a new world order.
38:54 🔄 Empires go through cycles of rise and decline, and while the circumstances may differ, the core dynamics often remain the same.
40:11 🔄 Reversing a nation's decline is difficult but possible by paying attention to key indicators.
40:44 🌡️ Vital signs like education, competitiveness, and social factors can be used to estimate a nation's longevity.
41:14 ⚖️ A nation's success hinges on two fundamentals: earning more than it spends and treating its citizens well.
41:48 🗺️ The speaker's aim is to help people understand the world's current state and the challenges it faces.
42:24 📚 For further insights, the speaker recommends his book and looks forward to continuing the discussion online.
I see 2-3yrs recession. Fed will raise interests in Sept 2022 if inflation doesn't peak. Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of AUD580k within 16-months from an initially stagnant Portf0lio worth AUD85k.
@@martingiavarini
@@hermanramos7092 Sure,,the Invëstmënt-Advisër that guides me is ''Catherine Morrison Evans" and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up..
@@martingiavarini Catherine really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
This is one of the best explanations on the rise and fall of empires I've ever seen. Thank you Mr. Dalio for your many contribution to society and for increasing knowledge on a much needed topic. 🙏
Absolutely
Agreed. Thankful he took the time to put this together.
Vvvvvgcx
agreed lets remember ray dalio he was a great leader
Erreeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
As someone who has been very interested in learning more about history this is truly one of the best videos I’ve ever seen when it comes to simplifying the rise and fall of countries and why it happens. Thank you!
The point isn't to simplify, but to clarify
Chainlink
That's why Ray Dalio built the largest hedge fund in history. Not by studying finance and economics, by studying hundreds of years of history. That's what the book is and the summary given in this video. Truly a great man. He's older now and is a billionaire that has great charactery spending some of his money writing books and creating content in hopes of educating people.
@@thebenmeyer " is a billionaire that has great charactery spending some of his money writing books and creating content in hopes of educating people". Educating on what? On how to spend less money so guys like him could make more and not have to "run away" in their lifetime? Right!
Haha a new world order begins... with all European flags? Newsflash China and Japan have the next strongest economies, not UK, Germany LMAO
Thank you Ray Dalio. A real Gift to those of us that are overwhelmed by the uncertainty, facing us now. So intelligent the way you explain complex changes.
Best 40 minutes on economics I have ever heard in my life
This is an absolute MASTERPIECE, well done Ray.
I often agree with you Neil but never more than with that comment. I'm a huge Dalio fan too.
Defs best presentation so far!!!
YES
Too bad it's pretty much all twaddle. Ray gravely-voice wrong again. Follow his advice, invest in China and lose all your money. Good luck.
kekekeke. Dalio is completely wrong and is about to get stomped in his investments; not that it matters for him, since he's so rich.
This reminds me of the saying, "Hard times create strong men. Strong men create good times. Good times create weak men. And weak men create hard times." It's the same cycle.
all about me men, eh?
@@michaellewis6778 is it wrong that I looked past the pronouns and saw the message, which has nothing to do with gender/sex?
@@SirMeepAlot27 TOTALLY!!!
👏👏👏 EXACTLY.!!!
Oh no. So this is ... BS then ...
Thank you Mr Ray Dailo for this true life story, it is true we live our life with this type of story for many years. Thank you.
THANK you Ray. In this video you lay out the seeds of strategy for Americans who TRULY care about not just America but the prosperity of the entire world. Your work is a blessing to many. Can't wait to read your books next.
be part of my endorsement
dailobureau
@
gmail
I took Microeconomics and Macroeconomics in college and honestly I didn’t learn anything because my professors were focused on their political ideology more than teaching. I’m thankful I watched this educational video. It taught me more than my Economy classes. Thank you sir.
That is not true. The circumstantial evidence against your statement is overwhelming.
@@fredfreddy8684 first, this is true. Second, you don’t know if this is true or not because you weren’t in my classes. Third, my Econ Professors were too busy endorsing Joe Biden than actually teaching their students and that’s why most of the students failed their classes. Lastly, this is in the college I attend and in some of MY Econ classes NOT every college or classes or professors are like that.
@@petergeorge8696 You might be telling the truth. You never said if you passed the course(s). If you failed, you might be telling the truth.
Here is my suspicion. You are a trump cultist. Biden beat trump, so you probably are stuck in a permanent tantrum. Econ teacher explains stimulus, fed rate alterations, the need for infrastructure...and you burned inside.
If you passed, you learned your basic market economy education.
@@fredfreddy8684 because I said “Joe Biden” that doesn’t mean I’m President Trump support. You can’t judge or assume. And yes, I’m President Trump supporter. Also, I passed and hardly. My point isn’t Biden or Trump or Aliens 👽. My point is professors should stick to teaching and not talk about their political ideology. I’m paying them to teach me Econ, Math, Accounting, Finance, English, etc. I don’t need their opinion about politics in class rooms because they can offend people. They can talk about politics in their house or with friends but not in classrooms. And the main thing you can’t even talk back about your opinion because you get afraid if they might fail you. Thats goes to every political party and that’s just SAD.
@@petergeorge8696 Professors need to use historical examples for illustration purposes.
My Macro/micro econ course used the rapid growth of SF in 1849- to show what happens when the public sector can't grow fast enough to work well in the private sector. People started minting their own coins. Exchange rate was based on how much dust a person could pinch. People were shaving the edges of coins and melting the stuff into new coins. The mail service couldn't keep up. Housing got very chaotic.
What were you told that offended?
This needs to presented in every high school class in the country! Brilliant!
es, Mr. Buckner! Great speaker AND a great writer; a rare combination to be found these days on the internet. Now I wonder why "economics" wasn't required at my high school???? Should have been right up there with World History, should it not have ?
This author is influencing allot of students, I think, too ? -This being MY book; if I had written one, it would be "about" how "unconditional love for humanity" IS possibly more important than the concept of " World Economics ?" I was engaged to a guy from New York, Manhattan Island, actually, he always talked about his high school, "Stiverson?" I think. He and I continually debated this; Him being an economic major, and an art minor he said just for fun and some easy units !). and me being a Sociology Major, and a Music minor from California. He took a job with a company in Van Nuys, "Hooker Headers"..I'd thought a funny name back then; He had worked his way up to a position of Manager of the J.C. Penney, a Tire company on Manhattan Island, BECAUSE, he said he loved race cars, and knew how to get supporters just by "working with and around" these types of people. Though I never have liked "loud noises", I'd accompany him to his racing the car they titled " The Penny Pincher"...financed by JC Penny, of course. A good-lookin' hard working, determined handsome man, George Jasous had also played football with the "Jets." ("Great exercise and good planning in the brain," he'd say! ) Unfortunately, George was not a great "health enthusiast," and he passed away at quite a young age; I attributed that to the "stress" involved in his economically superior ideas... He used to take me to night clubs and listen to me sing, and our debate would always ensue over and over. He'd say "Economics Rule the World", and I'd continue to contend, the "heart" rules the world. No one ever won the debate, and we also, never married. I did learn that his suggestion of "working in and around the types of people who are successfully active at what you "think" your own goals are" holds merit.. but I still am writing music, avoiding the stress of the "performance", and am not a quitter. But the debate still remains....George sort of had an "Unconditional love" toward ME... I still pursue ""Unconditional love toward humanity." Not having the tenacity to write the full symphony, nor the book, I'm sure I will someday write a song dedicated to George... Not " Born in the USA", it would instead be " Born in Brooklyn"...Never met a New Yorker who was a quitter, ha. Economics may rule the world, but I still contend, that love for ones fellow man, still rules the world. (George would say I'm just dreaming!) . Perhaps I felt compelled to write this, because I see some high school students really APPRECIATING this video..so well done, and by a great speaker, too.
"I Ain't no Middleman"
Fred Gold & Lynda Faye
RIP George- He was never a "middle man" either.
LyndaFayeSmusic@gmail.com
Why?
The best documentary about economics I have ever seen... Would be great to have subtitles in many languages to share with friends from other countries!
THANK YOU MR DALIO. That you would take the time to help us understand is amazing to me. Thank your lovely wife too please.
It’s crazy that you can get a better education on TH-cam than an Ivy League school and it’s free. Thank you Ray.
Nah, its ironic. Normal education is big narrative con. We home-schooled 5 kids, and as adults they know more about most things than schooled kids.
Spoken like someone who has never been to an Ivy league university.
Lol, Ray is a graduate of Harvard, so you’re getting the standards of excellence that those institutions were historically founded upon without the toxicity of the current “academia world order”! Thank God for the internet and people like Ray who are willing to freely share their knowledge and wisdom!
@@JoyCrossbridge I believe Ray has been to university. That has nothing to do with my reply. The only person that thinks a video like this, which is a sales video by the way, is similar to an ivy League education has no idea what has included with an ivy League education and therefore would have no basis for comparison. Also, if you believe this is anything more than a video meant to sell books, might I recommend taking a media literacy course at one of said ivy League educational institutions so you can start to decipher the difference between content meant for learning and content meant for selling a product.
@@nicholasbenninghoff5899 "By their fruits we shall know them". Both 'Bush' presidents, other sleazeball politicians & slick lawyers were from 'Ivy League'.
Even dropouts like Mark Zuckerberg, Bill Gates, ad nauseam, are ALL fine examples of what "Ivy League" produces...🤑
Ray Dalio is the biggest thought leader alive. The amount of knowledge shared in his books is enormous. It is an act of unconditional love towards humanity.
Ha, funny to read your conclusion--This being MY book; if I had written one, it would be "about" how "unconditional love for humanity" IS possibly more important than the concept of " World Economics ?" I was engaged to a guy from New York, Manhattan Island, actually, he always talked about his high school, "Stiverson?" I think. He and I continually debated this; Him being an economic major, and an art minor he said just for fun and some easy units !). and me being a Sociology Major, and a Music minor from California. He took a job with a company in Van Nuys, "Hooker Headers"..I'd thought a funny name back then; He had worked his way up to a position of Manager of the J.C. Penney, a Tire company on Manhattan Island, BECAUSE, he said he loved race cars, and knew how to get supporters just by "working with and around" these types of people. Though I never have liked "loud noises", I'd accompany him to his racing the car they titled " The Penny Pincher"...financed by JC Penny, of course. A good-lookin' hard working, determined handsome man, George Jasous had also played football with the "Jets." ("Great exercise and good planning in the brain," he'd say! ) Unfortunately, George was not a great "health enthusiast," and he passed away at quite a young age; I attributed that to the "stress" involved in his economically superior ideas... He used to take me to night clubs and listen to me sing, and our debate would always ensue over and over. He'd say "Economics Rule the World", and I'd continue to contend, the "heart" rules the world. No one ever won the debate, and we also, never married. I did learn that his suggestion of "working in and around the types of people who are successfully active at what you "think" your own goals are" holds merit.. but I still am writing music, avoiding the stress of the "performance", and am not a quitter. But the debate still remains....George sort of had an "Unconditional love" toward ME... I still pursue ""Unconditional love toward humanity." Not having the tenacity to write the full symphony, nor the book, I'm sure I will someday write a song dedicated to George... Not " Born in the USA", it would instead be " Born in Brooklyn"...Never met a New Yorker who was a quitter, ha. Economics may rule the world, but I still contend, that love for ones fellow man, still rules the world. (George would say I'm just dreaming!) . Perhaps I felt compelled to write this, because I see some high school students really APPRECIATING this video..so well done, and by a great speaker, too.
"I Ain't no Middleman"
Fred Gold & Lynda Faye
RIP George- He was never a "middle man" either.
LyndaFayeSmusic@gmail.com
Ha! As if. He's a China puppet.
Lol
@@lyndafayesmusic ppp
If you like this video, Read ibn Khaldun's Muqadima (the introduction) for more insightful discussions on the topic.
I never felt like wanting to read a book like this one. I'll start as soon as possible 😅
One of the best informative, analytical and very educating peace of work. So enlightening.
Ray is like a mentor that you've never met. I love that he's shared his research with all of us.
He also gambled on China as has lost BADLY
@@slashingbison2503 One might argue that Ray is "long term"...he consistently states that timing the markets is not wise. I too am down in my China positions currently...and all I see is buying opportunities.
China is a poor man's Japan. When Japan lost WWII, they re-started their industry and made a lot of cheap products, but they got better, because their nation has pride. China had been shut off from the world since WWII until Clinton allowed trade to China, so their industrial revolution was late. They are like Japan when they got started, they produced cheap products in mass. However, they don't allow free thinkers in China. How are they gonna be innovative? They steal technology. The government are afraid to give free reign to people. A brilliant man may invent a device to kill all of China's leadership. Chinese government are afraid of informed geniuses among their population.
Allah سبحانه وتعالى said,
فَإِذَا مَسَّ الْإِنسَانَ ضُرٌّ دَعَانَا ثُمَّ إِذَا خَوَّلْنَاهُ نِعْمَةً مِّنَّا قَالَ إِنَّمَا أُوتِيتُهُ عَلَىٰ عِلْمٍ ۚ بَلْ هِيَ فِتْنَةٌ وَلَـٰكِنَّ أَكْثَرَهُمْ لَا يَعْلَمُونَ
When harm touches man, he calls to Us (for help); then when We have (rescued him from that harm and) changed it into a favour from Us, he says: "Only because of knowledge (that I possess) I obtained it." Nay, it is only a trial, but most of them know not!
قَدْ قَالَهَا الَّذِينَ مِن قَبْلِهِمْ فَمَا أَغْنَىٰ عَنْهُم مَّا كَانُوا يَكْسِبُونَ
Verily, those before them said it, yet (all) that they had earned availed them not.
فَأَصَابَهُمْ سَيِّئَاتُ مَا كَسَبُوا ۚ وَالَّذِينَ ظَلَمُوا مِنْ هَـٰؤُلَاءِ سَيُصِيبُهُمْ سَيِّئَاتُ مَا كَسَبُوا وَمَا هُم بِمُعْجِزِينَ
So, the evil results of that which they earned overtook them. And those who did wrong of these will also be overtaken by the evil results for that which they earned; and they will never be able to escape.
أَوَلَمْ يَعْلَمُوا أَنَّ اللَّهَ يَبْسُطُ الرِّزْقَ لِمَن يَشَاءُ وَيَقْدِرُ ۚ إِنَّ فِي ذَٰلِكَ لَآيَاتٍ لِّقَوْمٍ يُؤْمِنُونَ
Do they not know that Allah enlarges the provision for whom He wills, and straitens it (for whom He wills). Verily, in this are Ayat (Signs) for a people who believe! [Az-Zumar 39:49-52]
وَلَا تَمُدَّنَّ عَيْنَيْكَ إِلَىٰ مَا مَتَّعْنَا بِهِ أَزْوَاجًا مِّنْهُمْ زَهْرَةَ الْحَيَاةِ الدُّنْيَا لِنَفْتِنَهُمْ فِيهِ ۚ وَرِزْقُ رَبِّكَ خَيْرٌ وَأَبْقَىٰ
And strain not your eyes in longing for the things We have given for enjoyment to various groups of them (polytheists), the splendour of the life of this world, that We may test them thereby. But the provision (good reward in the Hereafter) of your Lord is better and more lasting. [Ta-Ha 20:131]
I really appreciate Mr Dalio s continuous efforts to share with us his knowledge. It has helped mould my investment policies.
If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has exhausted. Investment is a ladder to climb the financial wall.
I agree with you mate. Investment is also a bridge to sustaining your financial longevity. And not just any investment but an investment with assured return because there are investment that has no gives no profit.
it's best to have an investment man *ager* who has well acquainted knowledge about Investment, to help you earn from your Investment on your behalf while you oversee the Investment growth, having hundred percent access to your portfolio.
Speaking of investment man *ager* , any recommendation? . I will also want to know if while he/she handles my Investment, is my investment still accessible by me to monitor and authorize any action on the Investment portfolio?
My investment manager is Mrs Roy Kheler, she is knowledged when it comes to investment that assures daily and weekly returns.
Your investment portfolio is accessible by you alone. All Roy Kheler does is assist you on merge and activate your portfolio to begin generating daily earnings. while you monitor the profit rate and accumulation
This video subconsciously states the Indian cycle ended right before the Dutch began. Great video sir, indebted for the 40+ minutes of pure dopamine.
One of the most edifying videos for financial education. I recommend watching it in full. Congratulations Ray. My greetings from the Dominican Republic
WOW! This man is a genius! Why isn't this being taught in the public education system? I've gathered more relevant information about how society functions in this 45 minute video than in my 16 years of attending school. Well done, Mr. Dalio!!!!
Because schools train people to be followers and therefore work for very small pay and make the rich richer.
@Michael Glenn Rupisan I hope you're not saying that investing is bad.
Was anyone in the comments paying attention? We're clearly not in the "great education" phase of our country :P
They do it in some universities, specially the ones with a more left wing teachers (because the left is usually the one side that takes over in any internal conflict and then becomes the new right; so they are always aware of the conflict while the right isn't or tries to ignore it).
Then everyone would realize how inept our government is.
The entertainment value of this video is off the charts. Presenting such complicated history with such simplicity. Excellent 👌
Its almost like history isnt this simple
@@chrisstevens3801 The sign of a genius is turning complex ideas into simple solutions
Relax guy! If you didn't know empires rise and fall then you're living under a rock without any schooling regarding history.
5667,,,667
@@TheBrazilRules looney tunes too
Had to run it back after getting a portion of this video as an AD and abruptly cutting off when the AD countdown ended. Glad there’s a full version on YT.
A number of years ago, I wanted to do something to accelerate my time to being financially independent. I ended up investing 1k grands January with Diego Dias Cardoso, now I have an extra $700k. Thinking about getting first rental property
I've got quarter million to invest, but I want to ensure profits My friends say I shouldn't buy properties yet, as there is a makert crash coming. Love to give him a try
Well, when it comes to long term investment and improving one's portfolio with time, the person for the job is Diego Dias Cardoso Check. No doubt
Yes, how do we get in touch with him
He often interacts on I.n.s.t.a.g.r.a.m ig, using the user name mentioned Below.
@diego_diasfx
“Earn more than you spend, and treat each other as you wish to be treated”
rich people: "I'm going to treat the poor like they're worthless"
@@iceink Yet thanks to rich people you can have a job.
@@iceink have you ever met a rich person?
(edit: I'm not saying it's your fault if you haven't. There was a time both rich & poor ate at McDonald's)
@@Volticymo no, the reason I can have a job is because I have valuable skills and what I produce is actually valuable, while rich people produce nothing of value and simply were born into wealth and can exchange their paper scraps for something actually valuable since they're nothing but parasites that can't create on their own
Wow! They pushing this narrative and people think its knowledge? Really? Be very weary .
Time stamps:
0:00 - Intro
1:33 - How to anticipate the future by studying the past
4:22 - Currency Devaluation
6:46 - What to buy when a lot of money is being printed
8:01 - Changing Orders
11:39 - The Big Cycle
13:29 - Key measurements of countries strengths
14:49 - Rises and Declines
18:25 - 500 years of big cycles
18:45 - The Rise
26:16 - The Top
32:00 - The Decline
39:28 - Where are we heading towards - THE FUTURE
One of the best videos on TH-cam ever! Share it with your family and friends.
love your book ray
remember my name before this get 1 billion veiws. i am joking xD
love your book ray
remember ray dalio name future viewers :)
@sunny sunnyday it isn't, it was important in biblical times BCE they lost their right after CE they just blend in the sames with the nations, that's why the are prosperous because they hold those values til date. #knowledgeispower -Rita
Key Takeaways
00:00 🌍 Understanding the Changing World Order
Ray Dalio discusses the changing world order and the importance of studying history.
He highlights that major surprises often occur because they have happened before in history.
Ray mentions the need to study the last 500 years of history for insights into changing world orders.
He references his book, "Principles for Dealing with the Changing World Order."
Ray shares a personal story from 1971 about the U.S. running out of money and defaulting on its debts.
08:03 🏛 What Is an Order and How It Changes
Ray explains the concept of an order, which governs interactions within and between countries.
He distinguishes between internal and world orders.
Ray mentions that orders typically change after major conflicts or wars.
He discusses the importance of education, innovation, and technology development in the rise of an empire.
Ray explains the role of military strength and capital markets in empire building.
13:06 💹 Key Metrics for Measuring Empire Power
Ray outlines eight measurable metrics for assessing an empire's power.
He emphasizes the significance of education, economic output, and military strength.
Ray discusses the role of a country's currency as a reserve currency in its rise to power.
He mentions how the strength of financial centers and capital markets contributes to an empire's influence.
Ray highlights the interplay between capitalism, government, and military in successful empires.
18:45 🔄 The Phases of a Typical Empire Cycle: Rise
Ray describes the rise phase of a typical empire cycle.
He explains how revolutionary leaders consolidate power, establish institutions, and plan for succession.
Ray emphasizes the importance of strong education, innovation, and technology development during this phase.
He discusses how a country's economic output and share of world trade grow.
Ray explains the role of military strength and the development of capital markets in empire building.
26:29 ⏳ The Phases of a Typical Empire Cycle: Top
Ray discusses the top phase of a typical empire cycle.
He mentions that as empires become more prosperous, they may become less competitive.
Ray explains how wealth gaps can widen during this phase.
He highlights that financial bubbles often emerge as people bet on continued prosperity.
Ray discusses how the status quo and inheritance can influence values and politics.
29:06 💰 Borrowing, Debt, and the Weakening of Empires
Ray addresses the consequences of having the world's reserve currency, including excessive borrowing.
He explains that large debts with foreign lenders can weaken a country's financial health.
Ray mentions how excessive borrowing can lead to the weakening of a country's currency over time.
He touches on the potential for conflicts and resentments to arise due to wealth gaps and perceived unfairness.
Ray underscores the importance of understanding these dynamics in the context of a changing world order.
29:36 💰 The Financial Impact of Borrowing and Spending in Empires
Borrowing and spending can make an empire appear strong but weaken its finances.
Empires can become unprofitable when they overextend themselves.
Richer countries often borrow from poorer countries, signaling a power shift.
32:11 💥 The Bursting of Financial Bubbles in Empires
Financial bubbles burst when debts become too large, leading to hardships.
Countries often choose to print new money to deal with debt, leading to inflation.
Historical examples of financial crises in Dutch, British, and US empires.
33:47 🌍 The Impact of Economic Decline on Politics and Extremism
Economic decline leads to political extremism, both left and right.
Taxes on the rich often rise during such times.
Wealth flight and outflows reduce tax revenue, causing a hollowing-out effect.
36:18 🌐 International Conflict and the Role of Empires
International conflicts often arise when empires are weak.
Conflicts can lead to wars and military spending.
Poor economic conditions contribute to more fighting for wealth and power.
37:20 💱 The Decline of Empires and Reserve Currencies
The decline of empires often involves the devaluation of currencies.
Historical examples of currency devaluation in Dutch and British empires.
The status of the United States as of the recording.
Great video. Thank you Ray Dalio.
We would ask, who produced the video side of it? We need more of those videos
This was not an economic lesson. This was a life lesson.
That is exactly what i said to myself! I have been on a path personally these past couple years regarding treating all people well and improving my personal financial situation! I hope those around me start to do this also - or at least try to start doing this- (with the intention of considering each other as neighbors instead of the enemy). :) I am so grateful for Ray and this powerful loving gift he has given to those who watch this!
@@jennyhenley4130 well said jenny 👍
You, sir, are a gold standard for clear explanations of concepts outside the realm of most peoples' common understanding. Outstanding!
He just unloaded all his firms Alibaba holdings so, maybe don't listen so intently to his stance on China overtaking the US. Read about the Chinese real estate market and banking sector (and then you might see why he's eating his shoe on his love for Beijing at the moment)
@@zwhitehead403 their bubble for real estate will make ours look a drop. Some aren’t even breaking ground on houses that they have been paying on. People with 50k a year were getting million dollar house
Perhaps the best animated real life based "movie" I've ever watched. It's entertainingly educational. An eye opener. Ray Dalio is a great educator and master storyteller. Oh never mind that he's a great investor, too.
Thanks for sharing such high value insights with us. Everybody has something to learn from these videos. Let's be together and turn the rise to another dimension by caring for each other.
I’ve learn more about history and economics in 43 minutes then I did in my entire school years .
You should pay attention in school.
Same
You should have paid more attention
All depends from what country education you get ;)
@@MrSupernova111 school teachers get paid to student sit (aka/ babysit)... you learn from living in the real world and thru experience...
Let’s take a moment to appreciate Ray Dalio and his hard work, especially during times like these. Bravo Sir 🙏🏽
True
bravoooo dalio
@@whatever2057 shut up
A "MOMENT ?" Ha, I fear he inspired me to write a book about a guy from the Bronx who tried to tell me this DECADES ago.
Surely another video is coming; Put him on my " A" list of vides to review.
I'll just bet that some of the TEACHERS who are watching this video, will be USING this video to enhance some of their classes as we "speak?"
I, personally don't like "reading books", though I did make it through the Communist Manifesto in High School! I'D LOVE TO "SEE" hear this man write a FOLLOW UP VIDEO... Perhaps he could TRY to see it to the Junior Highs as well as the high schools, too ?
Great speaker AND a great writer; a rare combination to be found these days on the internet. Now I wonder why "economics" wasn't required at my high school???? Should have been right up there with World History, should it not have ?
This author is influencing allot of students, I think, too ? -This being MY book; if I had written one, it would be "about" how "unconditional love for humanity" IS possibly more important than the concept of " World Economics ?" I was engaged to a guy from New York, Manhattan Island, actually, he always talked about his high school, "Stiverson?" I think. He and I continually debated this; Him being an economic major, and an art minor he said just for fun and some easy units !). and me being a Sociology Major, and a Music minor from California. He took a job with a company in Van Nuys, "Hooker Headers"..I'd thought a funny name back then; He had worked his way up to a position of Manager of the J.C. Penney, a Tire company on Manhattan Island, BECAUSE, he said he loved race cars, and knew how to get supporters just by "working with and around" these types of people. Though I never have liked "loud noises", I'd accompany him to his racing the car they titled " The Penny Pincher"...financed by JC Penny, of course. A good-lookin' hard working, determined handsome man, George Jasous had also played football with the "Jets." ("Great exercise and good planning in the brain," he'd say! ) Unfortunately, George was not a great "health enthusiast," and he passed away at quite a young age; I attributed that to the "stress" involved in his economically superior ideas... He used to take me to night clubs and listen to me sing, and our debate would always ensue over and over. He'd say "Economics Rule the World", and I'd continue to contend, the "heart" rules the world. No one ever won the debate, and we also, never married. I did learn that his suggestion of "working in and around the types of people who are successfully active at what you "think" your own goals are" holds merit.. but I still am writing music, avoiding the stress of the "performance", and am not a quitter. But the debate still remains....George sort of had an "Unconditional love" toward ME... I still pursue ""Unconditional love toward humanity." Not having the tenacity to write the full symphony, nor the book, I'm sure I will someday write a song dedicated to George... Not " Born in the USA", it would instead be " Born in Brooklyn"...Never met a New Yorker who was a quitter, ha. Economics may rule the world, but I still contend, that love for ones fellow man, still rules the world. (George would say I'm just dreaming!) . Perhaps I felt compelled to write this, because I see some high school students really APPRECIATING this video..so well done, and by a great speaker, too.
"I Ain't no Middleman"
Fred Gold & Lynda Faye
RIP George- He was never a "middle man" either.
LyndaFayeSmusic@gmail.com
practically a year of school in 40 mins.
Thank you Ray Dalio! Much appreciated, I learned so much!
be part of my ongoing endorsement
dailobureau
@
gmail
Ray Dalio is the modern day Adam Smith. He explains economic principles in the most simplistic manner. One day his writings will be widely adopted and taught.
Yea, if "one day" comes!
simplistic - excessively simplified, treating a subject with false simplicity by ignoring complicating factors
I think you mean simple, not simplistic!
If Russia and China win no they will not
@@Simon-d that’s how I see these videos
One of the best educational videos I’ve seen on TH-cam. I was so immersed that I didn’t realise 45 mins had passed, it felt like 10. Subscribed.
Not sure why this is not in schools other then most are government run schools
@@DANTHETUBEMAN il oo poli nininiinnii
yet he is wrong, china also collapsing. And not world that is collapsing. its the western caucasian countries and the east asians both are collapsing. capitalism literally collapsing. central asia is rising along with middle east. THE EPIC SHIFT IN WORLD ORDER. it's the historical 900 years cycle. History is repeating. looking back rome and persia collapsing making way for ISLAM EMPIRE . the biggest of all empire
russia + usa collapse = Afghanistan will rise and muslims countries will follow suit.
it's the law of the world. empires ALWAYS SHIFTING
@@DANTHETUBEMAN to mktg to
If you liked this video, I highly recommend checking out Grand Theft World. They are a group of human historical encyclopedias (forensic historians) that delve deep into the generalities proposed in this video. For example, how governments have actually been the ones who intentionally fomented internal discord in their own countries as an excuse to grow state power in an attempt to prolong their self-imposed declines due to financial irresponsibility. Also, they very clearly document all of their sources for you to verify on your own. What's more incredible is they teach how the same groups of elites have been on both sides of every conflict, and the notion of "sovereign nation-states" is really a bunch of Kabuki theater to hide the consolidation of power that's actually taking place.
Earn more than we spend and treat each other well. That’s deep
Very good lesson! Thank you ❤
This is one of the most informative and educational videos I’ve watched. Thank you Mr. Dalio.
It should be. He paid a lot of money for it.
Dalio literally telling us to allocate our portfolio to Chinese stocks. $HUYA $BABA. That's exactly what Charlie Munger, and Bridgewater Associatesare doing
@@bobby7844 What do you mean?
@@georgehollingsworth2428 Calm down your horses George and look at the data ;)
@@mytripsvideos4511 you don’t understand, he GUARANTEED it wouldn’t happen you silly goose
It's the beauty of the age we live in that people can access the learnings from other people's experiences/interests/curiosities without having to leave their living rooms. Thank you Ray for sharing your insights.
👆Let’s talk now I have special advice for you
And you believe this is good, ok, bro.
That was BEAUTIFUL! Thank you sir.
I remember watching one of your videos about inflation years and years ago, it really helped me understand it. I'm glad I found you again ❤
This video needs to be shown in schools. It really opened my eyes to what’s going on in the world currently based on showing the history of past empires.
Its crazy how i feel like i never learned any of this in my history classes
facts ray is a legend
nope... it's Lesbian studies and BLM you you plebs.....
@@stevesteve8098 i am fighting for my conjugal rights, i need that
@@stevesteve8098 lol, you know he's using a portion of marxist analysis in this book right?
You know marx was an economist right?
This is probably the best and most easily understood history lesson. Thank you
yes
@♜ Pinned ხy Principles Ray Dalio Hello Bot! I hope you're a bot. If this is a real person then you have a sad, sad life. Go out & get some sun! You'll feel better!
Really well done history condensed and made palatable with humour. Brings us to a realisation of truth. Where we're at!
too complicated.
Europe and the US should form a United front against the new challenges facing us from the east. Totalitarianism from China and Russia has too long been ignored for the sake of trade and money. We will now enter a new era , east Vs west, totalitarianism Vs democracy 🇺🇸 🇪🇺 🇬🇧🇬🇸🇰🇷🇯🇵. The west isn’t finished, we enter a new era where the west can prove its willing to fight for their values and for a world order based on western values 🔥 💪🏻
Excellent framework. You made sense of the times we are now living in. Thank you, Ray!
Leading powers don't decline without a fight
That’s what happens right now.
Earn more than you spend, and treat each other well. Gather knowledge, develop a strong work ethic, have morals values and principles, negotiate well, provide lots of value, and we will be able to weather this storm no matter where we are. More than the nation's economics it's our family economy that's most important.
this
NO, STOP AND THINK THAT THIS IS A GLOBAL SITUATION, AND USING PAST WORLD ANALOGIES, IS NO LONGER APPROPRIATE, AND THIS IS MISINFORMATION, NOT USEFUL, YOU ARE A SHEEP, FLATTERING A FALSE IDOL
@@thegoonisgood77 I mean, it’s really nothing new, obviously each time has its own variations but the underlying principle of what’s happening is the same
Only a minority adhere to the principles you mention here. Most people are involved with entitlement, partisan bickering and woke divisions, thus the Empire will follow the normal trajectory down and a new world order will emerge .
Biggest job supplier is Walmart. How can we earn more than we spend. Education but most can’t afford that now.
Mr. Ray Dalio in my view is not only a successful fancier/investor.
He is also a brilliant educator, a historian.
Most of all, he is an original, a deep thinker, and a true PHILOSOPHER.
California county’s $21 billion pension is considering whether to drop Ray Dalio’s hedge fund after it underperformed for most of the past 16 years.
Ray Dalio is certainly intelligent in the financial and economic realm, but you had better research Ray Dalio's love for the CCP (Chinese Communist Party), where he had been doing business and helping the CCP for the last 1.5 decades and has given 10 million to the CCP to fight COVID in 2020.
Does that not lead to serious concerns, since it was the CCP who released the virus and covered it up, yet Dalio gives them millions?
Keep in mind a true philosopher is also a moralist and with Dalio's chosen moral blindness to the CCP violations of human rights and progressive genocide of the Uyghurs, one really has to reconsider idolizing such a man as Dalio.
@@TheSeeker2013 I think it's more of a case of "If you can't beat them, join them". Whether Ray Dalio deals with the CCP really isn't important on a macro level, but obviously will benefit him personally. It's not as if the CCP would be any less powerful with or without his backing.
@@someoneelse3456
Your not thinking this clearly Hootus.
Dalio brought millions, if not billions to the pockets of the CCP, which funds their CCP effort to dominate the world and convert it to communism.
It is the same as supporting the neighbour street gang (for whatever financial reasons) and they degrade the neighbour further because of their corrupt actions.
The CCP has been using greed, money, promises of wealth (ie: debt diplomacy style) to take control of wealth in the world, using the greed of Western investors and businesses to do it.
This is what the WEF (World Economic Forum) plans are all about, they are in sync with the plans of Xi Zinping because they know about Dalio's rise and fall scenarios and as the world financial elites, per the Dalio video information, they want the winning side.
What is that for the rest of the world? - servitude to the CCP and poverty.
(and there is a lot more to this)
People like Dalio helping the CCP only accelerates the rise of China and a World War with the USA (per the video).
So yes, it matters a whole lot of what Dalio is doing with the CCP, in fact what he should not do.
Does that make it clearer for you?
@@TheSeeker2013 Lmao
The year 2024 is a year for each and everyone of us to make a fresh start, by making passive investments for a more stable and doubled income
The previous year was difficult and never worked in my favor, I’m thinking about starting up on stock market investment
@@KadreYilmaz You are right.!
That is why I had to start forex trading 2months ago and I now am making benefits from it..
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻
A common mistake we newbies make is venturing into the market without help and legit guidance
This video reminds me of the series Foundation (a science fiction book series written by American author Isaac Asimov), where Hari Seldon predicted the fall of the Empire through Psychohistory, quantum physics, and Intuition. This video is a Masterpiece. Thank you, Ray Dalio.
I literally was calling him our world Hari seldon yesterday
@dariustanz7603 Isn't that incredible? And also, the fact that a society can change the course of a decline.
This was actually inspiring and calming for my anxiety. If your someone who has been feeling the foreboding clouds on the horizon, it’s nice to know we’re not crazy.
Expect the best be prepared for the worst is my motto....
You’re
We are a empire near collapse. US will be defeated and broken up into numerous countries
You're not alone, believe me!
@@UsernamerAlreadyTakn mmkay
I am finishing my MBA next month and just finished global economics. This was EXCELLENT. Well done, sir!
I didn't get into debt to watch this animation. And it was still excellent :D Now we both know the same thing :P
@@drtitus because you wouldn't qualify even if you were willing to get into debt for the program ;(
@@antediluvianclockwork9769 I think he was joking, but the principle is correct. The knowledge exist and two people set out to gain said knowledge. The first decides to take the most direct and sure path by spending tens of thousands of dollars and many years to gain access. When complete they gain the knowledge with a certificate stating that said knowledge exist in their minds without any testimony as to the true grasp they have of it. The other decides they will go about gaining that knowledge through direct interactions and personal research on the foundations and principles of the knowledge. A harder and overall less traveled course, but given dedication the benefit is gaining the knowledge without the burden of debt and in a time frame entirely dependent on the individual's dedication. In business the dedicated individual with the ability to see and seize decisive opportunities and advantages will thrive while the other will fail. There is a reason the MBA has been voted the most useless degree for decades all across the world. It's basically a degree proving you are unable to function in the market you were trained to work in. This poor lady got suckered =(
The depressing thing here is that someone finishing their MBA is looking up how to business techniques that are already taught in most business schools for minors.
@@SN00PICUS yeah it's true. no matter what though, it's about putting the knowledge into practice / finding a way to use it successfully for your business. the information only becomes knowledge after testing it out in your life and seeing what did/didn't work.
This is easily one of the most important videos on the internet.
Is there a way we can make this video a requirement training video for all of our government officials?! I feel like this would be the only way for them to understand they need to make a real commitment and drastic change to the way we do things or we will just be part of the cycle
This is low key revolutionary; Every respectable investor’s research paper in the future should come with a video like this posted on TH-cam
this did set the bar extremely high for everyone. new pieces of legislation should be released with this sort of plain language elucidation too. i'd be much prouder of producing something like this than an old dissertation getting dusty on a shelf somewhere.
@@bruce-le-smith not everbody can read well either,
videos could be the future of learning since some people are illiterate
@@roadtonba5150 Lol just teach them to read
@@axelnils takes too long lol
@@roadtonba5150 everything old is new again! haha That's why masters had apprentices and religious leaders had disciples - way easier to listen to some old dude pop off than actually read the logic
This video is incredible. I am an adult approaching 40 and I feel like I never ever learned or understood these principles and I am college educated 🤦🏻♀️. I’ve learned more in 30 minutes from this video about economics than I ever learned in school. It’s eye opening. And this may also be what’s wrong with our society at this moment, we have no idea what’s actually going on and how we are a part of what’s driving our economy.
OMG! What college? Want to make sure my kids avoid
that one!!!!! 🤑
It''s by Design.
Listen Carlin's tirade on Education.
Even at the Ivy-League, much of ita Out-Put is Indoctrination.
Usury Uber-Mafia have allways:
Selected, Saddled & Empowered Assets, PROXIES & Stooges as "Golem" (their Trolls), to take over the World:
From Mohamed's "Islam" (Submission), to Holland's bucaneers, through UK's, up to USA or Communist China.
Pays for a while, but allways ends by a Back-Stab.
Or be in the other side and being Put-Down and taken over through Fratricide «Revolutions» or Civil War (anti)-French, (anti)-Russian, ... (anti)-Spanish.
Now, their «New©» «Worl-Order» is not just for "the New© Global Currency". Its for their Luciferian Integral Usurpation.
That’s because we are indoctrinated not educated
One doesn't learn that "non-essential" stuff in college.
One thing with college education is it often makes someone educated in a field of study but not overall educated.
I completely agree. There are many similar thoughts about the periods of empires. Thank you very much for the video.
Perfect narration voice. Gives me that nostalgic feeling like watching A Christmas story or The Sandlot
Nothing, in the recent past, has motivated to study than this video, it is now pushing me to study more in depth History coupled with economics and technology.
then u will be at a point you understand everything but can't change anything...
Better switch to computer science now ....
@@fharrison3011 f off too many in this field already.
to be honest i kept wondering what happened to the greek empire
since they did have ships and markets since 1100 b.c selling even precious materials like obsidian and bronze
was hoping he was gonna mention something xD
@@fharrison3011 if thats the outcome then you understand nothing.