#251 – Ray Dalio: Money, Power, and the Collapse of Empires

Ray Dalio is an investor, author, and founder of Bridgewater Associates. Please support this podcast by checking out our sponsors:
–Athletic Greens:https://athleticgreens.com/lexand use code LEX to get 1 month of fish oil
–GiveWell:https://www.givewell.org/and use code LEX to get donation matched up to $1k
–Magic Spoon:https://magicspoon.com/lexand use code LEX to get $5 off
–Blinkist:https://blinkist.com/lexand use code LEX to get 25% off premium
–MasterClass:https://masterclass.com/lexto get 15% off

EPISODE LINKS:
Ray’s Twitter:https://twitter.com/RayDalio
Ray’s Instagram:https://www.instagram.com/raydalio
Books & resources mentioned:
Ray’s books:https://amzn.to/3swN5uw
Ray’s free personality test:https://principlesyou.com/

PODCAST INFO:
Podcast website:https://lexfridman.com/podcast
Apple Podcasts:https://apple.co/2lwqZIr
Spotify:https://spoti.fi/2nEwCF8
RSS:https://lexfridman.com/feed/podcast/
YouTube Full Episodes:https://youtube.com/lexfridman
YouTube Clips:https://youtube.com/lexclips

SUPPORT & CONNECT:
– Check out the sponsors above, it’s the best way to support this podcast
– Support on Patreon:https://www.patreon.com/lexfridman
– Twitter:https://twitter.com/lexfridman
– Instagram:https://www.instagram.com/lexfridman
– LinkedIn:https://www.linkedin.com/in/lexfridman
– Facebook:https://www.facebook.com/lexfridman
– Medium:https://medium.com/@lexfridman

OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(08:14) – Money or power
(11:50) – Big Cycle
(31:43) – Collapse of the American Empire
(40:10) – War
(43:18) – Xi Jinping
(49:21) – Importance of freedoms
(55:24) – Democracy’s vulnerability
(58:49) – Communism’s vulnerability
(1:05:50) – Vladimir Putin
(1:09:55) – Understanding China
(1:17:23) – Henry Kissinger
(1:27:44) – Elon Musk and Dogecoin
(1:29:41) – How to take notes
(1:33:24) – Advice for young people
(1:37:30) – Hope for humanity