#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:
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EPISODE LINKS:
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Books & resources mentioned:
Ray’s books: https://amzn.to/3swN5uw
Ray’s free personality test: https://principlesyou.com/

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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