Ray Dalio - How to Prepare For The Changing World Order | Modern Wisdom 620
Ray Dalio is the founder of Bridgewater Associates, a billionaire investor, philanthropist and an author.
The New World Order is a mystical term. Is it a shadowy cabal of evil hooded figures? Or is it a cycle that our world's economy regularly runs on. Ray is here to explain the consequences of shifting global power dynamics, and what that means for the future of America and the rest of the world.
Expect to learn why global events aren't getting more chaotic, they're unfolding right on schedule, why there is a regular cycle of empires falling and new ones emerging, how the global economic machine really works, what the next few years of America will look like, what you can do to secure your finances in a turbulent market, Ray's opinion on the role that Bitcoin and cryptocurrencies will serve in a post-dollar economy, the best financial advice for young people and much more...
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Extra Stuff:
Buy Changing World Order - https://amzn.to/41qm1vA
Buy Principles: Your Guided Journal - https://amzn.to/41YS719
Follow Ray on Twitter - https://twitter.com/RayDalio
Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/
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#raydalio #economics #business
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00:00 Intro
00:30 The Accuracy of Ray’s Predictions
07:43 Impacts of a Decreasing Dollar Value
12:54 Different Types of Leaders for Different Times
15:54 Are We in a Unique Situation?
20:03 How to Be Financially Prepared for the Next Few Years
25:45 The Crisis of Unproductive People
32:28 Ray’s Advice for Young People
35:31 Should We Worry About the Population?
41:07 The Threat of China
45:02 Is a ‘Soft Landing’ Possible?
49:28 Can You Benefit From a Recession?
54:06 Finding Solace in a Tumultuous World
59:52 Where to Find Ray
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Get access to every episode 10 hours before YouTube by subscribing for free on Spotify - https://spoti.fi/2LSimPn or Apple Podcasts - https://apple.co/2MNqIgw
Get my free Reading List of 100 life-changing books here - https://chriswillx.com/books/
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