How To Prepare For The Changing World Order - Ray Dalio - #620

Modern Wisdom

Apr 27, 2023•1 hr•Ep. 620

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Episode description

Ray Dalio is the founder of Bridgewater Associates, a billionaire investor, philanthropist and an author.

The New World Order is 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...

Timestamps:

(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

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/

To support me on Patreon (thank you): https://www.patreon.com/modernwisdom

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