The Economic Collapse No One Wants To Talk About - Ray Dalio

Ray Dalio is the founder of Bridgewater Associates, 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... Sponsors: Get 15% discount on Craftd London’s jewellery at https://craftd.com/modernwisdom (use code MW15) Get the Whoop 4.0 for free and get your first month for free at http://join.whoop.com/modernwisdom (discount automatically applied) Get a Free Sample Pack of all LMNT Flavours with your first box at https://www.drinklmnt.com/modernwisdom (automatically applied at checkout) Extra Stuff: 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 #raydalio #economics #business - 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 - 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/ - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: https://chriswillx.com/contact/