#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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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