Ray Dalio: Money, Power, and the Collapse of Empires Lex Fridman Podcast #251Ray Dalio is an investor, author, and founder of Bridgewater Associates.OUTLINE:0:00 – Introduction 0:42 – Money or power 4:18 – Big Cycle 24:11 – Collapse of the American Empire 32:38 – War 35:45 – Xi Jinping 41:49 – Importance of freedoms 47:52 – Democracy’s vulnerability 51:17 – Communism’s vulnerability 58:18 – Vladimir Putin 1:02:23 – Understanding China 1:09:51 – Henry Kissinger 1:13:24 – Bitcoin 1:20:12 – Elon Musk and Dogecoin 1:22:09 – How to take notes 1:25:52 – Advice for young people 1:29:58 – Hope for humanity