Ray Dalio: Money, Power, and the Collapse of Empires

Lex Fridman Podcast #251
Ray 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