It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

@sattler96

9 ай бұрын

Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation

@mikeroper353

9 ай бұрын

In the world of finance, recessions are prime opportunities for wealth creation. When my portfolio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 250k. The knowledge and skills I have acquired through this experience have been invaluable in my journey towards financial success.

@jessy830

9 ай бұрын

please excuse my curiosity, would you mind sharing more info on your advisor? im in dire need of guidance

@mikeroper353

9 ай бұрын

I'd recommend Colleen Rose Mccaffery. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.

@jessy830

9 ай бұрын

Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

The essential thing that everyone should be thinking about right now is investing in non-government sources of income. Especially in light of the current global economic crisis. It is still a wonderful moment to invest in gold, silver, digital money, and stocks.

@jeffbarnes4903

10 ай бұрын

Quite impressive but HOW!!?😊 I know it's possible, my colleague at work got her first investment return of 40K after two weeks and she quit the job , I would appreciate if you show me how to go about it..

@Mikecliton

10 ай бұрын

Most people don't know that crypto is the best and sure way to grow income. I realized this after I came across Mrs Mary Cartier

@melissastone434

10 ай бұрын

​@@sheiladooleyThere are several ways to get in touch with my Financial Adviser, but the most effective method is to search the name:- *Mary Margaret Cartier*

@Danjohnston96

10 ай бұрын

You just shared a vital information that will help lots of people who desires to make profits from trading. Really, I think I will start with 3k USD when I got home...

@lindaroberts650

10 ай бұрын

This is the kind of information that We don't get from most KZreadrs will get in Touch with her right now.

Very good. I have worked in China for over 35 years. I agree about Confusionism. They know how to keep their loyalties in line. I have studied Confusionism to understand them. It has been a lovely experience. I know their families and they are kind people. They are respectful. Not all, of course, but mainly.

@selvanegra65

10 ай бұрын

Confused?

@williamlee7782

10 ай бұрын

Can't tell if this was satire or genuine. 😅

Thank you New York Historical Society for putting Ray Dalio on the stage with Thomas Friedman and then posting the video to KZread. It’s a great service to the public I am surprised Thomas Friedman hadn’t already heard Ray Dalio‘s stories as I’ve been listening to them for a year now or maybe more. Important information, instead of being controlled by the old media gatekeepers in print and TV, has now been unlocked and is available on KZread, and other venues, for everyone to learn from, but how many of us have yet heard Ray Dalio‘s wisdom? Too few. Why hasn’t the NYT printed an expose on Ray Dalio and his ideas?

@kreek22

10 ай бұрын

There is nothing original about Dalio's perspective. And Friedman is...a proven liar and fool.

@wasdwasdedsf

10 ай бұрын

ah, the time when a bunch of people who had the country couped wandered around the capitol with ZERO guns taking pictures, with ZERO evidence of any plan whatsoever... these people tried to take over the biggest country tin history?

The simplicity with which he explains is amazing

@nickkelly1485

9 ай бұрын

because he is a simpleton

Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.

@fadhshf

10 ай бұрын

All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.

@TomD226

10 ай бұрын

Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Vola-tility goes both ways. The banks are in a big crisis. The mar-ket looks very shaky. The bigger the red candles, the bigger the green ones. I have made over 280k in the last 4 months by invest-ing through my FA

@lowcostfresh2266

10 ай бұрын

@@TomD226 How can I reach this ad-viser of yours? because I'm seeking for a more effective inves-tment approach on my savings

@TomD226

10 ай бұрын

@@lowcostfresh2266 I personally work with Laurel Dell Sroufe she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

@brandouglas99

10 ай бұрын

BRICS, will publicly come out with a new currency aug22-24.

This man is a treasure for our society.

Thomas you could tell was listening and asked great questions. So much better then some of these 'youtubers' who interviewed Ray and were more concerned about giving their opinion then listening. Thank you for posting this!

@kreek22

10 ай бұрын

Friedman is a warmonger, liar, and fool. But, of course, the lies he tells are "good for the j***."

@jeffhicks8428

8 ай бұрын

Thomas is garbage but even still not as garbage as the new media clowns. I have NO CLUE why a genius like Ray even gives those clowns on YT his time. It blows my mind. Hire your own interviewer and do it on this channel. Ask the real questions. Ray is a great teacher. Teach us.

Man, Ray Dalio is a such good soul man, you just don't like rich and successful people because you're not, but Ray Dalio is such a good soul that he gives you back а faith in humanity!!!

@berthtolentino7621

10 ай бұрын

The honest truth about this Elon Musk open investment, the poor, the rich and the middle class persons gets full access to it!.

@wasdwasdedsf

10 ай бұрын

ah, the time when a bunch of people who had the country couped wandered around the capitol with ZERO guns taking pictures, with ZERO evvidence of any plan whatsoever... these people tried to take over the biggest country tin history??

Mr .Dalio is not only an amazingly interesting and highly intelligent men but a humanist with a huge understanding of economics.I think people irrelevant of their party affiliations should listen……

@wasdwasdedsf

10 ай бұрын

ah, the time when a bunch of people who had the country couped wandered around the capitol with ZERO guns taking pictures, with ZERO evidence of any plan whatsoever... these people tried to take over the biggest country tin history?

This is why its important now more than ever for our leaders to stop having their heads so high up their asses and let America Innovations happen instead of a 3 letter word agency not giving clarity.

Thank you for the video, I found out that investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with copy trading investing, but it is not easy. To invest in growth stocks it is another level, definitely you need to know what are you doing.

@bobschriswell565

10 ай бұрын

From my own point of view, you need to invest smartly if you need the good things of life. so far i've made over $255k in raw profits from just 6 months into the market from my diversified portfolio strategy and i believe anyone can do it you have the right strategy, mutual funds takes long time but investing smartly is the key for short term. Most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

@Louisharvey56

10 ай бұрын

This is a phenomenal advice for a new stock traders and investors who want that quick short term game, but don't see the light at the end of the tunnel.

@bobschriswell565

10 ай бұрын

@@adelheidhahn4023My portfolio is very much diversified so it's not like i have a particular fund i invest in, plus i dont do that by myself. i follow the trades of Mrs Karen Gaye Gray.

@bobschriswell565

10 ай бұрын

She is a popular broker you might have heard of. I can correctly say she's worth her salt as a financial advisor as her diversification skills are top notch, because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along, my portfolio just mirrors what she trades and not just on some particular industries of my choosing.

@bobschriswell565

10 ай бұрын

Yes, exactly. It's all programmatic and automated, plus it's relatively much easier to set up and connect my accounts than creating a financial plan and drafting investment strategies myself, my account just mirrors her trades in realtime.

Is the second part of this video going to be uploaded? The video hasn't finished yet.

Economy, history and markets …Ray ties it all together !

2 powerhouses!! Thank you for the recoding.

Super interesting, thank you 🙏🏻🌷✨🙏🏻

0:00: 📚 Ray Dalio explains why he decided to write a book on the principles of a changing world order. 5:52: ⚠ The rise and decline of empires follow a typical cycle, with periods of conflict, peace, prosperity, and decline. 11:59: ✅ China's success is attributed to their reform, symbiotic relationship with the US, and Confucian way of thinking. 18:00: 💡 China's leadership style is hierarchical and focused on mutual respect, but it faces challenges in decision-making and controlling the country. 22:58: 🌍 There is fear and uncertainty in China due to world conflicts, which is causing Chinese companies to consider setting up businesses outside of the country. 28:53: 😳 AI is a powerful resource that can be used to improve mankind or for fighting, but the lack of regulations and the potential for weaponization is concerning. 34:37: ⚠ The economy is entering a tightening phase with potential consequences, including a worse economy and increased unemployment, which could impact elections. Additionally, there are concerns about wealth inequality, anti-China sentiment, and the possibility of conflict with China. Technological disruptions are expected to cause disorder as there is no system for coordination. Recap by Tammy AI

I wish Ray was running for president. Someone who acknowledges and is honest about our country’s condition, prudent with regard to its historic and the future position, and realizes the need for a cooperative coexistence with China

@LumenMichaelOne

10 ай бұрын

Or... maybe he's just Dead-Ass-Wrong about all of it... 😐 ... in which case he would terrible option for president. Who knows?... 💁

@footslave4asian

10 ай бұрын

Instead of "wishing" such a thing, consider why people like him are NOT running for president. Moreover, consider that a president is just a transient political figure and that it is the nonelected bureaucrats who pursue policy agendas. Like him or not like him, Donald Trump brought the existence of the "deep state" to many Americans. It is not an illusion. It is real. Every country has them. Once they have made a mess of things in a country (such as in the US) one realizes that they are like a tape worm whose continued existence has become dangerous to health of its host.

@Boymanjusri

10 ай бұрын

What baloney you have to believe

@alfredhitchcock45

10 ай бұрын

Billionaires are megalomaniac they think they could translate Business Acumen to Politics

@wasdwasdedsf

10 ай бұрын

@@alfredhitchcock45 because if its anyone who knows poilitics, its the geniuses that constantly gets in, the ones responsible for 15% of the public having trust in politicians

where to see the full version of the video

Very illuminating! The book was a great insight into real history which is unfortunately not taught.

Gore Vidal essentially outlined Dalio's perspective in his 1985 book "The Decline and Fall of the American Empire".

@6:00 studying the history of chart generation, starting with this example from the 1980s...

This leaves out the most important thing that drives success. Cheap energy.

Ray--the bit about worrying is brilliant. Problem is our collective worrying needs to be converted into political action (for the broad-based solutions you mentioned) rather than infighting in Washington. Right now the trend still seems to be toward increased polarization and an increased wealth gap. I personally attribute much of it to corruption and an antiquated incentive structure for politicians and the media. Our representatives and our media are either ignorant on basic economics and technology, or are intentionally misleading us. A mix of the two is likely, neither is acceptable, and all of it seems as though it is beginning to test the fortitude and stability of the global economy. So what is the billionaire class going to do about it?

@joelzinho4600

10 ай бұрын

Well said

@JoneLang

10 ай бұрын

It is true what you highlighted and unfortunately some things that Ray talks about are beyond the individual actions possible, even within political persons. There is evidence of lack of power and capability even within politicians to do the right thing when it seems so clear from the man/woman in the street. Ray’s book talks about the decline having started and if we look at the forces causing this decline, it is unfathomable how to prolong the decline, much less reverse it

@vimalcurio

10 ай бұрын

I ain't gonna read that shit

@Flitalidapouet

10 ай бұрын

100% certain it's too late for US to do anything good. They will die in wars, loosing right now in Ukraine (after 230 Billions sent/stolen) and they will try to go after China and be humiliated. This empire SHURE is not part of the 1/10 of empires that dies intelligently. Can't even get rid of Soros, Gates, JP Mergan's, Rochields, Swabs, Larry Fink, those guys are seen as terrorists in 40% of countries. But we're not strong enough to put them in prison. (Soros on China's terrorist list, Gates as a condemned criminal in India, etc)

@HeresMyView

10 ай бұрын

​​@Pat Risberg , you got most of the problems correctly stated. In fact, some issues, or factors are more complex. Generally speaking, that's what happened when there is too much freedom, absolute freedom, unfetterred freedom, or unrestrained freedom. The freedom is abused and hijacked. It is weaponized to impose controls on others, thus some are more equal than others. In simple words, becomes authoritarian. So democracy can be an authoritarian system of govt in disguise.😢 That's why the politicians you voted for in a rigged elections or manipulated elections hold all the power in collaboration with the elites, oligarchs or filthy rich. They don't listen to voters. They control the voters! In reality, absolute freedom leads to absolute power and corruptions absolutely. Everything is like that. Too much of something is always injurious and dangerous - eating too much is very bad for your health. China's democracy is a controlled democracy in accordance to Chinese culture. It works for their govt, their people and their cultures and customs.

Very good discussion. Two points i wish to add Bipartisanship is a great concept however greed and hunger for power will always over-rule. Governments lost their independence and power to enact policies that are suited for the country and the people. Wealthy individuals and corporations now dictate government policies and new regulations only to suit their self interest. I see nothing else besides the further decline of the US and the $

At this point the concept of bringing the middle together in America to sort things out is impossible, why, because the corruption in the US government is too high. Congressmen have learned that they can enrich themselves by taking a simple job as a civil servant, they prefer to work with the lobbyists that are filling their pockets than to work for the citizens who elected them. The education system in the US is ruined because of dirty lobbyists, in primary schools they say sex assignment is more important than mathematics or english? America's decline started in the 1970s and it cannot be stopped, the momentum is too great

@Mel684

10 ай бұрын

🎯

This man to be respected I live in South Africa our government could learn a little and fave a better county

Ray is right on when he says: "If you don't worry, you have to worry. If you worry, then you don't have to worry." The problem is American Media controlled by the ruling class are still brain-washing people that we are the best and we don't have to worry. As Ray says, just look at our Education system, American basic infrastructure, health care, militarization of everything, and how we treat each other. An empire's rise or fall is not based on what you believe or wish, rather it is based on its overall health like a person's health.

Smart way of pragmatic diplomacy: “If you have power hide it. If you don’t, show it.” 21:36

@PhiloSurfer

10 ай бұрын

Blinken and Robinette are showing it

Brilliant conversation!

Have you looked at the USA in comparison to other countries as it regards to the healthcare services and the health of their population. Currently we are ranking below several developing Third World countries. That is criminal on behalf of our governments. That is why President Biden reached out to develop a health Hunger and nutrition model to be used and enhanced collecting $8 billion in donors to move these initiatives forward. I was one of the participants in those meetings, and live in one of the states of the US, where there is effort to implement some of those practices, but it is a steep, steep, steep, uphill climb to provide nutrition biomedicine education to a post-pandemic, panicked population.

Absolutely Beautiful Confirmation of what Few Know ! Auslane

Great talk!

3 Key Principles - When you worry, you don't need to worry! - When you don't worry, you need to worry!! - Go Figure!!!

Ray. Thank you sir. Your understanding of macro geopolitical frameworks, theirs causes, their effects and their cycles and how they play out is brilliant. Clearly, you see a lot more than most people can understand, even if you explained it to them. How do you deal with this socially?

@skydragon23101979

10 ай бұрын

Focus on cooperation and agreement and set aside your differences.

United we Stand🗽

Where is the rest of the interview?

My un-official mentor, I am a have great admirer of this man. Full of knowledge and wisdoms.

@tocreatee3585

10 ай бұрын

🤣🤣🤣🤣🤣🤣

@petekdemircioglu

9 ай бұрын

Good that he’s not your un-official boyfriend. Could have caused a jealousy problem.

Post the entire video, please.

Great to listen too....just hope that the rest of the country listens too

Let's go a change for the better of the next generation

Excelente interview

Why can’t someone like ray run for president

@billykobilca6321

10 ай бұрын

Bc the presidency in usa is chosen by the elite oligarchy neocon neo inverted fascists in the country.

@ericwilson2632

10 ай бұрын

We too dumb to ellect him

@wasdwasdedsf

10 ай бұрын

ah, the time when a bunch of people who had the country couped wandered around the capitol with ZERO guns taking pictures, with ZERO evidence of any plan whatsoever... these people tried to take over the biggest country tin history?

@petekdemircioglu

9 ай бұрын

@@ericwilson2632 Ahahaha

@ggttuuxx

6 ай бұрын

Because US Voters much rather be lied to, when they have a democracy at their hands that could have been treasured.

I've viewed a majority of interviews and they seem to repetitively start with the same introductory explanation. I believe a more effective approach would be to begin interviews under the assumption that everyone is familiar with the background information from all the books, and proceed directly to the questions.

As Mr. Dalio clearly explains, the United States is in terminal economic, political, technological and cultural decline while the Global South, led by China, is becoming ascendant. The American economic, moral and cultural decadence and rot is real and there are no political forces on the horizon seeking to reverse this decline. Unlike the US, China has strong, competent leadership from the top to the bottom that is capable of accomplishing great things. The US is going to be supplanted by China whether you like it or not. The only questions are when and whether or not a destructive war will be required to accomplish the transition. The American Suez moment is rapidly approaching.

@Arihand2

10 ай бұрын

You are dreaming Mr. Winnie-the-Pooh😂

@deedetres703

10 ай бұрын

part of the theater is to believe that moment is coming - they (meaning investors and their hedge funds who took advantage of QE) plan to ride it until the wheels come off - and all they will say is "catch me if you can" and "we couldnt do anything" - they are not patriots to state the obvious - we are in the spot we are in because they were weak men and still are. These guys know how to find K street and are capable of knowing the law/ can google it - they choose not to. Interview other people - who have to pick up the pieces (gen x and younger) after this group exits. #nice hedge fund - johnson and johnson thank you for their support

@jstasiak2262

10 ай бұрын

@@Arihand2 And you are in denial, Mr. Pooh-the-Winnie

@MM-wi5dn

10 ай бұрын

You are very very wrong about China

@jstasiak2262

10 ай бұрын

@@MM-wi5dn The era of Ronald Reagan is over. We don’t live in his La-La Land anymore. Things don’t happen just because we wish real hard for them. The sheer decadence of American culture, society and politics is difficult to comprehend. The world order is changing in real time before our eyes. This change cannot be stopped.

Ray. Please deep dive into a study of the interactive, behavioral and result arcs of the US, UK, EU tectonic plates (the large societal segments) during all of this chaos. Thanks.

What is the approximate timeframe before broad scale social unrest in the US? Meaning an uptick in riots and inner crime migrating to the suburbs and more rural areas.

@randomdude7384

10 ай бұрын

Depends on where you live; it'll cause an upsurge of all type of private security firms offering their services to the people who live in gated communities.

Interesting and clear. Happy USA Father's Day.

No ad ?

Hi Ray, you could sense that Bill got tired hearing all your compliments and research on China 😂 Look at his body language. He already set his negative view on China. His ego is what eating him alive. So much for a Journalist. God bless really Let's have more rational people like you in this world especially in the USA.

@wasdwasdedsf

10 ай бұрын

ah, the time when a bunch of people who had the country couped wandered around the capitol with ZERO guns taking pictures, with ZERO evidence of any plan whatsoever... these people tried to take over the biggest country tin history?

Let's goooo!!! I love you ray!!!!

Why @18:47 there is an edit?

You have to earn more than you spend to be healthy. America as a nation really really really needs to learn this lesson

@ahhhhhhhhhhhhhhhhhh123

10 ай бұрын

It never will, its too late. Ppl are raised from birth to spend spend spend. Everything is bought on credit and loans

@HeresMyView

10 ай бұрын

The exorbitant privilege of printing free USD without limit is designed to operate like a Ponzi scheme - use credit card for spending without paying it back. So far, it lasted over 77 yrs. Of cos' earning is less than spending. 😂😂

Ray Dalio. Wisdom forever

I try and watch everything you put out Ray.. Sounds cliché but your knowledge and willingness to share it has changed my life. I appreciate you very much and hope you have a wonderful day!

Smart people, engaging in smart bipartisanship. A wonderfully succinct explanation of what to look for in our leadership.

居然有对儒影响的讨论，Mr dalio got it.

This is a wake up call. Education is a key to innovation.

Royal treat 😊

I used to respect Friedman but not as much now after watching a video featuring him and Kishore Mahbubani and how he tried to play with wording how the opium trade was conducted by the British in one of his books.

I'm glad there was no discussion about china's looming demographic challenges. It's good to hear an alternative prognosis about the place for a change.

but what about the banks n their money creation due to credit creation!?!? the way how moneys spent/used is of tremendous importance. keyword: decentralization.

Thank you Mr Dalio

Excelente stuff, VIP guest

It's only half the video. Where's the other half?

Unfortunately, billions can't buy deep intellectual understanding and the humility and wisdom it takes to tackle the really big questions.

Friedman must have been in awe of Ray!! Cripe all Friedman did was agree!!

@samuelglover7685

10 ай бұрын

Friedman is ALWAYS ready to service the wealthy, in any manner that they choose. Among other odious "skills", he's like a living, breathing yardstick of the steep decline of the NYT.

It would be better if TF was quiet when RD is speaking. No affirmation is necessary. The best interviewers ask good questions are silent and listen.

How many "wrongs" would it take for people to stop consulting with Friedman?

Good to be here with yo

"Smart bipartisanship" Everybody laughs 0_0

Interisting prespective. A caviot on his summation about the US as an empire. Empires are a state that politically, militarilly and economically dominate other states. They run the governments of the other states. They intergrate their economy with those states. The US never did either. Thus internal conflict in the US does not necessarily translate into economic collapse through other poaching on those ties. The US is going through one of its historically cyclical political brawls (we've been doing this since 1675). We'll see how that comes out.

Next 10-20 years would be interesting years.

Ray for President

@spankythemonkey9828

10 ай бұрын

Ray for treasurer is better, he is too straight forward and honest to be politicians.

A better, kinder, and more knowledgable Jim Rogers.

So, reserve currencies last about 250 years?

Me thinketh great talk and especially enjoyed the interviewers.........sense of humour!@!?😉😁😅

Fiven his answer on how we fix this, he knows histroy shows rhere is no stopping this train.

Less internal storms for starters😂🎉

One place to break this cycle would be to block the growth of the wealth gap … ! … most easily done by taxing correctly … or … by spreading income without raising prices (which just leads to inflation). Eg of the latter would be by relating top incomes in a corporation to bottom incomes … and/or … by giving employees shares of stock on large enough quantities. Otherwise history will repeat as Dalio suggests.

The winners.. the losers ..the neutrals in a war … “The losers are wiped out” Ray Dalio claims. I heard this morning the opposing point of view : after WW II Germany was the looser but today it is the “locomotive” of EU.

Ray wants intelligent people of both political parties to get together and come to an agreement on a way forward. He knows that won't happen.

Great channel , IMO Ray should apply a little more fear and doubt content to help motivate sellers?

Volume too low alas.

On speaker, even full volume, audio is very low.

16:47 [citation needed]

The US needs to adopt a constitutional amendment for a balanced budget. Texas does it, and shines economically.

i think its funny that at no time did ray say in all he studied no civilization was able to stop the cycle. to think we can is absurd.

دائما رائعة أطروحات و أفكار السيد ray , و حوار مع السيد فريدمان

Why doesn’t anyone ever ask Dalio about these three very public facts: 1.) Chinas demographic problem- 40 years of OCP. Not enough women. Low birth rate. Massive boomer population to sustain. Population expected to halt by 2050. 2.) Their real estate bubble is estimated to be 20x the GFC 3.) The Yuan is a closed currency system. It cannot be a global reserve if it wanted to. These are three rather large reasons it will not supplant the US and that directly refute Dalio’s claim and nobody ever asks him to respond to these atleast that I can find.

@HalfAsianJap

10 ай бұрын

My thoughts exactly; especially regarding their demographic collapse. At this point it’s common knowledge. Would like to hear some insights that could illuminate how the Chinese will alleviate those issues.

@jstasiak2262

10 ай бұрын

@Christian Pusateri These problems are eminently solvable: 1. The Chinese population is indeed shrinking, but China continues to make great strides in AI, robotics, and other productivity improvements such that a smaller population will be able to support an aging population. Chinese hierarchical and family culture also helps to preserve order and discipline in society. 2. Unlike George W. Bush who did nothing to tackle the US real-estate bubble in the 2000s, the Chinese government is actively managing the real estate bubble and winding it down in an orderly fashion. 3. The Yuan is a closed currency, but the digital eYuan is not. The digital Yuan was designed to facilitate international commerce while allowing the Chinese government to retain control over the domestic economy. Furthermore, the egregious abuse of sanctions by the United States as a weapon of foreign policy over the past 30 years, especially by the Biden Administration against Russia, has demonstrated unequivocally to the rest of the world that it is no longer safe to park spare cash in US dollars. If a foreign entity crosses the US for whatever ridiculous or trivial reason, its money can be confiscated and its has absolutely no recourse. For that reason, most of the world is rapidly de-dollarizing their respective economies and the days of the US dollar as a global reserve currency are rapidly coming to an end.

@americannumber2

10 ай бұрын

1 and 2 are not China's problems. it's the wold problem

@KK-pm7ud

10 ай бұрын

Because he wouldn't allow them to. He's a China puppet.

@lisashung9442

10 ай бұрын

First of all, at the phase of 4th Industrial Revolution, the reduced population will not have the same effect as it did to the previous industrial stages. Secondly, the real estate bubbles in China has completely different features comparing it to USA, as the minimum deposit is 30% and Chinese people hold it as the major long term investment in their life time plus they have enough saving to support themselves.

India japan australia and US are part of a quad ,india has a trade surplus relationships with US and europe on top of being a democracy and its issue with china not only on its border but also on some of its good friends like japan, south korea,mangolia ,singapore etc .Its neither in the best interests of both India and China to be having a brics currency.

@MeiinUK

10 ай бұрын

But china and India has signed a deal already...

Wow

Great video. More long form content please !👌

Ray is right when he says the problem with AI, and its dangers, lies with people.

@kreek22

10 ай бұрын

No, he is not.

@wasdwasdedsf

10 ай бұрын

oh, well thats good that he solved how a superintelligent agent will act and there will be nothing to worry about there...

❤

did anyone else catch that whisper at 22:27?

How about Uzbekistan or Indonesia?

The US is so heavily debt-laden, its housing prices are so high and its medical care is so extremely high (18% of GDP) cannot compete. It cannot re-industrialize without taking radical steps to write down debts, to de-privatize health care and education, to break up monopolies and restore progressive taxation. The vested Financial, Insurance and Real Estate (FIRE sector) interests are too powerful to permit these reforms. That makes the U.S. economy a failed economy, and America a Failed State. Michael Hudson, July 22, 2023

Why does the interviewer cover himself with his arms? As if He’s scared of something and is trying to protect himself? Ahahaha

As citizens we can’t do anything… all we can do is adapt 👨‍💻🙄🤦‍♂️

@bettinazwerdling9158

10 ай бұрын

With that attitude, the fascists and dictators/autocrats win or have already won. Organize!