Hello you beauties. Get my free Reading List of 100 life-changing books here - chriswillx.com/books/. Here’s the timestamps: 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

@chasehedges6775

Жыл бұрын

Love this content

@cowCuddler

Жыл бұрын

I love all of your interviews.

@stripedcollar335

Жыл бұрын

This interaction was particularly impressive, in my opinion, Chris. Dalio is so practiced after having done this so many times that he practically interviews himself. You have enough humility and wisdom to sit and let him do it, encouraging him to express himself by asking rare but thoughtful questions. Thank you. He has a lot to share and most of the people who I have seen with him are trying to get rich instead of striving to learn something important.

@ch-yq5yn

Жыл бұрын

@@stripedcollar335 I thought his answers on why the youth are lazy and not working was pretty piss poor. Another out of touch.

@stripedcollar335

Жыл бұрын

@c h OH, don't get me wrong, Ray is wrong about a lot and way too confident. I tend to lean more toward Peter Zeihan's way of thinking. Still, I thought this interview was really well done, in my opinion.

is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?

@RusuSilva

4 күн бұрын

Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself

@FusunTumsavas-cq7tp

4 күн бұрын

Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

@RossiPopa

4 күн бұрын

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

@FusunTumsavas-cq7tp

4 күн бұрын

Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@RossiPopa

4 күн бұрын

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

I’m an older guy. The experts and news have predicted disaster, financial collapse and war my whole life - every year. Sure it’s happened in the past, but mostly life has been good here in the US. The experts always say, “this time it’s different.” Just be prepared - no debt, live below your means, develop your skills, have a reserve, have some extra food and water, and live your life with positive anticipation for today and the future.

@RussCR5187

Жыл бұрын

And who will protect the freedoms to which we have become accustomed? Voting is now manipulated. Our representatives clearly represent the interests of the donor class, not the citizenry.

@johneato

Жыл бұрын

it may not affect your generation, but the nature of inflating currency as an unseen tax on future generations has come to pass. Consider yourself lucky.

@sarahzaza7251

Жыл бұрын

The US is always prepared, you have enough resources to stay financially stable, because of the level of production and making money, no matter what this could cost ( wars, no morality, pornography...) anyways the Us is making a huge amount of money. If there is a case when the US will fall down, it will be due to their big lost of morality...It is happening right now with all this woke mentality, people need to be aware of all this insanity.

@jadengrant

Жыл бұрын

Agreed, well said.

@jadengrant

Жыл бұрын

​@@RussCR5187who told you that, Tucker?

Our preoccupation with the economy potentially crashing might be excessive. In reality, the economy undergoes cycles and typically recovers. Personally, I'm more focused on growing my investment portfolio than getting caught up in predictions. I've come across stories of people achieving substantial profits despite economic downturns. Do you have any tips on how they manage to do that?

@Agatha207

6 ай бұрын

In the realm of uncertainties, relying on one's own process, managing risks, and adhering to a steadfast plan is crucial. It's essential to stay committed through challenges and successes, all the while learning from mistakes and consistently striving for improvement.

@Campbell957

6 ай бұрын

Indeed, professionals continue to thrive in the current market due to their adept approach in generating profits and access to insider knowledge not available to the public. It underscores the advantage of having both a strategic approach and valuable insights in the ever-evolving market landscape.

@williamsdavis.

6 ай бұрын

Ensuring prudence in my investment decisions, I consistently consult with a professional, a practice I adopted since the onset of the pandemic. Employing profit-oriented tactics and minimizing risks as a safeguard against inevitable downtrends has been instrumental. Professional, like John Desmond Heppolette, possess valuable access to insider knowledge and analysis, virtually eliminating the possibility of failure. Over the past three years, working with him has enabled me to passively generate over $1 million.

@GeorgiaMoore.

6 ай бұрын

I appreciate the kind response and of course, I'm willing to give this experience a try. I just discovered his exceptional resume when I made a research of his full names online. He appears knowledgeable and well accredited. I drop him a message and book a call session with him!

@max_rove

6 ай бұрын

Good bot comment

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

@HelenaBonham-pz4ly

11 ай бұрын

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading

@Patriciacraig599

11 ай бұрын

@@HelenaBonham-pz4ly Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

@margaritasbunny

11 ай бұрын

@@Patriciacraig599

@Patriciacraig599

11 ай бұрын

@@margaritasbunny I happen to know Kate Elizabeth Amdall She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.

@margaritasbunny

11 ай бұрын

@@Patriciacraig599 I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless...

Every time ray dalio is charitable enough to speak, you should listen.

Ray’s right. The most precious things are those that money can’t buy. Nature, family, true friendship. We need to focus on what we have, not what we can buy. By helping others, who genuinely need it, gives you a real purpose in life.

@NoctLightCloud

8 ай бұрын

I got all kinds of physical and mental issues during my isolation peridods during Covid. In 2020 until the end of 2021 I only met the same 4 people which are my 2 sisters and my parents. No one else😅💀 My "friends" kinda abandoned me during lockdowns, and I didn't meet any friends for over a year😅 I got healed immediately as soon as I finally began hanging out with people again regularly and seeing work colleagues daily.

@user-fg9oj3wb2m

7 ай бұрын

How naive you are is so pure. Yes, they matter. But they won't be by your side when you become their burden. No matter how you were good to them isn't matter. They will leave. So money comes first.

@danielsmithiv1279

7 ай бұрын

​@@user-fg9oj3wb2m Money AND family and close connections will fail you in this world. There is no hope in this world. The only one who won't let you down is Jesus Christ who will always be there rather than a human who will fail you because they sin--just as you and me sin. So, money doesn't come first either. Jesus Christ comes first.

@betsyross2.065

7 ай бұрын

No,our lives have been stolen by our utterly corrupt government....

@jbwentworthe6082

7 ай бұрын

Family and friends are why we need that ole green Devil -food, shelter, heat lights transportation medical, etc. etc. Who wants his kids to grow up without Santa Clause !

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..

@kenanporubsky2122

Жыл бұрын

I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.

@hermanramos7092

Жыл бұрын

I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.

@bob.weaver72

Жыл бұрын

@@hermanramos7092 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

@hermanramos7092

Жыл бұрын

@@bob.weaver72 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

@bob.weaver72

Жыл бұрын

@@hermanramos7092 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

Now here is a collab I didn’t expect!

@Jaapst

Жыл бұрын

Clicking on this video thought the same ! Wow

@_BobaFett_

Жыл бұрын

@@hauntedhose what more did you expect?

@brendamarie7627

Жыл бұрын

​​@@hauntedhose obviously you know everything

@manuellopez5080

Жыл бұрын

@@_BobaFett_he interviewer doesnt know much about Ray’s thinking. He always gets asked the same questions by everybody. Even worse, he gets asked the horrible and unacceptable question: how can we benefit from the current situation? Come on! Just because he is a super wealthy person doesn’t mean we should be coming to listen to him trying to take advantage of that by asking him that question. Ray is an spiritual person, an intellectual, ask him questions beyond the mundane and vague.

Nice video as always but here is my problem I have been making losses trying to make profit tradng. I thought tradng demo account is just like tradng the real market... can anyone help me out or at least advise me on what to do

@Haroldmegan

11 ай бұрын

I'll recommend Expert Henne Nate to you. he's the best I've seen. he trades my f.x account and makes me good profits weekly.

@richardbalint2582

11 ай бұрын

wow i'm shocked you just mentioned and recommended Henne Nate i thought i'm the only one trading with him

@sylvesterandris5410

11 ай бұрын

​@@richardbalint2582My first experience with him gave me the assurance that has made me to trade without fear of loosing

@SylvainASSOU-cs3wr

11 ай бұрын

​@@richardbalint2582you don't need to be shocked because i'm also a huge beneficiary of Henne Nate

@earnheardtmatt1489

11 ай бұрын

I'm so happy for taking the bold step in investing with him. What suprises me about him mostly is he gives his clients access to his trading site whereby they can monitor their trades on a daily basis

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?

@Emily-le2op

10 ай бұрын

This is really nice. I worry that I have a couple more years before retirement, and I want to switch to using a financial advisor, I could really use the expertise of this advisor.

@Emily-le2op

10 ай бұрын

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.

I’m grateful to Ray Dalio for a very grounded view of life - 🙏

Holy now Chris is a big deal! To get one of the richest and busiest men on the planet to do a pod with you! Absolutely Fantastic. Keep up the brilliant work 👍🏻

@arjungupta3095

Жыл бұрын

Chris is amazing.m

@michaelnicholson657

Жыл бұрын

I agree; but less advertisements would be appreciated :P

@jimluebke3869

Жыл бұрын

Fantastic? Dalio is pushing his propaganda through the new Influencer class. He's weighing his words for the effect they will have rather than the truth value they have, as always. This time Dalio looks different, though. He looks.... scared.

@mikemaxwell1801

Жыл бұрын

He's 75, he ain't that busy.

@burjalmadre

Жыл бұрын

where can I get his money like?

I wish I had a dad or grandpa with so much character and knowledge to just have an endless chat with on a weekend with a cup of thea or coffee+cookie

@theultimatedisciple7974

Жыл бұрын

Same, that would be awesome.

@plutoloco2378

Жыл бұрын

Yeah. You just gotta give grandpa a little reach around to get some info.

@jackiekjono

Жыл бұрын

You could always volunteer at a nursing home. You'd be surprised what people know and can talk about - even the ones with dementia.

Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

@kenanporubsky2122

Жыл бұрын

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

@Oly_laura

Жыл бұрын

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

@lipglosskitten2610

Жыл бұрын

Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

@kenanporubsky2122

Жыл бұрын

@@lipglosskitten2610 Impressive can you share more info?

@lipglosskitten2610

Жыл бұрын

@@kenanporubsky2122 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

So how exactly can we guard against the coming economic cycle threats? Like what are really the best strategies to make our portfolio recession proof, against the incoming economic disasters? I'm worried about my $460k stock account because I've heard that this will ruin the financial sector.

@georgeh.5126

5 ай бұрын

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions

@josephbush

5 ай бұрын

The US-Stock market has been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look. I’ve netted over $592k in the past 10months with proper guidance from a market strategist.

@debwes1

5 ай бұрын

@josephbush I also require guidance, need to recover my portfolio from the significant declines and develop more effective methods. How do I get in touch with this advisor?

@josephbush

5 ай бұрын

I take guidance from an FA named 'Heather Lee Larioni'. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI. She has a contact webpage if you care for supervision.

@debwes1

5 ай бұрын

Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me before my portfolio is completely gone.

I like Ray’s message. Focus on building the US up rather than tearing China down

Chris, the stack of undeniable proof that you have achieved something great is growing. This podcast is incredible. Keep up the great work you are doing. Thank you 💪🏼

@jaxonkurtis

Жыл бұрын

🔥

@FOURTEEFIVE

Жыл бұрын

Kiss ass

@frogyafro

11 ай бұрын

And no mention about the topic?

@rodneycaupp5962

11 ай бұрын

Nick, because of your comment I'm going to start the video over and listen closely... Thanks. I direly need the positive vibes.

@FOFY802

8 ай бұрын

009990😊v.

The pandemic has shown us just how quickly decades of planning, investing and saving can be completely upended. This could mean your current financial plan might leave you without enough money to last your retirement. A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less.

@stephenpotter21

11 ай бұрын

In other words, an advisor-managed portfolio would average 8% annualised growth over a 25-year period, compared to 5% from a self-managed portfolio

@ericmendels

11 ай бұрын

@@stephenpotter21 I agree; for over 17 months, I've maintained regular contact with an investment advisor. Nowadays, it's really simple to invest in trending stocks, but the challenge is knowing when to sell or hold. To support me with entry and exit points, my advisor steps in. Within 18 months, I've accrued almost a million dollars from an originally stagnating reserve of $300K.

@cloudyblaze7916

11 ай бұрын

@@ericmendels I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning

@ericmendels

11 ай бұрын

Having a counselor is essential for portfolio diversification. My advisor is “Sharon Louise Count'' who is easily searchable and has extensive knowledge of the financial markets.

@albacus2400BC

11 ай бұрын

@@ericmendels Thank you so much for this tip! Finding her was easy, and I was really impressed with all the research I did on her credentials before scheduling a call.

Good job on interviewing, I like that you allow the person to fully answer before you interrupt, and ask well thought out questions. The end of this interview was priceless advice.

What I took from this video (1) Fear is too much of a driver in your life (2) You pretty much have more than you need (3) US needs a strong leader or it will implode (4) You need to re-evaluate your success criteria (5) diversify your assets so as your losses are minimised (6) Have a plan and don't fret over the daily issues. (7) Finally and importantly, live in a country and community in a low cost healthy way.

@ming-juchiang6516

10 ай бұрын

100% Agree

It always annoys me when some idiot says money doesn't make you happy. That means he has enough, and can't comprehend what it's like for those that don't. If you barely have enough to keep your head above water, and worry that the next time you have to go to the hospital will bankrupt your entire family, you understand the fact that money does buy happiness.

@grannyannie2948

Жыл бұрын

Exactly, you need to be financially secure before the amount nolonger matters. And very few get to that level of security. And the next decade is bleak.

@evilreligion

Жыл бұрын

Money does not make you happy but it does enable you to be happy. A lack of money creates stress and thus impinges on any ones ability to be happy. However just because you get rich it does not mean you will be happy. There are plenty of perfectly miserable rich people.

@filmjazz

Жыл бұрын

What was sorely lacking from the conversation was the issue of wages, and how they’ve been essentially flat for 50 years while the GDP has continued its long march upward. All of those extra gains are going to the top 10% and everyone else is struggling. We need to talk about what it’s going to take to reverse this trend and get employers to start f’n paying people more, simple as that. It’s either going to be government mandates, or it’s going to be violent upheaval. If we don’t want blood in the streets then the only conversation worth having is how to fix our election system and the government that is supposed to represent the majority, because right now it is utterly broken. To be fair to Ray, he himself has pointed this out in a great explanatory video he made 7 or 8 years ago that was called something like “how the economic machine works.” At the end of the cycle when inequality gets too extreme, he outlines the same two options I did above. I would have liked to see that addressed directly in this conversation.

@queserasera1674

Жыл бұрын

People who say money doesn't make you happy don't know where to shop. 😂

@sew_gal7340

Жыл бұрын

Youre not wise enough to understand the meaning of that phrase, money doesnt equate to happiness but it does provide you with all your basic needs. My mother has a lot of money but she is a miserable person , simply because she has demons that she cannot overcome...money is a cushion but never the answer. There are rich people who look at poor people with envy because they dont have peace of mind or true inner peace. If money brought happiness there would never be suicides among rich countries or even among wealthy people. But we know this is true. Money often = stress

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. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust.

@benjaminsmith3469

11 ай бұрын

Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by

@oliviataylor4672

11 ай бұрын

Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counsellor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

@billybrannon6394

11 ай бұрын

Absolutely, Fiduciary-counselors have exclusive information and data paths that are not disclosed to the public.. I've made worth of $260k in raw profits from just Q3 of 2022 under the guidance of my Fiduciary-counselor “CHRISTINE ANN PODGORNY”. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

@cuddyb9631

11 ай бұрын

How can I count with CHRISTINE ANN PODGORNY, what are her services, is she verifiable, do you think she can help me, I live in Canada?

@billybrannon6394

11 ай бұрын

Christine 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.

RayDalio is a wise and courageous American hero! May God always bless him and his family!

Just remember, the world is the way it is because of people like this guy.

@Boz196

Жыл бұрын

There’s always bigger fish. It’s the people above this guy, the owners of the central banks which control 95% of the worlds GDP. He’s a small guy compared to them.

@oakson3045

Жыл бұрын

You are. Ray Dalio was and remains instrumental in the shaping of the financial conditions that you’re living through right now.

@haid3r-88

Жыл бұрын

Although the OP may be right.. at least he's decided to share his knowledge with simpletons of the world.. he really didn't have to

@gb8518

Жыл бұрын

Incorrect. The governments and dictatorship has the word like this. They print money and create debt. Dario never be in any US administration

@Alehzinhah

Жыл бұрын

​@@oakson3045 exactly... If the world is the shit it is, is because of people like him

Ray Dalio echoes the rhetoric of Japan in the 1980s and Germany in the mid century. Contrasting Dalio w/ Zeihan shows there are problems we face in the future, but the doom and gloom is severely overstated.

@notundermywatch3163

Жыл бұрын

Exactly! The world actually has a much better capacity for adaptation and resilience than we give it credit for. These doomsday predictions have a storied poor record since way back. Humans aren't bovines, we find solutions and evolve in real time with problematics. I mean I am 39 years old and can't count the number of times we've been " on the brink of collapse" on my lifetime alone. The fuckin 70s oil crisis was supposed to be the end of civilization ffs.

I am amazed at how down to earth this billionaire is. Amazing person.

@BetrayerSlayerMusic

11 ай бұрын

Maybe get a dog, if you need a hero.

@davids5205

11 ай бұрын

@@BetrayerSlayerMusic lmao

@petekdemircioglu

11 ай бұрын

You cant manage $150 Billion with egocentric Thinking.

@drumyogi9281

10 ай бұрын

Most of the top commercial investors are very down to earth. Peter Lynch and Jack Bogle both come to mind. Super smart, funny and just very easy going. I think the reason why is it wasn’t ever really about the money. It was about the game. The fun. They are BIG nerds.

@IAMTHEANTICHRISTISWEARMAN

8 ай бұрын

why do people say such stupid things

Would love to see Ray Dalio and Peter Zeihan just sit down and shoot the shit for an hour. That would be something to see. Chris has done great interviews with both.

Chris that was probably the most balanced and sober dicussion I have heard on how to navigate the upcoming crisis. In addition I would add probably Ray Dalio's most revealing interview I have seen on how he really views all of this. You really are a top notch interviewer. Thank you for the great podcast. Well done! Enjoyed every minute of it.

@chewbaccassecretlovechild2607

10 ай бұрын

Have you read the works of Wilbey Wagner the 3rd . My favorite phrase and story...When the snake danceth around the naked flame 🔥, will the lamb slaughter thy brothers and sisters..Yigeth dear one..What did Willo mean? Schoalors have debated for eons! I know that a smart person such as yourself will ponder through the night with a hot choccy 😊😊

I love people who were able to predict no less then 38 out of the last 7 desasters. That's so very, very observant of them.

@chasehedges6775

Жыл бұрын

These people are legends

@JhoferGamer

Жыл бұрын

@@BOZ_11 no u

@eeronat

Жыл бұрын

Cynicism is a sign of intelligence mixed with a malaise of the spirit

@chasehedges6775

Жыл бұрын

@@eeronat 👍👍

@tomhavenith2330

Жыл бұрын

@@eeronat, so very true. :-) But I don't see myself as a cynic at all. Sarcasm is the selfdefense of the soul.

I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

@markfreund8904

Жыл бұрын

All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.

@Jonathankirchner_

Жыл бұрын

That is true, you need an expert trader to make good profit from cryptocurrency trade

@Jonathankirchner_

Жыл бұрын

And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.

@johankarlsson1802

Жыл бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.

@mayaharper4380

Жыл бұрын

​@@johankarlsson1802How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.

The world will never stop moving forward. No matter what complicated circumstances occur in the world, the world will never stop moving toward the light, new turing point will appear, I believe what I believe. Vivian Zhang

When I’m bombarded with some of the alarmist interpretations of what, “Ray Dalio Says!!!”, this was a refreshing and personal glimpse into the man’s humanity, common sense and integrity. Thank you for providing this opportunity for us.

@dol3980

Жыл бұрын

HE IS a complete charlatan and dud like Peter Schiff et al. He did not even know about the most important analysis of 2022 the EBERSTADT study. Some fu...n guru.

Delighted to see an interview with Ray Dalio, a serious writer and thinker. I also look forward to an extended discussion soon with Peter Zeihan, an awesome and complementary strategic thinker.

@brushstroke3733

Жыл бұрын

Nate Hagens would be great to have on this podcast as well.

@mithrandirthegrey7644

Жыл бұрын

Peter Zeihan is a doofus. He is full of just-so stories with no substance.

@josephsmith6777

Жыл бұрын

I think they have shared the stage a few times

@mfawls9624

9 ай бұрын

I like Zeihan but he really is just repeating the same thing for at least the last ten years.

Thank you so much Chris for interviewing Ray.He is one of the most humble finance titan in our modern times.Cheers to all those viewing who are trying to find their way through life.

We are in unprecedented times. Never in history have we had such a large economy with many industries. Its too hard to tell what will happen.

this guy should be a politican because he's really good and sounding like he's saying something

@MinifigNewsguy

Жыл бұрын

just because someone that sounds really good, doesn't mean they should run for office

@treal512

Жыл бұрын

@@MinifigNewsguy that is the point

@James_36

Жыл бұрын

@Therman Merman USA will likely be number one for another 700 years.. don't kid yourself there is literally no other even close

@shizz3907

Жыл бұрын

Precisely why he shouldn’t be a politician. Unfortunately in politics one of the realizations politicians make very early if they are successful is that the truth isn’t popular. No matter how much their constituents claim they want it.

@James_36

Жыл бұрын

@Therman Merman the fact that they are already light years ahead of any major power and their rivals are going to collapse in demographics big time due to poor policy

Love the way this ended. We all get so hung up on our finances and geopolitics its hard to remember what we DO have and what's important. Love Ray Dalio

What I like about Ray's writing is that he shows examples of times thoughtful action by national leaders have righted the ship.

Ray Dalio is the best. I would "like" this video, but since KZread doesn' t trust me enough to handle "dislike", I'd better not attemp a "lile".

@wynnhorton1208

11 ай бұрын

56:00 I suggest reading ChuangTzu, other Taoists, and Existentialism.

First time I saw this person I thought wow, he speaks the absolute truth. Saw his decline of empires video and it also blew my mind. Pity his at an advanced age, I think he has so much experience that he still has years to teach the younger generations. Sir I wish you still many years ahead of health and hope you continue teaching. Greetings from South Africa.

@priscilla.colburn444

Жыл бұрын

Problem is: No one WANTS to LISTEN. Almost everybody is living in FEAR.

@LeannaNixon-wc3ml

Жыл бұрын

For a 75 year old, he looks and sounds great.

"Every body loses in wars." Except the Military Industrial Complex.

@ickster23

Жыл бұрын

And the government. Politicians and bureaucrats always end up with more authority.

Ray has such a velvet smooth way of explaining complicated matters.. And it's always a great interview when the interviewer asks the right question and just sits back let's them speak.. Love yr work mate👌👊

@ksmith2852

Жыл бұрын

Like a salesman

@bidmcms3

Жыл бұрын

Name one thing he had accurately predicted

@MikeyJJJ

11 ай бұрын

@@bidmcms3you know what Ray does for a living right?

Ray Dalio is 74!?!? Damn! What’s his secret? He DOES NOT look 74! Man is holding up nicely. 👏🏼👏🏼

Chris: You were talking about the large number of men who are out of work and not looking. It reminded me of a podcast that I heard a while back, and I think it probably explains what might be going on. Basically, a lot of factories shut down in the US and a lot of older men weren't able to find new jobs. Many of them are in their 50s and aren't good candidates for education and whole new careers. What has been happening in some of these towns is that doctors will get them put on disability. It's sort of like welfare, but they don't have work requirements. Also, states have to pay for welfare but the federal government pays disability, so states have an incentive to move people off welfare and onto disability. There's been a massive rise in the number of people on disability since the 1980s. There's a whole podcast about it which you can find if you search for "unfit for work". This American life episode 490 "Trends with benefits" talks about it. It's super interesting and also depressing. It's not necessarily true that these men are just depressed and unmotivated. It's that the economy can't easily find new jobs for older men who worked factory jobs which have disappeared. There's one county in Alabama where 1/4th of the population is on disability. There's also kids on being put on disability because the government will pay money to families to help with childcare costs. Not sure if you read the KZread comments, but hope you see this.

@hotephousing7867

Жыл бұрын

Chris mentioned that there are cohort of men from age 22 to 55 that don't want to work......Ray takes that and references his wife's work with "that population" (40:37) , that are coming to SCHOOL high on Marijuana. Chris asked what ages. Ray says 10. They obviously aren't talking about the same population. Or are they? 👀Perhaps Ray's bias is showing there. IYKYK

@veganandlovingit

Жыл бұрын

@@hotephousing7867 well if they've been smoking dope since 10, no they probably don't want to work in their 20 s their brains are fried

@lamarravery4094

Жыл бұрын

It's these old white men that blame immigrants who get welfare, when they are on welfare, love the hypocrisy, go Republicans! Hooray!🤣🤣🤣

I recommend Ray’s book, principles for dealing with the changing world order

What an incredible job leading that interview and keeping it flowing. Ray measures his words very carefully and he did a great job extracting more from him

I'm concerned about how he clearly avoids seriously discussing the subject of China at 42:00, completely changing the subject.

@sew_gal7340

Жыл бұрын

Whats there to talk about, if youve ever been to shanghai or shenzhen you will see how incredibly futuristic their cities are, it feels like stepping into a video game. NYC and SF cant even compete

"Sometimes, the most luxurious thing I can do, is take a Tent and be Camped in a Beautiful Spot" That's what I'm doing a lot of this Summer. I love the Peace of it though I'm not fond of Raccoons. They seem fond of me. When I start worrying about Raccoon raiders at night, I know I have it made.

Success depends on the actions or steps you take to achieve it. Show me a man with no investment and I'll tell you how long it takes to fail. The investment creates a safe haven for the future. With the right choice of investment that has at least a minimum risk of 2% and with expert advice, profits and interest are 100% guaranteed.

@rufuslorenzo4092

Жыл бұрын

I'm glad I got into trading when I did because it was a turning point for me financially it was my best decision ever. All thanks to Mrs Shana Heckel her set skills are amazing.,

@helenbake4141

Жыл бұрын

Amazing to see another who trades with Ms.Shana Heckel, I am currently on my fifth trade with her and my portfolio has grown tremendously. Your weekly signals are highly profitable,,,

@rolandbrooks4120

Жыл бұрын

I invest with Mrs Shana Heckel too, her charges a 20% commission on profit made after every trading session which is fair compare to the effort she puts in to make huge profits.

@laylajasper3735

Жыл бұрын

This is not the first time I'm hearing about Mrs Shana Heckel and her exploits in the trading world but i have no idea how to reach her.

@harrybm3442

Жыл бұрын

As a first time investor I started trading with, Mrs Shana Heckel, I personally appreciate her straight and simple approach towards educating traders. My portfolio has grown more within just weeks of trading with her.

I've never regretted Jesus as Savior and studying the Bible and living by it. Life did come with an instruction manual.

Bless you, Mr. Dalio, for doing these kinds of interviews.

@robincarvey7492

Жыл бұрын

Thank you, Wu Mau 五毛党!

@patriciarodas5084

Жыл бұрын

I enjoy mr. Dalio interviews. THANK YOU!

@agnestse4413

Жыл бұрын

​@@robincarvey7492Such a joke! Writing worthless crappy comments...

This was brilliant. Thanks Chris and thanks very much Ray for sharing your wisdom to the people like myself who otherwise wouldn't have access to this kind of information.

I am a teacher of Economics from India,, Gujarat.. I am telling about you to my students,,, sir you are my one of favorite Economists...

One thing that young men are facing is eternal war and the young men are the fodder. As a grandmother I'm tired of our men dying for countries who don't like us and don't want us.

My problem with Ray Dalio is his view of history is like a narrative that was inevitable, when in reality things don't work that way.

@notundermywatch3163

Жыл бұрын

Precisely

@daniellove162

Жыл бұрын

That's just a consequence of story telling I think. I think he is a great story teller in his content. I also understand storytellers have a POINT of view and can't actually describe a comprehensive view.

@smokingcrab2290

Жыл бұрын

Then why does it constantly repeat?

@bigheadrhino

Жыл бұрын

He says in the interview that it’s not destined. He’s just pointing out the trends as he sees it. Of course when you describe a theory it will sound like your speaking in absolutes but the alternative is having to caveat constantly. You really just need one caveat saying its not destined and then proceed with the presentation. That the listener can make their own assessment after listening should go without saying.

@andersbjrnsen7203

Жыл бұрын

​@@smokingcrab2290history? It doesnt really repeat, its more that it rhymes.

I LOVE RAY'S OUTLOOK ON LIFE !! ❤

Well done. Credible. Especially the personal advice in regards to success in life. I was reminded what my grandfather Pop would often say, "boy money is a shitty way of keepin score' I love it, yall. Eat a peach for peace Nate from Georgia

We admire Ray Dalio’s wisdom and good sense! Hope US leaders will be able to hear him! Thank you!

Love Ray's insights. Chris is a good host. Really good questions!

When someone like Ray Dalio says in the end "It's gonna be okay", means a ton to someone like me.

@OlJackBurton

Жыл бұрын

He also said i hope we make it to 2050...😂😅

@somil07

Жыл бұрын

@@OlJackBurton TBH, the pace at which things are happening, we would be lucky to make it through this decade in peace

@sew_gal7340

Жыл бұрын

@@somil07 Civs rise and fall, we are witnessing the fall of the usa right now...its sad but i really dont think it will reach a peak in our lifetime.

@samreynolds3789

Жыл бұрын

Soooooo ALL THE:? DAMAGE/MASS MURDERS/LIES/INVADING & STEALING OF CONTINENTS/SLAVERY /RACISM/SEXISM /WARS , etc….., ARE GOING to BE IGNORED ?

I’d like to see Ray & other billionaires do what they can to prevent a crisis! 🌎⚜️🇺🇸

@Charliechorizo

Жыл бұрын

How do you stop a wave from hitting the shore?

Mr. Dalio please run for president. We need you!!!

@billiejowhite3638

8 ай бұрын

If you will enjoy serfdom.

Some people are reluctant to admit that certain factors contribute to certain outcomes so big up to him for that

He says about crypto, "Bitcoin doesn't move in a reliable way relative to almost anything...crypto, it's very easy to track the owners and transactions in it, it's not liked by the government...it's a small asset class, we talk a lot more about it but it's size is about 30% of Microsoft and Microsoft is one stock among many stocks" I even liked his life advice at the end about staying sane in this environment: don't engage, ignore it, it probably doesn't matter, take care of yourself, do things you like, meditate, go out in nature. Haha, take that from the 50 billion dollar man!. Good episode. When Dalio speaks the information and perspective is always so good, you just have to get through his seeming pride and arrogance. Haha. Great guest. I'm just starting to watch and your show might be a great format for him to speak out. His very large investment company is famous for their environment of 'truth telling' and rigorous evaluation of thought and performance in the work environment. I feel this comes through when he speaks. I love the discussion on income inequality and Dalio puts it really straight - winners and losers and societal costs. Point - I often don't find all the breakdowns and statistics that useful or informative. Like the 7 million checked out males in a certain age group. How am I going to evaluate the quality of their lives, how their lives are in relation to other possibilities, or how to assign culpability to whatever seems unfortunate about their lives from the outside. On the other hand when I think about the united states, which I know best, the levels of hopelessness, the lack of community, the need to escape with drugs or screens or food or violence or whatever, the dysfunctional and self interested leadership, lack of cohesive national identity, inability to address fundamental problems and a widespread belief that younger people will be worse off seems kind of heavy and doesn't get talked about like statistics or labels. The demographic stuff seems real and important. Great interview, I'm almost finished, so thanks and take if from the man.

@zoranvujovic998

Жыл бұрын

I've just finished watching the video and I'm a bit disappointed. Didn't see any signs of pride or arrogance you mention, only desire to share knowledge and somewhat limited ability to do so. Perhaps bad platform for him, or maybe declining cognitive ability, or just a bad fit with Chris. I have very little to take away from this video. Though I'll give a shot to Dalio's "changing world order", hopefully it's better. Have you seen it?

Our society is being sorted by cognative abilities.

The last segment is the most important. We can lose our minds keeping track of every bad thing in the world. Or, we can go spend time in nature. It makes a difference that money can't buy.

Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.Inflation is dilapidating.

@mcginnnavraj4201

Жыл бұрын

There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

@hannahdonald9071

Жыл бұрын

@@mcginnnavraj4201 People do downplay the importance of expert counselors up until they experience the consequences of their errors. I wanted to stay afloat between the COVID outbreak and my early 2020 layoff, so I started looking for license advisors. My previously stagnant $325K reserve has so far created significant returns from subsequent investments owing to expert leadership by my FA, who can be found online. I was fortunate to come across someone with her level of practical knowledge and years of experience, and she helped me.

@graceocean8323

Жыл бұрын

@@hannahdonald9071 We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

@hannahdonald9071

Жыл бұрын

My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

@trazzpalmer3199

Жыл бұрын

Right now, I'm literally hanging on by a straw, so your advice couldn't have come at a better time! I'll look her up on the internet and then give her a call.

Ray had an excellent comment to the work ethic question. Work ethic is irrelevant when resources limit opportunity.

The most essential and important part of this excellent discussion is contained within the last 5 minutes! Thank you Ray for your wisdom and keep up the great work Chris! 🙏

@harrykanhura4178

Жыл бұрын

Thank you, for saving me valuable time.

@johnblasiak2499

11 ай бұрын

Went to the last five minutes

@grannyfranny5410

11 ай бұрын

Same

@Andrew-qc8jh

11 ай бұрын

Thanks for this comment. You saved my nervous system and time

The best way to describe the present economy is 08' 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $16,000 from $7000 and I'm left wondering what retirement have in store for me 5years down the line, I'm ill-prepared tbh, my 401k worth about $320k gains are zero-nothing and my stock portfolio?...OH WELL!

@CynthiaByrd648

Жыл бұрын

@Trevor Ogden These market uncertainties are why I don't base my judgments and decisions in the market on rumors and hearsay. I got the best of me in 2020 which made me occupy a worthless position in the market, I had to reorganize my entire portfolio using an advisor, before I started to see significant results happen in my portfolio. I am still using the same advisor and I have netted over $1.5 million in 2 years, whether it's a bull or bear market, both generate good profits, it all depends on where you're looking.

@MIchaelGuzman737

Жыл бұрын

@@CynthiaByrd648 Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08' crash and i have researched similar opportunities in this current market, could this person who guides you help?

@CynthiaByrd648

Жыл бұрын

Renowned for her proficiency and expertise in the financial market, “LISA ELLEN SHAW” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as a force in this domain. You can look her up if you want to find out more

@MIchaelGuzman737

Жыл бұрын

@@CynthiaByrd648 I found her webpage, reached out via email, and scheduled a call, anticipating her response. My goal is to commence 2023 on a positive financial trajectory.

@gomperhooblet

Жыл бұрын

Your monthly living expenses are $16,000? You spend $500 every day?

Chris, you patience is impressive. This gentleman speaks for a full hour without saying anything of importance, no matter how interesting and detailed questions you ask him.

@Bukulmus

Жыл бұрын

yeah dude, financial intelligence is totally overrated. we now return back to your previously scheduled doom scrolling.

@Ms.K001

Жыл бұрын

That’s how Ray always speaks, never any direct advice, just very general, high level discussions that are not very useful

@garyzies3486

Жыл бұрын

Either you were not listening or you don't have any kind of financial wisdom.

@emmalinejosaphine7186

Жыл бұрын

​@Gary Zies agree, but common sense too.

@emmalinejosaphine7186

Жыл бұрын

​@Ms. X I've noticed highly intelligent people speak in terms of ideas and big picture assuming others have the capacity to break it down and thus take action/direction accordingly. I think they miss that most don't have that capacity.

Not a big fan of hedge funds or their founders but Ray Dalio really breaks this mold. Good man, happy to hear such common sense. Great interview skills by Chris.

@lukey1210

Жыл бұрын

I agree. Ray is gold. The hedge funds who are evil are fronted by steve cohen, Doug cifu and ken Griffin

@RedSpicyFeast1010

Жыл бұрын

I am sorry to inform you that if you dislike hedge funds and investment banks, you are the enemy of American capitalism. All socialist and Marxist should consider relocating to China or Cuba almost immediately. We can't have outright traitors sabotaging the great capitalist economy of our free American nation.

@lapx1

Жыл бұрын

Yeah, after he's made billions😮

I just want to say thank you for sharing refreshing and engaging content to the masses. ♥

Just subscribed, Chris! Thank you for being such a good interviewer, asking the right questions, so Ray Dalio can apply his logic to the current dystopian world.

Cosmos and Psyche is a good read for another supporting viewpoint on study of cycles like Ray Dalio has done.

Thank you Chris.... This was a truly well unpacking of Ray's current thoughts upon several current, pertinent issues. You and He both moderated each other perfectly.... Almost relaxing nd calming.. Which is unusual these days.. Thank you

I've lost my childhood&young years because of health issues. I've lost my twenties because of depression. I've lost my thirties at work to accumulate money but that was wrong approach because I should've been accumulating life expirience, improving social skills, learning another trade.. good that at last at the beginning of my fourties I'm more chill and know things, better late then never. Peace!

Ray Dalio is a man of great wisdom.

Wow! Impressive interview Chris. Brought Dalio out nicely ⚡️

I’ve been hearing this for the last 50 years.

@NickMart1985

Жыл бұрын

Its been happening for 50 years. It can take centuries for empires to regress.

@nightowl5475

Жыл бұрын

@@NickMart1985 Yeah, with that ideology, you're never wrong. I could go to my best friend's baby shower and say, Jim, I don't know why you're wasting your time with this baby shower. Do you know, your son is eventually going to develop a rare skin skin cancer when he's 78 and die a horrible, painful death. In other words, this country is going through a lot of challenges, but every morning, the buses are still on time, people are still getting up to go to work, society continues to go forward. The internal cracks that happen, make way for reforms. Example, Diane Feinstein is close to her 90's and not able to do her job in the Senate. For years we've been taking about mandatory retirement in government. Now, her decline along with other Senators is shedding lighting on a much needed reform. You can't make a career in the Senate and be carried out in a box! There are too many really smart people in this country. I doubt we're going to hand the keys to our country over to Communist China. I could write a book about the positive movement of our country, but people like hearing the negatives. I think positives come via reforms from negatives. Don't sell out the U.S. just yet.

@NickMart1985

Жыл бұрын

@@nightowl5475 I understand that and it was exactly my point. You'd be right in either circumstance. "Collapse" is always the happening when something is not thriving and growing. Unless there a nuclear event or something equally existential, growth or decay are the only states of existence. There is no steady state.

56 minute mark. If you’re one of the 110million Americans that doesn’t have $400 accessible for an emergency, figure out what you need to survive; a good bed, friends, maybe a home, and get your camping gear ready. Camping is lovely.

Thank you Ray Dalio for sharing your wisdom and truths! Super great!!!

Without a doubt, the most important podcast you've done yet.

Ray Dalio has a wealth of useful information and I definitely buy into the cycles seen through history. But I take issue with billionaires telling people money doesn't make you happy. All the things that are important in life, security of yourself and loved ones, friendship opportunities, travel, food ,experiences, relationships, health and fitness, new projects to invest in etc etc are improved with money i havent found a limit where the amount of money I haven doesnt benefit my happiness. So Mr Dalio, feel free to give me your unwanted billions as it sure would make me happy 🙂

It's a really pleasure this conversation with Ray Dario He transmitted so much tools ideas reflection about this transition. Thank you

22:00 pure gold

Extraordinary interview of Respected Ray Dalio. God bless Ray Dalio with the best of health.

This guy, the Ray is really a great mind. Thanks for this video. I really appreciate it

Less people doesnt necessarily mean less potential. Its time for a reduction cycle.

Legend

@10318858

Жыл бұрын

Yes sir!

@juls5347

Жыл бұрын

And Ray Dalio is a cool guy too!

@upvotecomment2110

Жыл бұрын

Legendary sell out

@Brujo2016

Жыл бұрын

It’s so awesome to see you here man

@gdtimay

Жыл бұрын

There he is

Chris, I don't often comment, but you are a top-notch interviewer.

I think I’ll just have to wait until this is available in English.

I think Ray Dalio is on the money here. Since the creation of the Federal Reserve in the US and of course all the other Central Banks (ECB, Bank of Canada etc.) The debt added to the system has been mind boggling. The next 40 years will be more challenging IMO versus the past 40 years.

Wonderful to see a great video of good content. we all have to win in order to overcome recession and inflation The stock market provides a place where companies raise capital by selling shares or shares to investors. Shares give shareholders voting rights, as well as a residual claim on corporate earnings in the form of capital gains and dividends. But it is better to Invest in Cryptocurrencies because you earn more and better. In my role as a financial planner, I serve clients with different income levels. But my goal is the same for everyone I know. I want to help wealthy families continue to grow wealth while helping young families achieve their financial goals. Your investment creates a safe haven for the future and helps you weather the economic crisis

@J_parker

Жыл бұрын

>

@Smith.ash2

Жыл бұрын

INSTAGRAM

@Smith.ash2

Жыл бұрын

Shermwilli trade

@King_jacky

Жыл бұрын

Investments are the stepping stones to success, especially if you have been guided by a professional. Is Sherman Williams Trading that good?

@Smith.ash2

Жыл бұрын

On a scale of 1 to 10, I'll give Sherman Williams Trading a 9 simply because no one is perfect when it comes to trading, but when it comes to making a profit... Trust me when I say that it may surprise you. . when you don't expect it

We need change. Corruption, greed, inequity, wars...we have very smart good people living in poverty. THIS SYSTEM IS NOT WORKING.

The book the 4th turning written in the late 90’s is awfully similar to what Ray is talking about regarding looking back in history

@George-vf7ss

Жыл бұрын

Bingo, pay the man.

@DougJacobson2

Жыл бұрын

Oh a Niel Strauss fan. This book is scary in what it got right, and many (myself included) think we are in a 4th turning right now.

Behold, the four horsemen are prepared to ride.

Ray Dalio is like the Bonno of Finance.

Actually some of "the good things in life" are expensive as hell: having kids, eating healthy, not to mention having a roof over your head which got expensive as hell. So much for this advice 😢

@chris-eq3sx

Жыл бұрын

And if AI takes over, who will be paying the taxes that human workers are forced to pay so that services can be continued - education, health, pensions, welfare etc....

@sew_gal7340

Жыл бұрын

I eat healthy and my food bill is no more than a 130 a week. I dont each much meat and all my veggies are organic.

@RedSpicyFeast1010

Жыл бұрын

Eating healthy is so cheap. Eat steaks and eggs with some fruits and veggies two times a day and you are good. Stick to natural food, avoid the processed.