#251 – Ray Dalio: Money, Power, and the Collapse of Empires

Ray Dalio is an investor, author, and founder of Bridgewater Associates. Please support this podcast by checking out our sponsors: – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil – GiveWell: https://www.givewell.org/ and use code LEX to get donation matched up to $1k – Magic Spoon: https://magicspoon.com/lex and use code LEX to get $5 off – Blinkist: https://blinkist.com/lex and use code LEX to get 25% off premium – MasterClass: https://masterclass.com/lex to get 15% off EPISODE LINKS: Ray’s Twitter: https://twitter.com/RayDalio Ray’s Instagram: https://www.instagram.com/raydalio Books & resources mentioned: Ray’s books: https://amzn.to/3swN5uw Ray’s free personality test: https://principlesyou.com/ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (08:14) – Money or power (11:50) – Big Cycle (31:43) – Collapse of the American Empire (40:10) – War (43:18) – Xi Jinping (49:21) – Importance of freedoms (55:24) – Democracy’s vulnerability (58:49) – Communism’s vulnerability (1:05:50) –