Ray Dalio, an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund.
And he says it happened before.
So today I want to talk about how the world works and how do we deal with it according to Ray Dalio.
Watch full video here
👉
https://www.youtube.com/watch?v=xguam0TKMw8&t=13sSo, how does the world work?
For every powerful nation there is a big cycle - the rise and fall.
It all goes like this:
1. Peace, prosperity and productivity.
2. Financial bubble and big wealth gap.
3. Financial bust and economic downturn.
4. Printing money and credit.
5. Revolutions and wars.
6. Debt and political restructuring.
7. New world order.
🔁And repeat.
We are part of the changing world order – we see the early decline of American "empire" as well as the rise of the Chinese.
For previous empires the transition of power happened in 10-20 years.
There are few principles that can help us navigate through these times successfully:
🔹Principle 1.
When central banks print a lot of money, buy stocks, gold, and commodities.
Their value will rise while value of paper money will fall.
🔹Principle 2.
To understand what is coming at you, you need to understand what happened before you.
Ever wondered how did the "roaring" twenties bubble turn into 1930s depression?
🔹Principle 3.
A Nation's Greatest war is with Itself.
Over whether or not it can make the hard decisions needed to sustain success.
🔹Principle 4.
We need to earn more than we spend.
🔹Principle 5.
Treat each other well.
These two are self-explanatory.
Never before we've seen the falling elites clinging to power and money.
But from the looks of things now – that's the kind of events that are about to happen.
We don't know the level of their madness and we don't know what lengths they are willing to go to.
The possibilities are endless.
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