Ray Dalio: Money, Power, and the Collapse of Empires | Lex Fridman Podcast #251

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Ray Dalio is an investor, author, and founder of Bridgewater Associates. Please support this podcast by checking out our sponsors:
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OUTLINE:
0:00 - Introduction
0:42 - Money or power
4:18 - Big Cycle
24:11 - Collapse of the American Empire
32:38 - War
35:45 - Xi Jinping
41:49 - Importance of freedoms
47:52 - Democracy's vulnerability
51:17 - Communism's vulnerability
58:18 - Vladimir Putin
1:02:23 - Understanding China
1:09:51 - Henry Kissinger
1:13:24 - Bitcoin
1:20:12 - Elon Musk and Dogecoin
1:22:09 - How to take notes
1:25:52 - Advice for young people
1:29:58 - Hope for humanity

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