Ray Dalio

speaker
1,879 appearances 2 recordings 1 series first heard Sep 2025 last heard 30 Jul

Ray Dalio’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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And you know what that is?
That is educating people to be productive and civil.
We don't talk enough about civility, you know, how you work together to be able to achieve a productive result.
And the way these cycles go, it's more likely that they're going to have a big fight and we're going to have
you know, a debt problem and those kinds of things, then how we're going to come together and work out how to achieve this environment, which takes care of wonderful education and productivity of people and all of that to make the society work better for most people.
And that's the way it looks.
And that's what's happened.
Yeah.
That doesn't have to.
There are some societies, like in Singapore, some of the Scandinavian countries, some societies, there is a floor that everybody can have good education, adequate housing, and adequate health care, the foundations, okay?
Because if you go below those levels...
And the society will pay terribly for it because those people will become liabilities, not assets of the society.
They'll be disruptive.
It's a very difficult idea in the following ways.
I'm just talking about the mechanics.
They have to sell the wealth.
And that contributes to get the money to pay the taxes.
That's one of those things that can cause the bubble to burst as we're talking about.
And then operationally, it's very difficult, unlike if they did it as stepped-up tax bases.
In other words, right now, when you die, your capital gains gets put aside, and you don't have to pay capital gains taxes.
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