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 over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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I think the United Kingdom, as it goes through these difficulties, is, as a whole, a more difficult place.

And then there are pockets of it that, when they're operating, are in their pockets.

Very stimulative having those elements.

Just like in the United States, there are places and pockets that have those.

However, they're within a system and a place that is not healthy.

If you took all of the money of people in the top,

In other words, taxed at 100%, you're not going to come up with enough money because it's such a small percentage of the population.

But in addition, yes, the people will leave.

Then you change the laws so that you make them retroactive.

In other words, you say the law means you're going to be taxed as of a past date so that if you leave, we're going to get your money.

Or then you put in capital controls.

All of this has happened before.

Wealth taxes would be new.

Wealth taxes are administratively difficult because how do you value all this wealth that is not easily valued and such things?

But yes, what you've just said is well-recognized.

Yes, it's like health.

What I mean is it varies.

On average, let's say, what is the life expectancy of a person?

But life expectancies or how long people live vary.

I wouldn't emphasize too much the amount of time exactly as much as I would look at your condition.

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