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.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And so what happens is if there's not enough income to pay back the debt,
Then you have debt rising relative to income.
It squeezes out spending.
People don't want to hold the debt assets and so on.
The UK has gone through that and has gone through that, and it's connected to the second force.
And we're all going through this in varying degrees.
The second force is the internal political and social crisis.
In other words, like between the left and the right with wealth gaps and opportunities gaps.
We have big wealth and opportunities gaps.
So when you have big wealth and opportunities gaps, there's conflict.
Okay, conflict between the left and the right.
And when you get to the situation where you don't believe the system is working for you and you don't trust the system, then there are wars.
There are internal conflicts over that and so on.
The third force is the geopolitical force.
In other words, there's a cycle that usually goes from one big war to another big war.
So the last war ended in 1945, 44, and we began a new order in 1945.
And the way that works is that the winners of the war determine how the world order works.
They draw borders.
They say, here's how it's going to work.
And that's the new order.
Showing 941–960 of 1,879 · page 48 of 94
← Previous
Next →