Ray Dalio

I think that's over.

That's largely over.

I don't think we're not likely to go back to those types of things.

So I don't think, I think we have to instead worry about not having such a bad fight with each other that that's, or a financial crisis, that we make things worse than they are.

But it's, I'm...

You're asking me as a man who actually has to bet on this and has to be as accurate as I can.

I mean, like, hope is not a strategy.

So when you ask me, I say I really hope that that's not the case.

But if you look at history and you look at the dynamics, there's more the movement toward these things being resolved in the form of conflicts that we've seen in the past.

That's right. Every painful experience is a learning lesson. Yes.

That's right. Every painful experience is a learning lesson. Yes.

That's right. Every painful experience is a learning lesson. Yes.

There's an amount of money that is good. What's that amount? Look, why money? Why money has to do with, is money something that brings your family security? It's freedom, freedom of choice. It's power to do the things you want to. You can have a dream and you can build it out. Money brings you all of that. It can bring you health. It can bring you many, many wonderful things, okay?

There's an amount of money that is good. What's that amount? Look, why money? Why money has to do with, is money something that brings your family security? It's freedom, freedom of choice. It's power to do the things you want to. You can have a dream and you can build it out. Money brings you all of that. It can bring you health. It can bring you many, many wonderful things, okay?

There's an amount of money that is good. What's that amount? Look, why money? Why money has to do with, is money something that brings your family security? It's freedom, freedom of choice. It's power to do the things you want to. You can have a dream and you can build it out. Money brings you all of that. It can bring you health. It can bring you many, many wonderful things, okay?

As it starts to be status or showing things off, insecurity, feeding it, that's not healthy. I believe that's not healthy. And I think people can get hung up on that. In my view, I think people really have to make sure it's not a reflection of an unhealthy state of mind or an unhealthy pursuit as much as it is the security, the freedom, and then the ability to savor things.

As it starts to be status or showing things off, insecurity, feeding it, that's not healthy. I believe that's not healthy. And I think people can get hung up on that. In my view, I think people really have to make sure it's not a reflection of an unhealthy state of mind or an unhealthy pursuit as much as it is the security, the freedom, and then the ability to savor things.

As it starts to be status or showing things off, insecurity, feeding it, that's not healthy. I believe that's not healthy. And I think people can get hung up on that. In my view, I think people really have to make sure it's not a reflection of an unhealthy state of mind or an unhealthy pursuit as much as it is the security, the freedom, and then the ability to savor things.

That's my own view about money. I'm into philanthropy. It gives me the power to be able to help and do things. These are wonderful things. So I'm not knocking money. It's a great, great, great thing. OK, but really, what is most fundamental? If you look at surveys done across countries of well-being, happiness. The happiest societies are not the rich societies.

That's my own view about money. I'm into philanthropy. It gives me the power to be able to help and do things. These are wonderful things. So I'm not knocking money. It's a great, great, great thing. OK, but really, what is most fundamental? If you look at surveys done across countries of well-being, happiness. The happiest societies are not the rich societies.