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Ray Dalio

👤 Speaker
2928 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

And in 1895, it was many foreign powers, and in 1895, Japan takes Taiwan.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

Okay, fast forward.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

You go into World War II, and after World War II, the winners of the war get to divide up the world and said who gets what, and Taiwan was given back to China.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

That's 1945.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

Then they have a civil war.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

As usual, the left and the right, they fight each other.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

And so the capitalists get kicked out by the communists, and they go to Taiwan, and they control Taiwan.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

Okay, so everybody agrees that Taiwan is part of China, but they argue, who controls China?

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

The ones in Taiwan say, oh, we control China, and the ones in Beijing say, we control China, but everybody agrees with that.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

50 years ago.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

So that's a big issue in their mind because it's part of China.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

And it's been told to them that it's part of China.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

Taiwan's part of China.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

But the capitalists, which is called the Kuomintang, they are living in Taiwan and they're not controlling it.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

So Henry Kissinger first gets together, goes to China, and deals with reunification.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

And then Nixon follows.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

And there's this argument.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

And they reiterate that Taiwan is part of China.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

Everybody agrees on that.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 2 (Fan Fave)

and that there should be peaceful unification of China.