Ray Dalio

Normally, they're resolved through conflict because you get to the point where both sides can't reach agreements. Both sides don't even want to talk. Both sides don't want to respect the rule of the law. So when we're dealing with things like sanctuary city issues and we're dealing with enforceability, who has the enforceability? Okay. And you almost have to play out. Okay.

Enforceability means police forces and such things. Right. People with guns. Yeah. People... People with guns and causes that just because the legal thing says they shouldn't do that, that's not going to stand in the way. We have that kind of a situation. So we are probably past the point of being able to resolve that by compromise and empathy and all of that. So normally it goes that way.

Enforceability means police forces and such things. Right. People with guns. Yeah. People... People with guns and causes that just because the legal thing says they shouldn't do that, that's not going to stand in the way. We have that kind of a situation. So we are probably past the point of being able to resolve that by compromise and empathy and all of that. So normally it goes that way.

Enforceability means police forces and such things. Right. People with guns. Yeah. People... People with guns and causes that just because the legal thing says they shouldn't do that, that's not going to stand in the way. We have that kind of a situation. So we are probably past the point of being able to resolve that by compromise and empathy and all of that. So normally it goes that way.

I mean, the only thing that can be done is to have the fear of that. create a necessity for having Another path, you know, like we were talking about the debt situation. Yes. So can can there be a fiscal commission that gets together and then achieves those things or not? I think it's unlikely. I think we're going to more fragmentation states. There are some states and other states.

I mean, the only thing that can be done is to have the fear of that. create a necessity for having Another path, you know, like we were talking about the debt situation. Yes. So can can there be a fiscal commission that gets together and then achieves those things or not? I think it's unlikely. I think we're going to more fragmentation states. There are some states and other states.

I mean, the only thing that can be done is to have the fear of that. create a necessity for having Another path, you know, like we were talking about the debt situation. Yes. So can can there be a fiscal commission that gets together and then achieves those things or not? I think it's unlikely. I think we're going to more fragmentation states. There are some states and other states.

I think you're going to see more fragmentation. And so but. You know, it's like this dynamic through history. This isn't the first time this happened. This happens repeatedly through history. And usually, you know, it runs its course.

I think you're going to see more fragmentation. And so but. You know, it's like this dynamic through history. This isn't the first time this happened. This happens repeatedly through history. And usually, you know, it runs its course.

I think you're going to see more fragmentation. And so but. You know, it's like this dynamic through history. This isn't the first time this happened. This happens repeatedly through history. And usually, you know, it runs its course.

Well, there's a cycle, you know. The cycle was... let's say, I don't know, Ronald Reagan and Tip O'Neill, and they get together and they were operating in a certain way. And the manifestations of the circumstances, you know, the manifestations of debt or wealth gap or values gaps were not as great. So you didn't, over that 30-year period, have as much polarity in many different ways.

Well, there's a cycle, you know. The cycle was... let's say, I don't know, Ronald Reagan and Tip O'Neill, and they get together and they were operating in a certain way. And the manifestations of the circumstances, you know, the manifestations of debt or wealth gap or values gaps were not as great. So you didn't, over that 30-year period, have as much polarity in many different ways.

Well, there's a cycle, you know. The cycle was... let's say, I don't know, Ronald Reagan and Tip O'Neill, and they get together and they were operating in a certain way. And the manifestations of the circumstances, you know, the manifestations of debt or wealth gap or values gaps were not as great. So you didn't, over that 30-year period, have as much polarity in many different ways.

So now you've gone to greater polarity. If you watch statistics, everything I do comes from measuring things. So I look at statistics. The gap in measuring conservative or liberal votes in the House and the Senate is the greatest gap since 1900. And the voting across party lines...

So now you've gone to greater polarity. If you watch statistics, everything I do comes from measuring things. So I look at statistics. The gap in measuring conservative or liberal votes in the House and the Senate is the greatest gap since 1900. And the voting across party lines...

So now you've gone to greater polarity. If you watch statistics, everything I do comes from measuring things. So I look at statistics. The gap in measuring conservative or liberal votes in the House and the Senate is the greatest gap since 1900. And the voting across party lines...

is the least since 1900 so you see this gap you see it you see it in the elections right the green so uh the blue and red so we're not it's it's not just an evolutionary it's where we are where we have gotten to that is the irreconcilable questions does the supreme court You know, we thought about the Supreme Court differently not long ago, right? The Supreme Court was the Supreme Court.

is the least since 1900 so you see this gap you see it you see it in the elections right the green so uh the blue and red so we're not it's it's not just an evolutionary it's where we are where we have gotten to that is the irreconcilable questions does the supreme court You know, we thought about the Supreme Court differently not long ago, right? The Supreme Court was the Supreme Court.

is the least since 1900 so you see this gap you see it you see it in the elections right the green so uh the blue and red so we're not it's it's not just an evolutionary it's where we are where we have gotten to that is the irreconcilable questions does the supreme court You know, we thought about the Supreme Court differently not long ago, right? The Supreme Court was the Supreme Court.

And so now it's different.