Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
You have a war, and after a war, you have winners, and the winners determine the rules of the game.
And then there's this evolution of others becoming more competitive, and then you have a conflict again for who's in control.
So we have that dynamic taking place.
So those three influences, the financial,
the internal conflict, external conflict influences, or having a dominant influence.
I learned before that when I was surprised, often it was because of things that hadn't happened in my lifetime before, but happened in history because of that reason.
I went back and studied history.
last 500 years on these cycles.
There are big cycles that last about 75 years, give or take about 50 years of rises and declines.
And I put that out because I think it's so important people understand that I put it out in a book called The Changing World Order and in a free video called The Changing World Order.
So when we look at each one of those, they're important.
I also learned in studying history
that there were two other influences that were very big and you could see them.
The first was acts of nature, such as droughts, floods and pandemics.
The changes over time in
the evolution over time of people's learning and the technologies they make so i'd say there are the really five big influences that drive everything and they are the money and debt economic influence the internal conflict the external conflict the
the nature influence, and the, let's call it the technology influence.
So as we go now into this, it's important.
Again, I put it out as a free video on YouTube so that people could see it easily.
And when we get into whatever we're going to talk about, it'll be certainly in the context of those things.