Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
It's like wishing for the tooth fairy or something.
I mean, it's like I'm not going to the root cause of why you don't have that leader.
Okay?
If you look at history...
This is one of the great challenges of a democracy.
And when it gets into everybody fighting for their own cause with populism, they, you know, and so, you know, Mussolini comes to power to make the trains run on time because it's badly managed and so on.
So somebody says, give me the dictator.
Give me the dictator, and then I will, and I want that dictator.
So that's what we're, okay, so how do you get that leader?
Okay, it increasingly, I'm just dealing with the mechanics.
So how do you get the leader?
And what do you do with the opposition?
Okay, it's almost like,
well, you have this fighting of the various types, and do you accept losing?
And then does the opposition remain and undermine everything you're trying to do?
So it's almost like it gets to mob rule.
That's why the dictators come to power.
Okay, so that's just history and that's all understandable, if not desirable, it's still understandable that that's the mechanics.
So to wish and say,
Okay, we need a strong leader who will get control and make everything go all right.