Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
Sounds a little bit like wishing for the tooth fairy.
when you say um have a leader that way you're not dealing with the mechanistic determinants to say how do you get a society that is splitting apart and operating in the way that i describe to have a leader that leads and people follow properly okay you're skipping over that you can't skip over that
do you see a path though other than because the natural way that this plays out the only path i can see is the one that i'm referring to if you worry about the alternative okay okay if you worry look at that what is it you must not have it if the more people worry about that
then the more likelihood you won't have that.
In other words, if you want to tilt the odds in all the different ways, I don't know, take out the ads, have conversations like this, do whatever it is and say, I worry of what's going to happen.
So we must not have that.
And we really must have this other alternative.
I really want to buy into that other alternative.
And you have somebody arguing for that other alternative.
Like, will you follow?
Hold tight.
Let me just tell you the story very quickly of Mario Draghi in Italy.
Mario Draghi used to be the head of the European Central Bank, which was like being head of the Federal Reserve for a number of years.
And he and I got to know each other in that.
He completed that.
And he's highly, highly respected.
He's Italian.
And Italian has, Italy has crazy anarchy, like they've had an average of one prime minister a year, and so chaotic and so bad that all the political parties got together and said,
we will be united under Mario Draghi.
We will let him lead.