Ray Dalio

For those reasons, and they're very tiny, I don't think that you're going to see the development of central bank digital currencies to be of a magnitude that it's going to be that big of a deal.

I think that doesn't mean it won't grow, but I don't think it's going to be a big deal.

It's the time that it's time to worry.

Well, there's the basics.

Well, earn more than you spend, try to save, diversify your portfolio, including about money.

And those things are of paramount importance.

Think about the country, the opportunities.

Where are the opportunities?

People have migrated from one place to another.

Follow the opportunities.

And most importantly is raise your children well, you know, so that they're well-educated and able to be productive and also civil.

so that they can be effective.

And as I say, there are only three things a country needs to do, and that's the same for the individuals.

You know, raise your kids well so that they're well-educated and can earn an income and operate, go to places that work well so that there's civility and productivity and there's opportunity and stay out of civil wars and international wars.

You do those things well.

I mean, really, almost everything else takes care of itself.

Really.

It's always a pleasure.

Thank you.

It's the...