Tom Bilyeu

And so when I watch the markets, I see a market reacting as if these are temporary things and everything's just going to go back to normal.

And it's like that world is dead.

And so that feeling is very unnerving.

I do not like the way that truth makes me feel.

But when I read Ray Dalio's analysis, at least it gives you a map forward of how these things tend to play out.

Now, the only thing I can tell you is anytime we believe we have mapped things accurately, people start reacting to that feeling that we have it mapped out accurately and it makes the map inaccurate.

It's a hilarious truth of markets that people talk a lot about.

Let's say markets follow the path of maximum pain.

That I think is true because you think, oh, I've seen this before.

So the market then has a whole bunch of people that think they've seen it before.

So they react in a new way and the market goes a new direction and everybody is punished.

I have a feeling that when the world order changes, it just is going to be painful.

And so I don't think there's going to be a way around the pain, even though now it's like, well, we can see it coming.

And so that's the part where it gets distressing.

And if you want, I can walk people through like Ray's stance.

Yeah, let's jump into Ray's actual analysis.

Okay.

So Ray Dalio has spent 50 years as a global macro investor studying every major financial and geopolitical crisis of the last 500 years.

Let's all put that

right there on the mantle, okay?