If you’re one that avoids economic news, politics, and global matters you may want to pause and lean into this conversation as an objective view of reality with historical context.These are scary uncertain times we’re living through with an entire banking system failing, politics with one agenda to divide the country, and the battle for global power.With the economic crisis unfolding before us, you have a decision to make on how you respond in this moment. No one can tell you what is best for you, but as Ray Dalio puts it, he wants you to at least understand the mechanics of what is happening so you can do your own analysis of what’s best for you.Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater, a billionaire investor, and bestselling author, joins Tom for a sobering conversation about the obvious problems with banking causing its collapse and the moment in time we’re facing with global conflicts on the rise.The emphasis is on understanding the mechanics and knowing what to look for and how you’ll respond. Ray shares valuable insights on the way banking works, why the collapse of SVB was obvious, the 6 cycle trend that sees the rise and fall of empires, and 3 tiers of security you can put in place for yourself.Check out Ray’s video mentioned in this episode, Principles for Dealing with the Changing World Order: https://youtu.be/xguam0TKMw8[Original air date: 4-17-23].Follow Ray Dalio:Website: https://www.principles.com/Twitter: https://twitter.com/RayDalioInstagram: https://www.instagram.com/raydalio/YouTube: https://www.youtube.com/channel/UCqvaXJ1K3HheTPNjH-KpwXQSPONSORS:Explore the Range Rover Sport at https://landroverusa.comUse this link and Hartford Gold will give you up to $15,000 dollars of FREE silver on your first qualifying: order.offers.americanhartfordgold.com/content-affiliate/?&leadsource=affiliate&utm_sfcampaign=701Rb000009EnmrIACFor comprehensive financial news and analysis, visit the incredible brand that so many great investors use, https://yahoofinance.com. Visit https://BetterHelp.com/ImpactTheory today to get 10% off your first month.Go to https://shopify.com/impact now to grow your business–no matter what stage you’re inGet $1,000 off Vanta when you go to https://vanta.com/THEORYGet 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://drinkag1.com/impact.Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/IMPACT to start your free two-week trial.Take control of your gut health by going to https://tryviome.com/impact and use code IMPACT to get 20% off your first 3 months and free shipping.FOLLOW TOM:Instagram: https://www.instagram.com/tombilyeu/Tik Tok: https://www.tiktok.com/@tombilyeu?lang=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuWhat's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you.LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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“What did the council decide on item 42?” — answered with the speaker and the moment.