Today we take on Ray Dalio's vision of the future as outlined in his book "Principles for Dealing with the Changing World Order". Rob provides a nuanced analysis of the book's claims and offers an alternative perspective.
Dalio was an extremely successful investor, but he doesn't know much about history or world politics. We explore the many flaws and biases in Dalio's worldview, and question the practicality and effectiveness of his (few) proposed solutions. We also discuss how Dalio's political outlook has been influenced by 40 years of traveling among some of history's most failed elites.
Listeners can expect to gain a deeper understanding of the political and ideological debates surrounding the changing world order, and how different perspectives can lead to divergent policy recommendations. We don't just offer thought-provoking analysis of Dalio's book, we dive in on US-China relations, elite failure more generally, the Dutch empire and so much more.