The last time that happened was a 19 forty five, at the end of world war too. And you could, you know, you can go back in history, and you always see this. So it's almost now down to your splitting hair sif you said let's say, on the technology war. But their gaining of strength has been faster. I've been going to china since 19 84. Per capita income has increased by 26 times. They've increased the life expectancy by ten years. And they lowerd the poverty rate, as measured by measured by hunger, of from 88 % to less than one%. It's a powerful force that has been successful.
History, in the eyes of legendary investor Ray Dalio, is a perpetual motion machine. Nations rise and fall according to an inevitable cycle where peace and prosperity are always followed by depression and war. And in his new book, “Principles for Dealing with the Changing World Order,” Ray says the United States is now in the downward part of that cycle.
Next Big Idea Club: Get 20% off an express membership when you use the code PODCAST20 at www.nextbigideaclub.com