The attractiveness of a given nation to talented people around the world is powerful. The united states is the only country in the world that really can be home for the best in the world. We have property rights, capital markets and we're creating billionaires. And i don't honestly know exactly how this is going to turn out, or anything along those lines. My general view is big on diversification. So if you were to bet on technology, i think you'd be making a serious mistake. There's no brainer that will win out with quantum computing. It has a risk, and we're experiencing that.
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.
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