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20min chapter
#620 - Ray Dalio - How To Prepare For The Changing World Order
Modern Wisdom
Navigating Economic and Emotional Turbulence
This chapter examines the intricate dynamics between the USA and China amidst a potential demographic crisis in China, advocating for collaboration over conflict. It highlights financial strategies for recession management, emphasizing diversification in investments while addressing the psychological challenges of volatile assets. The discussion also redefines success and happiness, promoting meaningful relationships and experiences over material wealth.
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