4min chapter

The Jordan Harbinger Show cover image

613: Ray Dalio | Why Nations Succeed and Fail

The Jordan Harbinger Show

CHAPTER

The Truth Hurts Sometimes

"If you worry and you understand what's likely, then you're likely to deal with it better than if you're just not worrying about it," he says. "The three things that were really unprecedented in my lifetime were, first, the amount of debt creation and debt monetization,. In other words, the printing of money to buy government debt, is unprecedented. And the third is the rising of a great power, the challenging existing great power, china."

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