There must be some inflection point where we say, like, money just simply doesn't have utility. That's exactly right. Andd we're, we past that point. If i was president of the united states, first thing i would do is i'd have a bi partisan cabinet to try to bring country together. I think sometimes they argue about all the particulars, but you need to reach an agreement that is going to have enough understanding of the engineering of an economy so that both productivity and with it, the pie can grow and be well distributed.
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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