In raysview, the united states is on the downward slope of the cycle. Ray and i talk about china, and he adds some nuance to his views. We also discuss ray's unlikely path to historical analysts. The lingdon podcast network is presented by vorizon. Visit vorizon dot com for more information.
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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