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#620 - Ray Dalio - How To Prepare For The Changing World Order
Modern Wisdom
The Different Types of Leaders at Different States
In times of warfare, more dominant leaders were the ones that were preferred. "You want someone that's going to stand firm and is going to not take any shit," he says. When times of peace, that person becomes a bit tyrannical 'because there's no one else to fight' In the 1930s, you saw four democracies become dictatorships.
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