As individuals and collectively, there's actions that we can take based upon the critical rem ers and learnings in your book about the inevitability of these big cycles. Diversify well, and make sure that you have enough money im including for whatever that worths case scenario is. And i would say number four is, stay out of cash. Cash is trash. There's too much debt. Well, i'm betting on am time in video games, building new digital things of value, being a a positive. I have to bet on this. Ray given how many hours my kid spend in video game, i hope theyre learning to be future builders in there. Will fot
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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