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#620 - Ray Dalio - How To Prepare For The Changing World Order
Modern Wisdom
Observing Historical Patterns: Debt, Wealth Gaps, Populism, and Great Power Conflicts
Enormous amounts of debt and printing of money to pay for those debts have economic effects on inflation and growth/nInternal conflicts over wealth and values gaps, as well as the rise of populism, are the largest since the 1930 to 45 period/nThe rise of China as a great power is leading to international conflicts with other great powers
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