Now on forward what lies ahead for the US economy and what you and yours should be thinking about doing?

Zach and I talk about shootings. Is this time different?

And we make summer content recommendations including Zach's experience as a first time author this week on forward.

And we are back to talk about the changing world order. My conversation with perhaps the world's greatest investor, certainly on the top five or ten list, Ray Dalio.

What the heck this book actually means? Wow. Did I find interviewing Ray Dalio to be edifying and fascinating?

And for those of you who missed it you can check that out or you can check out the YouTube video that summarizes his new book, Principles for Dealing with the Changing World Order.

Or if you're like me and you want to inhale a foreign 30 page book you can buy Ray's book. But I came away from this interview with like my world view having changed.

All right we were talking about this before we started recording is that if you're a billionaire and like a very successful well known billionaire right.

There's no real point in writing a book from a money or status for a seed situation. So the only reason he's writing it is because he's got something to say.

And I feel like if you get a guy like that pretty wise. You probably listen you know and given what I've taken away from the book in the podcast.

Yeah listen up y'all. Well it's crazy. You felt like a real life oracle because check it out. Bounds the world's biggest hedge fund.

Yeah. Then now has over 200 billion under management. I mean that's literally like nation state scale stuff.

Personally worth 20 plus billion dollars and it did all this without frankly any notoriety. You know it's like he does not need the spotlight to your point.

Yeah. And he talks several times in his book about how it's like hey some people are going to like this but you know I think it's a point of share.

Because he knows frankly how polarizing everything is and the rest of it. But his points. His big points were that there are three mega cycles.

That the US is going through and unfortunately all three of them bowed ill for our relatively near future.

And he talks about this as a world cross investor who's like look sometimes the time horizon is longer than your lifetime.

But the things can happen in your lifetime so you have to understand them. And he talks about how early in his career the US dollar got devalued when they left the gold standard.

And he was like okay that's new so that was in the early 70s. And he's very very concerned that we're doing it again.

That we're going through a massive devaluation. What's interesting is listening to him talk I heard many many crypto enthusiasts talking as well.

Because there are a lot of folks who are in the crypto who are like hey they're debasing the dollar they're debasing the dollar.

And one of the things that Ray talks about is that since 1700 75% of the currencies that were in effect over that time have ceased to exist.

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