The World Has Gone Mad and the System Is Broken

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Listen Money Matters

Careers, Business, Investing, Education

4.4 • 2.3K Ratings

🗓️ 20 January 2020

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ray Dalio recently published an essay called “The World Has Gone Mad and the System is Broken”. When looking at the current state of the global economy he said: “This set of circumstances is unsustainable and certainly can no longer be pushed as it has been pushed since 2008. That is why I believe the world is approaching a big paradigm shift.” Besides being a huge fan of Ray’s, we think his essay does a great job of explaining the major forces at play in the global economy and we found it fascinating so I wanted to discuss and share with everyone. Here are the four reasons Ray believes “The World has Gone Mad and the System is Broken” Show Notes The World has Gone Mad and the System is Broken The Golden Butterfly Betterment Everyday Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey guys, I wanted to share something new I've been working on.
0:05.7	It's called Seeking Profit and it's a podcast where we talk about the second phase of my
0:10.2	personal finance journey building online businesses.
0:13.9	These businesses earn money while I sleep and have detached my time from my income.
0:19.2	Since 2013, I've generated millions in revenue with these websites.
0:24.2	I felt it was long overdue to create a show in Listen Money Matter Spirit that taught the
0:29.6	ins and outs of online business building.
0:31.6	This is my biggest passion and if you're interested in coming along for the ride, just head
0:36.2	over to SeekingProfitShow.com or search for Seeking Profit on YouTube or your favorite
0:42.3	podcast app.
0:43.3	We're Seeking Profit!
0:50.2	Hey everybody, welcome to Listen Money Matters.
0:52.4	You can pay now and play later or you can play now and pay later.
0:57.6	Either way, you gotta pay.
0:59.9	My name is Matt and I'm here as always with Andrew.
1:01.9	Andrew, how are you and what are you drinking?
1:04.3	Dude, good.
1:05.3	Good.
1:06.3	And I'm just drinking a beer that you brought.
1:09.0	It's the trendler, Alt.
1:11.3	Ah, the Alt beer from Tiredhands.
1:13.5	Hmm, nice.
	...

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