Ted Audio Collective

Hello there, this is Chris Anderson, welcome to another episode of the Ted Interview

where we're trying to make sense of this crazy moment we're all in.

Today our attention is shifting from the coronavirus itself to the economic fallout from it.

As everyone knows there have been massive job losses, massive impacts on businesses of every kind.

And the huge question is how bad is it going to get?

Where will this lead? Is there any prospect of any kind of return to normalcy anytime soon?

Our guest today is Ray Dalio, he's the head of the world's largest hedge fund, Bridgewater Associates.

So Ray has been right in the middle of the stock market frenzy here, seeing valuations swing by many billions of dollars every day.

And trying to make sense of it.

And what's remarkable about him is that as well as being an incredible trader and running an incredible trading operation,

he really thinks strategically about the world and has been thinking about this current moment in the context of a thousand years of history.

Ray appeared in a slot right after the entrepreneur Marco Rissever, who is one of the forces behind the global hack.com,

which is an ingenious global response to the coronavirus.

And you may hear Ray mention Marco a couple of times.

Okay, so Corey is actually the main interviewer here.

I pop back in from time to time with questions from the online audience and some of my own.

And I think you'll find some of this pretty shocking honestly, but it's certainly fascinating and it's such an important conversation to be having in this moment.

As always, so that we could publish this episode quickly, it has not been edited.

You're hearing it as it was.

So without further ado, Corey Hageem and Ray Dalio.

So lay it on us, Ray.

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