Reaction to Ray Dalio's Principles for Dealing with the Changing World Order Part 2

What this episode covers

This is the second of a three part series on my reaction to Ray Dalio's Principles for Dealing with the Changing World Order. This part mainly deals with the variables that make a country a rising world power, and why he is way too high on the prospects of China. #raydalio #china #investing Chapters: 0:00 Introduction 5:00 Dalio's Experience Trading Currency Devaluations 8:00 Default 13:00 Income Inequality 19:00 The Cycle of Changing World Order Citations: Dalio's Original Video: https://www.youtube.com/watch?v=xguam0TKMw8&t=1122s Share of SWIFT payments by currency: https://www.statista.com/statistics/1189498/share-of-global-payments-by-currency/ China Overtakes US in Patents: https://roboticsandautomationnews.com/2020/08/17/china-overtakes-us-as-worlds-leading-patent-generator/35240/ Global Military Spending Stats: https://www.axios.com/countries-highest-military-spending-us-china-48102c49-7dd7-4215-a24b-1d31947cf373.html Dalio Comparing CCP to a strict parent: https://federalinquirer.com/ray-dalio-defends-investments-in-china-despite-human-rights-abuses-ccp-behaves-like-a-strict-parent/ To follow more of my work find me on: Website: http://davosig.com​​​​ Seeking Alpha: Nicholas Pardini Patreon: https://www.patreon.com/nickaf Twitter: https://twitter.com/AFwithNIck Join Our Mailing List: http://eepurl.com/gK5a2j Email Questions to [email protected] Disclaimer: Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy