EPISODE · Aug 24, 2022 · 1H 21M
The Changing New World Order by: Ray Dalio (one of the most important books ever written), review by Aure's Notes www.medium.com
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
The author, Ray Daio is the founder and CEO of Bridgewater Associates, the biggest hedge fund in the world. Reviewed by Aure"s Notes, April 20,2022. It's not a book it's a study. It is a study that narrates the rise and fall of empires, countries, and civilizations, and how it changed the world order. As we are approaching times when a great power declines and another one is rising it's important to be prepared. Here's what you absolutely need to know from the book. History is cyclical. The big cycle is driven by economics. Civilizations last up to 300 years. (Dalio estimates that the US is 70% into its Big Cycle. They ascent in their first half, until the moment when they peak, as things get worse, they decline and eventually disappear when they lose a war, against the new ascending empire. Long periods of peace and prosperity lead to short periods of war, poverty, and chaos. (Dalio is clear that social economic inequalities is the leading indicator to predict the collapse of a country or empire). The leading Empire does not disappear without a fight. Thus, the American world Order is ending and the Chinese World order is beginning. The US ticks off all of the cases of a fast-declining power, namely: high debt, lots of money printing, internal conflicts, huge political and value gaps, populism, debt contracted to maintain lifestyle instead of investing, overextended army, weakening character, huge social-economic inequalities, bad research and educational infrastructures. The only thing the US has going is innovation and technology. It's the leading power but China is catching up. As for China, the indicators are rather positive: Dynamic economy, low debt, inventive, educated and resourceful population, strengthening of the military, low social-economic inequalities, productivity, competitiveness, good reserch and education infrastructures. Ray Dalio estimates the chances of such a war at 30%. If there ever were a war it would likely be over Taiwan. For a complete support for Mr. Dalio's study, do as I have done ... buy his book. Then buy Jerry Rhoads' books on The Third-Party Swing Vote American Enterprise Party ... Volume one, why we must have an effective third party, Volume two, how do you reorganize America into enterprise, not institutions, and Volume three, who will do it ... answer, 200 million enterprising workers (human capital) sharing in the "wealth of the nation", as envisioned by Adam Smith, in his landmark book of the same title, "Wealth of Nations". Read it, as well, if you need clarification of what is being proposed for America. How does Mr. Daio's prediction support, having a swing third party swing vote, that has a platform for a war on debt, not China. By downsizing government and upsizing enterprise. Using the formula of monetary capital working with human capital in all facets of our economy, as it has in years past. The difference is the swing voter third party will keep the current uni-party campaigns honest and pull the extremes towards the middle, with the vote of 200 million enterprising American voters. Using the motto "Keep America Great" by changing the cycle of peaked debt financing and printing of currency by Fed and US Treasury, to equity funding by all Americans based on personal net worth, according to GAAP, to pay down the insurmountable debt and curtail deficit spending on progressive ideologies. In ten years America will have stopped the decline in economic prosperity to win the Trade war, not only with China, but those competitors who are living off of the imbalance of trade, with the US and as a result also buying up our debt to use against us in establishing the New World Order and who shall be the new reserve currency. The rest is up to you enterprising American voters. for further details see www.americanenterprisepoliticalparty.org. www.jerryrhoadsauthor.com
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The Changing New World Order by: Ray Dalio (one of the most important books ever written), review by Aure's Notes www.medium.com
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