This conversation features Ray Dalio, founder of Bridgewater Associates, discussing economic cycles, the rise of AI, and shifting geopolitical power. Dalio explains that we are currently in the late stages of a roughly 80-year “big cycle,” characterized by high debt, internal conflict, and the decline of established superpowers like the United States and the United Kingdom (38:54 - 39:54, 1:14:10 - 1:14:38).
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