Feb 2, 2022
Ray Dalio, billionaire hedge fund manager and author, has written a new book describing his theory of why nations succeed and fail. He has used artificial intelligence and big data to identify the key determinants in the rise and fall of great powers and his theory reveals why the United States is a declining power and China is a rising one. But the real utility of his theory is as a roadmap of how America can avoid, or at least delay, such a fate. In this podcast, the Edifice of Trust host, Victor Bolles, examines Mr. Dalio’s theory and identifies the determinants essential to block America’s decline.