
The World Has Gone Mad and the System Is Broken
Explicit content warning
01/20/20 • 53 min
1 Listener
Ray Dalio recently published an essay called “The World Has Gone Mad and the System is Broken”. When looking at the current state of the global economy he said:
“This set of circumstances is unsustainable and certainly can no longer be pushed as it has been pushed since 2008. That is why I believe the world is approaching a big paradigm shift.”
Besides being a huge fan of Ray’s, we think his essay does a great job of explaining the major forces at play in the global economy and we found it fascinating so I wanted to discuss and share with everyone.
Here are the four reasons Ray believes “The World has Gone Mad and the System is Broken”
Show Notes
The World has Gone Mad and the System is Broken
Learn more about your ad choices. Visit megaphone.fm/adchoices
Ray Dalio recently published an essay called “The World Has Gone Mad and the System is Broken”. When looking at the current state of the global economy he said:
“This set of circumstances is unsustainable and certainly can no longer be pushed as it has been pushed since 2008. That is why I believe the world is approaching a big paradigm shift.”
Besides being a huge fan of Ray’s, we think his essay does a great job of explaining the major forces at play in the global economy and we found it fascinating so I wanted to discuss and share with everyone.
Here are the four reasons Ray believes “The World has Gone Mad and the System is Broken”
Show Notes
The World has Gone Mad and the System is Broken
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode

Why Rich People are Cheap
Accordingly to the Fidelity Millionaire Outlook Survey, 86% of millionaires are self-made. Even more remarkable, 78% of them started out as middle class or poor. Only 22% grew up in the upper class. That means that the vast majority of millionaires built their wealth the old fashioned way: hard work, consistent saving and investing in the long-term.
We’ll explain why rich people are cheap and how you can adopt their simple habits to become a millionaire yourself.
Show Notes
Warren Buffett Documentary HBO
MrBeast Spending 1,000,000 in 24 Hours
Learn more about your ad choices. Visit megaphone.fm/adchoices
Next Episode

5 Questions: Inverse ETF’s, Saving For a House and REIT Investing
Today is 5 questions episode and we will be talking about REIT investing, inverse ETF’s, Gold, saving for a house and IRA’s.
Learn more about your ad choices. Visit megaphone.fm/adchoices
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/listen-money-matters-free-your-inner-financial-badass-all-the-stuff-yo-37601/the-world-has-gone-mad-and-the-system-is-broken-1542296"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to the world has gone mad and the system is broken on goodpods" style="width: 225px" /> </a>
Copy