What’s driving the debt crisis? with Ray Dalio

Ray Dalio is the founder and co-chief investment officer of Bridgewater, the largest hedge fund in the world. He’s one of the 100 richest people on Earth. He’s also a best-selling author. In today’s episode, Zachary Crockett chats with Dalio about his latest book, “The Changing World Order,” which uses a historical lens to examine why empires rise and fall — and why the US may be showing some signs of decline. We cover a range of topics about the economy and Dalio’s life, including: The 3 biggest issues America is facing right now What’s driving the debt crisis The growing wealth gap (and what we should do about it) Thoughts on inflation and an impending recession What to invest in during times of volatility Whether or not crypto can become a reserve currency Dalio’s worst failures as an investor Common traits of successful people The role luck plays in reaching the top How Dalio helped McDonald’s launch chicken nuggets Thank You For Listening to The Hustle Daily Show. Don’t forget to hit Subscribe or Follow us on Apple Podcasts so that you never miss an episode! If you want this news delivered to your inbox, join millions of others and sign up for The Hustle Daily newsletter, here: https://thehustle.co/?utm_source=hustle-daily-podcast&utm_medium=referral&utm_campaign=show-notes Plus! Your engagement matters to us. If you are a fan of the show, be sure to leave us a 5-Star Review on Apple Podcasts https://podcasts.apple.com/us/podcast/the-hustle-daily-show/id1606449047 (and share your favorite episodes with your friends, clients, and colleagues). The Hustle Daily Show is brought to you by The Hustle in partnership with HubSpot Podcasts.