Ray Dalio Tells Us 'How Countries Go Broke'
Вставка
- Опубліковано 9 лют 2025
- Bridgewater Associates founder and CIO mentor Ray Dalio takes us through his new book, "How Countries Go Broke," and tells us what the United States has to do to avoid that fate.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ys...
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on UA-cam:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
The bot farm is on high in this thread. I reported them all but they just keep coming!
Google doesn't care. It's like the bot traffic for ads views
How would one know if there is bots unless a bad job.... How would one know if what you hear and what I hear from the same video and I don't mean perceptions I literally mean how would you know that Google is not changing with AI what a person says and making a message personal to each user. How would you know if it's bad or if it's Google which has been caught showing things that were not there before lol
Dalio really did a good job scrubbing his association with the Diddler too.
@@james82184which diddler? 😭
I can't believe I have to ask that...
I'm gonna assume Trump due to his history and connections with PDF files
what they are saying?
It's a race to the bottom. Endless Corporate Tax cuts sound great but you end up in deficit trying to pay for the necessary costs to run a country. Corporate America is responsible for that debt.
The UK is about to collapse unless they let me help them 😎
@@gregallard2317 Trump and Biden were terrible irresponsible
@gregallard2317 do you even know what corporate tax is? Do you people realize that most of you/us work for corporations so corporations provide jobs and if you raise corporate tax they will just cut jobs to make up for the loss or simply start paying less to you? Another side is, that most corporations that are worth less then a few billion dollars operate at a loss and wouldn't pay any corporate tax regardless whether you raise it or not? Also, all businesses payroll taxes and those are unavailable. I can keep going list more what you don't know, but I won't. Go learn economics and tax law and then you can bark in the comments.
@@mattgills1648 You speak foolishly.
@gregallard2317 go to Cuba, Venezuela, North Korea, Russia, or China, where corporations are not the problem. We will never be communists you not so intelligent being.
Aware of the challenge? The first trump administration added something like $9 trillion! During economic good times. And republican majorities helped pile that on
I think it's foolish to just focus on Dem/Rep labels but the record is clear. Reagan (R) doubled the deficit, George HW Bush (R) increased the deficit, Clinton (D) gave us a surplus, Bush (R) gave us a deficit again, Obama (D) reduced the deficit, Trump (R) massively increased the deficit, Biden (D) reduced the deficit.
So every single Republican since Reagan has increased the deficit and every single Democrat since Clinton has reduced the deficit. It's clear which side is more fiscally responsible.
The Oligarchs have wealth at unthinkable levels and are not paying their fair share.
Raising taxes is the only way, especially on the top earners. Social security is also running out of money.
It's called cutting spending.
If you took all the wealth from the top earners it wouldn't fund the federal government budget for a year... Reducing spending is the only way. If the government balanced the tax revenue which increases every year with budget increased. There would be no debt. But politicians can't stop overspending at all and let the tax revenue growth catch up.
Controlling spending and taxing slowly to avoid recession is the best solution.
Popular sentiment and popular up in Canada too, but here the top 10% already pays 60% of the tax revenue. Asking them to pay more is neither fair or practical as you would drive a lot of top performers to consider leaving. Not sure how it is in America but there is a limit to how much you can ask the top earners to pay. And the super rich often don't have conventional incomes worth much, but get much of their money from stocks and such which often are taxed at a reduced rate.
Like most problems the proper solution likely is something in the middle, spend less and raise more revenue. Problem is that is never a popular political message.
@@sip4751 The most with ethics and intelligence agree with you. Unfortunately, that will never happen because of greed and selfishness
Mr Dalio is a legend 🙌 👏
Amazing review, Despite no jobs and people can no longer afford to live, people will be lining up to live off the government. Acquiring $63k monthly is indeed a blessing.
Where did you get that figure from?
It was hard for me to grasp when I was an American school aged kid decades ago. Now, it's just simple since I met Amelia my portfolio manager
Wow I know Amelia Naik. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms. I will forever stay invested!
sounds interesting!
I’m not here to converse for her to testify just for what I’m sure of, she’s trustworthy and best option ever seen.
The UK can't cut interest rates any further until they reallocate their budgets and restructure their wealth creation approach. We DO want interest rates to come down. Normative economics: We can't cut interest rates further, without pain in the market, unless we reallocate spending. Example: UK Child Benefits over to the Early Years and Small Business Tax Incentives.
Verdict:
Fascinating video from a more academic perspective!
Labour.... Wealth creation 😂
@crouchhill They campaigned on wealth creation, so if they can't deliver it, that will be most disappointing.
The US hasn't had its "Liz Truss" moment yet, as long as the Federal Government only grows debt at a rate lower than GDP they should be OK.
Just don't frighten the market.
the debt is already growing faster than the gdp for some time now. that's why he and powell are warning us this isn't sustainable especially when the deficit is at 7% of the gdp. it shows it is only getting worse
They can't have a Truss moment. The $ is king for a reason.
Even if Trump crashes the market, the Republicans will still kiss Trump's ass and he won't step down.
If the US had a Liz Truss moment the Federal Reserve would startup Quantitative Easing again.
More just triffin dilemma. @@John-wf5if
When the rich aren't paying taxes. LOL.
When people in the comment section like you don't understand basic economics LOL. If you confiscated all the rich people's money and assets, you would have enough to pay for the national budget for 1 year. Then what do you do after that?
Democrats mostly.. mediocre rants
@@tyroneanderson5619 Billionaires use tax havens to avoid paying taxes all together. Making them actually pay would make a night and day difference but your last chance was with Bernie Sanders and not the swamp monster.
Borrowing money is normal, growing debt interest is called broke.
Not possible to go broke
@@MathewRougeBut possible to lead to the Great Depression
He seems to suggest going back to the way things they were pre-Covid. Low (near zero?) interest rates with more fiscal discipline. Is that really best?
It makes sense. Will only find out if this is the correct approach by going through with it
Pre covid? He is going back 100 years and is trying to put the shit on all the other countries. Big move, bur will it work? I think so because the world is too chaotic
MONEY 🖨 GO BRRRRRRRRRRRRR
It's like people don't think debt is money.
it gives me heart attack to go to grocery store
I Hit $32,590 today. Thank you for all the knowledge and nuggets you had thrown my way over the last week. i started with 5k in last week 2025... now i just hit $32,590
Same here
waking up every 14th of each
month to 57,000 dollars it’s a blessing to I and my family… I can now retire knowing that I have a steady income❤️Big gratitude to Ms Evelyn Vera
Debt is a favourable position in this case for the USA.
So more taxes on the billionaires then!
That reduces output when billionaires flee the country and the ones left don’t have money to open factories
@@UndertakerFromWWECan’t be many nations where there is lower taxes and where the billionaires would like to settle and get citizenship. If they spend most of their time in the US they are supposed to be residents of the US and could be forced to pay taxes in the US. Really, as long as they are US citizens they could be forced to tax the difference between a lower tax in the nations they reside in and US tax.
This idea is pushed by politicians in many nations, including American politicians. A global minimum (income) tax rate. The USA together with the EU, the UK, Japan, etc. are powerful enough to accomplish such a thing. And without going full out Trump when it comes to understanding how much power the executive branch has, I would argue that could be an executive policy, since it isn’t about not about taxing domestically produced income, but foreign… Just like the difference between sales tax and tariffs.
But Trump & plutocrats are aiming for 0% income tax instead (and a high federal sales tax… beginning with what he can implement himself: sales tax on imports).
Oddly, Bernie Sanders just made a video today about how to stop the billionaires in the US using tax havens to avoid taxes.
Watching Bernie Sanders videos will make you feel sad about what could have been.
@@UndertakerFromWWEyour forget that most of the innovations that made them rich was be inventions made on public funded universities.
The government shutdown doesn't solve real problems. DOGE is still useful. It doesn't cost billions of dollars to just hire someone to count squirrels or deer.If the debt problem is left unchecked and allowed to snowball, it will only lead to more serious consequences in the end.
This is gonna worry retirees in the near future as social security runs out of funds. We are all screwed by the federal government.
They have to recalibrate the relationship between our stuff and how it gets accounted for. Taxation only matters at the margin. Divesting our Debt in a controlled way so we don't have a crash.
If you have this guy uploading this information for free you know it’s bad. It’s so depressingly bad that not only has America cross the point of no return even after crossing that line no one is talking about it and majority of the population could not comprehend the seriousness let alone a democratic system being able to function effectively to tackle this issue.
Fed independence is important.
This guy gets it
'This Guy'!!!
10 year yeild is at 4.6 and DXY is 108. So there is no much currency depreciation. Lets if DXY drops to 100 and 10 year yeild moving to 5 percent
Political corruption silly.
The US national debt right now: 36,400 billion dollars. 💀
@@oceanwave4502 TRILLION
That's just a measure of private equity. It isn't a problem
Compared to $44+TRILLION non-financial corporate debts in China ...
using Liz Truss as a warning without mentioning her name huh
What are these numbers in real $ though?
LEST GOO.
How did the bond investors in Trumps businesses fare? That might give some clue as to what holders of US Treasuries might expect. After all Trump is the self proclaimed king of debt.
Who’s going to pay for all of this? Plus here comes Trumplandia. He spends more than a sailor on a binge.
USAID
You say this right as Democrats are losing their minds that he's cutting all of the spending. Are you weeetodddid?
@@zo9fgdrop in bucket compared to tax cheats
@@zo9fg That accounts for less than 1% of US government spending. It's called foreign aid, and it was made by your most popular president to ever be elected. Jonh F. Kenndy.
@ borrow $60 BILLION YEARLY to USAID, when ur $36 TRILLION DOLLARS in debt, it's actually 0.00001%
Cash is trash...what he said😂
❤❤❤❤❤❤❤❤❤❤❤❤❤. OK
Thanks for the informative video but I would say more emphasis should be placed on day trading as it is less affected by the unpredictable nature of the market. I have made over 6.7 BT C from day trading and started with only 0.9 BT C in six weeks with Lam Berry insights and signals. He has been ahead of the curve on other analysis. He has evolved over the years to become top notch.
I am new to this. How can I contact him?
He is active on Telegram ;(...🚀🚀🚀🚀🚀🚀
@lamBsignal✊💹
@lamBsignal✊💹
@lamBsignal✊🤙✍
That will devalue the US$
Can the central banks just write off the government’s debt?
That would be a temporary solution, but would screw over our country's future. It would cause a big inflation spike and then the US would have a really hard time trying to raise debt in the future because people will not trust them, so they'll need to raise debt at really high interest rates which would make it even harder to pay back debt than it is now.
I like Ray, but he is full of it.. It’s hard to imagine a scenario where there will not be demand for US treasuries
If trump want to remove Powell then so be it
Don’t cry for me Argentina! (joke)
@steve-real am not economist, but to think there is some guy (one guy) who is hindering 300+millions American is hilarious
@@Proud-R What does that have to do with debt? I don’t get it.
trump cannot "remove" powell. his term ends may next year. firing him is against the law and would crash markets
But DOGE is only making Elon richer 😂 clowns lol
Still didnt get it huh!?
Lowering the interest rates might be the only way out of the debt trap. Bur as mr Dalio said, US might face debt ceiling, where long term borrowers lose their appetite for US debt or they will have to diversify their portfolio to reduce risk. A real catastrophe would the loss of reserve currency status.
Ray Dalio? The Jyyyna optimist? The new book should be “Ray Dalio is Wrong.”
Better ,,go Broke´´ then Woke
Ray seems to be saying that we should inflate the debt away by inflating asset prices so that he can get wealthier
Buy assets now to get on board the train
Countries go broke because of the federal reserve 😂
No.. The Overcapacity has never been resolved. Since 2015. Not the US.
They go broke by listening to Ray Dalio
This dummy predicts a market crash every year. Literally every goddamn year since his 20s.
I would say more emphasis should be placed on day trading as it is less susceptible to the unpredictable nature of the market. I have done over 6.7 BT C day trading and started with just 0.9 BT .C in 6 weeks with Alex Smith's insights and signals. He was a step ahead of other analysis. He has evolved over the years to be the best.
You are active on Telegrams;(🚀
AlexSMtrades ⭐⭐⭐✍
Write only on his verified account on T E L LEG RAM
Yes!!! That is exactly his name (Alex Smith) so many people have highly recommended him and I am just getting started with him.
It's worrying considering how good he is...
Money is a language all its own. You might learn it if you're immersed in it 24/7/52. 😝😟
Current debt is $36.4T, at current rate of adding $2T annually, I doubt it will be only $50T by 2035. It probably will reached $50T by 2032. 😅
Isn’t ray dalio a fraud
answer are blackstone, Rothschild......and more
Alll these AI voiced videos…
Didn't ray dalio bet against America? He was very long china...
We sent the DOGE to the IRS.
Trumps plan exactly
buy btc, save yourselves.
One of the most brillian investing advice i have ever gotten on youtube came from watching an interview with JULIANNE IWERSEN NIEMANN and John Bogle . Indeed, A solid investment strategy is like a well-planted tree, it can withstand storms and still grow strong
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get a lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
pls how can I reach this expert, I need someone to help me manage my portfolio
Melissa Terri Swayne is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Found her on google, I wrote her an email and scheduled a call, hopefully she responds, I plan to start the year on a woodnote financially..
He's the same guy who told us to go all in on China LOL. He predicted China would be the next dominant power. Suuuurrreeed
No shit. We're about to hocky stick this debt. The CBO is always underestimated
The American people do not need the US Federal Reserve Bank.
No boomer they do else govt will spend a lot before elections
Isn't that the Financial Repression of Carmen Reinhardt?
maybe his model didn't predict anyone like trump
He wants to reduce Federal spending from 23.4% of the GDP to 3%? That would cause a great depression and lead to untold suffering for millions of American Retirees. It would help China ascend to leader of the world. Ray Dalio is dependent on China as is Bloomberg for much of their wealth.
Good luck china 😂
Makes too much sense, so no… not gonna happen
Ray Dalio is essentially saying to reduce/eliminate the interest payments owed to people that lent the US money. Thats essentially saying bye bye to Japan, China, Canada, UK - which will essentially mean giving these countries US assets or War.
Loan sharking I’m going to guess
DOGE, thank you for your service.
Ah yes the billionaires who hoard all the wealth taking away services like "direct irs file" to force the poorest people to pay to file their taxes. That will certainly fix the debt problem. Imbecile.
When the hell did the bloomberg comment section get so liberal and Democrat? This is a channe for investment and financial news, not communism. I'm seeing a lot of tax the rich comments lmao
Democrats are more likely to read, watch carefully, analyze and think. One challenge of republicans is they are increasingly relying on x for their news
Ray Dalio says to reduce government spending, increase tax revenue and lower interest rates to deleverage US debt.
Translation: make it harder for ordinary American’s to live in an environment where things are taxed more (income, goods, businesses, etc.) while asset prices like houses and stocks take off (lower cost of new debt changes the equation for investors to buy homes and lowers costs for company stock buy backs).
A “Beautiful deleveraging” for those who already own assets…
Is Bitcoin the answer?
Yes, bitcoin cures cancer, solves air pollution problem, and of course solves the debt problem
It could be if it rises in value long term
Dalio doesn’t want middle class to prosper and be financially sound ..he always want govt to have high interest rate so that he can manage billions of money received from pension funds, sovereign funds etc ..and make money from the fees he collects from managing those fund …
I paused this video at the 0:34 timestamp because I just couldn't stomach the obfuscation a second longer. In the first place, our irrelevant federal deficit that Fed Chairman Powell is purporting is our national debt out of one side of his mouth while out of the other side of his mouth he is basically saying that we only have an irrelevant federal deficit which deficit is most probably closer to $100 TRILLION if not $200 TRILLION than it is the alleged $36 TRILLION. This is to acknowledge the impossible situation our Federal Reserve Bank Chairman, Jerome Powell, finds himself to be in. Basically, he is damned if he tells the whole truth, and he is equally damned if he continues to lie about this gigantic farce of a pretend national debt that is in very fact just our irrelevant federal deficit, as far as the amount whereas exactly what we the peoples' electronically generated $s are being spent on is the real issue. GO DOGE!
Please allow me to state plainly what Fed Chairman Powell does not dare publicly acknowledge, at this pivotal point in history, and this really, really is an historic moment which has taken 6,000 years of recorded history in order to arrive at this pivotal juncture in time, and now there is no going back. Now, for the first time in the history of our man species, we, the average individuals, the peasants, so to speak, are going to be enlightened when it comes to how our financial system really works, and how our financial system has always really worked. This is to say that up until rather recently only a handful of individuals, mostly in the banking industry, if not entirely in the banking industry, were the only individuals who were allowed to see and understand the entire financial process.
REALITY CHECK - we now, here in the U. S., electronically generate we the peoples' $s in order to meet federal expenditures, ever since the 'formal' (we've always done this) adoption of QE2 back in 2009..., over FIFTEEN-YEARS ago, without any real negative consequences, and without the need to have even one cent of federal tax revenue $s being involved. The crux of the matter being that even though we the peoples' electronically generated $s spend exactly the same as we the peoples' forty-hour workweek paycheck $s, it is nonetheless impossible to actually borrow or payback, for that matter (which is to also quote Fed Chairman Powell), we the peoples' electronically generated $s... because these $s have in fact been... electronically generated. AND YES..., it is all just that simple, as far as "The Big Picture" is concerned..., 100% guaranteed!
THE QUESTION that everyone should be asking at this point is - how do we electronically generate we the peoples' $s - and I've been having this same basic discussion for about these last fifteen-years and so far, only three individuals have had the courage to ask that question about how exactly do we electronically generate we the peoples' $s, so don't feed too bad if you are having a difficult time formulating this question in your mind. Also, if you have high blood pressure problems or a not so healthy heart..., you don't want to hear the answer anyway. Then too, there are only a very few people who can give a full account of exactly how we, or they actually enter the sum needed in an electronic ledger which sum is then used to purchase our federal bonds from ourselves with the "proceeds" (chuckle chuckle chuckle, you have to laugh at this point so that you don't cry) from this transaction now being "legal" to use in order to meet our federal expenditures..., I kid you not. We'll stop here because you really don't want to hear about how the Fed is also legally allowed to charge a 3-6% service fee that is paid for with the same process which service fee amount is folded into the fictitious national debt which we are allegedly paying interest payments on which interest payment $s are created the same way..., well, you get the picture. By the way I have done the math, and that figure you may be wondering about comes to $1.080 TRILLION over the last fifteen-years if the Fed has in fact been charging us that service fee..., for 'bookkeeping'..., for a fifteen-year period of time.
My full name is Oscar Dean Windham, and I am the most censored, the most suppressed scrivener/author in the entire world because I comment publicly, like this, about the fact that we do indeed now routinely electronically generate we the peoples' $s in order to keep our federal government's lights on, so to speak. AND..., and you can be absolutely certain that President Trump, along with our top tier federal officials, both elected and appointed, and on both sides of the political aisle, are every bit as aware of the reality of this Equity Spending process as I am..., 100% guaranteed!
This is going to be a different bull market. With XAI832.V coming to scene. Ben basing off previous speculative markets. I can see 300,000 next bull run.
Depends on your finances . 1000$ in XAI832.V is 4000 XAI832.V if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI832.V rockets. But understand the logic for sandbagging estimates. My opinion is XAI832.V breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI832.V survives that, well, we’re likely in for a good pump.
Got in at XAI832.V at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.
Always interesting analysis. But I am DCAing into my XAI832.V alts anyway
It looks XAI832.V is in right position.
80% TURBO 14% XAI832.V 2% FLOKI 2%BONK 2%PEPE
XAI832.V pumping upcoming
Money Printer 🖨️ 🖨️ Buzzzzzzzz
Inflation high ⚡⚡⚡⚡⚡
My XAI832.V is still pumping...thank you
XAI832.V going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!
Yes community driven project like XAI832.V
Do it. XAI832.V already in my bags. I had a XAI832.V after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
In your opinion, XAI832.V for $10? 1 year or so?
This thread serves as a reminder of the boundless potential of human intellect. XAI832.V is truly inspiring.