Collapse of the American empire | Ray Dalio and Lex Fridman

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Ray Dalio is an investor, author, and founder of Bridgewater Associates.
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[@zs5002]

I’ve been to Europe several times and what struck me was how young people my age were so well spoken and intelligent. They were just average people, but sounded incredibly educated and could contribute to a wide variety of discussions and topics. The US is falling behind. It was like night and day

[@kennymichaelalanya7134]

We have the best universities and colleges but our society as a whole suck. We are so far behind when it comes to education...

[@OfJaggedRisings]

I doubt many places pride themselves on ignorance the way Americans do. Our last president bragged about not reading. 🤷‍♂️

[@TheIndieGamesNL]

@@kennymichaelalanya7134 you have a few good universities and colleges like ivy leagues but everything outside of that isnt really all that better than anything else in the west

[@GwaiZai]

@@kennymichaelalanya7134 ​ that very fact of the best schools is a smoke screen where elites can send their kids there but everyone else falls behind, reinforcing the oligarchic system

[@zs5002]

@@AmericanMadeAdventures Americans aren’t less intelligent. But it’s a fact we’re less educated at the high school level. Most people can’t participate in a wide variety of topics and contribute something meaningful. Because our education system has failed us, and it’s getting worse.

[@messnaldoup4gbh470]

It’s hard not to fall behind when your being sold out by your leaders

[@Colombia20102018]

Not only that. Most people in the US get too comfortable. This happens because everything is available with almost no effort.

[@countchoculitis1528]

@@Colombia20102018 Except the important things, like education, preventative medicine and access to healthy food.

[@Colombia20102018]

@@countchoculitis1528 these are all available and abundant in the US but again people get too comfortable to make the effort. So much that most libraries now have more movies than books because people find reading too hard, boring or time consuming. I don’t want to go too much into detail because I don’t want to offend anyone. Or maybe I’m too confortable? 😉

[@countchoculitis1528]

@@Colombia20102018 hahaha no they are not. Education and healthcare are both for profit and expensive. Both are, therefor, not readily accessible.

[@Colombia20102018]

@@countchoculitis1528 It is expensive but a lot of things are under your control. When I went for my MBA I decided to go to a public school. Lived with relatives, drove a $500 car and bought all books used. I had almost no social life for two years. I was making minimum wage and was able to pay for it myself. On the other hand most of the people my age at the time had their own place, nice car, party and travel a lot and some of them were only taking a few classes or not even working. I graduated debt free while most of them are still paying student loans. Guess who’s partying now?

[@byronwilliams7977]

Education in the US has been on a downward trajectory for 40 years.

[@AmericanMadeAdventures]

Not in my town. What's wrong with yours????

[@franknbeans2623]

@@AmericanMadeAdventures you come across like one of those annoying parents that think their kid's farts smell like fresh cinnamon rolls

[@scm21st]

May 4, 1980, the day the US Department of Education was founded. Not a coincidence

[@user-eh9op4mq4s]

@@franknbeans2623 I mean just check his name xD He's probably one of those hyper nationalists who doesn't want to believe that his nation is lacking behind any other nation and is the best in almost everything (if it's not the best than it's 2nd and going for that 1 spot babay!)

[@franknbeans2623]

@@user-eh9op4mq4s There's a lot to love about the United States, but it'll never become a more perfect union if we just yell about its strong points every time someone tries to address a weakness

[@jaimerodriguez1550]

We have a oligarchy that is more concerned in protecting its own wealth and preventing others from gaining wealth than it does on increasing overall wealth through investment in education, technology and the economy .

[@akiikius]

Well said!

[@christianpace1081]

Cabal did it on purpose, very obvious. But they will lose. Free man will rise up.

[@Shameilia2004]

You hit the spot

[@brandongonsalves3615]

@@christianpace1081 not without guns. Civil war will disarm us. Chinese UN peacekeepers and all. Then they take Taiwan back.

[@GwaiZai]

and this happened because Greed has always been viewed as an American virtue, has it not?

[@MD-jp5oc]

As a current teacher, the system is failing because the oligarchy has removed any standards for grade levels, meaning students no longer have to meet minimum standards in order to pass to the next grade or even graduate! There is no longer such thing as "being held back a grade!" Hell, the state of Oregon is one crap hole who got rid of all HS graduation requirements. In my school, we can't even mention "being held back" to students or parents without getting reprimanded by admin.

[@johnstrawb3521]

Yeah, it's "Oregon." What was your code last week, "Chicago"? Little Rock is a cesspool. Why isn't it ever mentioned by the likes of you?

[@kittinsmittens]

Not to argue at ALL but can you be specific about what corporations/people are involved in this process? I'm just curious about what level for profit corporations and or political figures etc are getting involved in public schooling (which seems like a super bad thing)

[@drutalero2962]

Are you serious?

[@plantsgardenandthings2474]

Feels like these extreme left dem gov is deliberately abolishing merit based education to the detrimental effect of the US.

[@irvinmartin5789]

When did that happen? Last year? I don't think so, decline is a result of long term trends. I'm for merit based for sure, but it's easy to go meritless if what you have to offer holds no real utility.

[@yuliasergeevna2310]

as a person from Belarus, (a country under a 'dictator' according to some) I have been shocked how things work in US, when I once visited, good education is a privilege, health care is a business and a privilege for the rich, no social security, just loans, credit history and mortgages, which puts such a burden on people, some have to work as slaves and scared of losing the job at any moment without a notice. We are not rich here, no resources and under sanctions for over 20 years but peaceful, we all have access to higher education, and it's free, also free health care, parental leave for up to several years. I thought those were basic human rights, I know there's always corruption in any country but still I just can't imagine how ordinary people can live like that in US. All the best for your people, peace and blessings.

[@samcochran6599]

There’s also about 1/50th the amount of people in Belarus, so there’s that

[@yuliasergeevna2310]

@@samcochran6599 yes, not many people, no resources, and only sanctions, but people are well educated and have universal healthcare. US is scary to live in.

[@AmericanMadeAdventures]

@@yuliasergeevna2310 See you in Ukraine.

[@yuliasergeevna2310]

@@AmericanMadeAdventures you? in Ukraine? your government told everyone, including diplomats to get out from there. What else to expect from such evil cowards?

[@AmericanMadeAdventures]

@@yuliasergeevna2310 lol...the way it's looking we may be in a world war soon. Good luck

[@jerrynelson5289]

Social inequalities USA is bottom last in all major industrial country. 1) Most students graduate with a debt without prospect to get a descent job to pay that debt. 2) Most flourishing business these day are pawn shop, payday loans, an car loans. 3)Most people in major cities cant afford basic rent, some have roommates even making six figures income. 4) For the last 40years USA invested in wars and bloods with media propagandas instead invested in its citizens.

[@royalecrafts6252]

Rome all over again

[@Atlas302]

Actually we have prioritized things that make people and families weaker, making ultimately weaker people and citizens....

[@royalecrafts6252]

@@presceltolives2076 is slooowly becoming like that in south america as well, sad really

[@sunshinelively]

42% of college graduates finish their bachelors with no debt and another 15% finish with only 15k of debt. It’s nowhere as bad as people are trained to believe.

[@AmericanMadeAdventures]

Where are you getting that ridiculous propaganda from??? USA #1

[@AnkushNarula]

subtext: Buy stock in insect protein startups

[@eneveasi]

Penny stocks now, thousands by 2075

[@krissykatportal]

You will eat bugs and you will love it

[@Seekyourtruth777]

Soylent Green is coming

[@abuhabibalkhair250]

@@krissykatportal hahahahahahahaha dude!….

[@ferndog1461]

Grasshoppers have been a part of Mexican regional diets, forever. Also, cactus is a protein source for tacos.

[@perillivolcomha]

The United States has had a good run but our glory days have passed. The division within this country is embarrassing and will only get worse. There is so many factors that play into our demise, but I believe the systematic corruption, division and the vilification of anyone with different opinions is why we get nothing done and spiral into unproductive uselessness. It's a nightmare and I have no idea what is next. I just try to keep my head down, focus on myself and what I can do to help others. But me expressing my ideologies to colleges, friends or strangers is a waste of time. Research and do whats best for your friends and family, because there is nothing you can do to save this country. Dont worry about whats out of your control, and live your best life.

[@renatajd7758]

There is a teacher on Reddit comparing how she was in public school and private school and how celebrities are getting their kids tutors. Oh, the time I have spent doing homework with my kids. No, it was not about two hours. It was four hours and still came back with C from test. One cannot leave it to the schools, but some people don't know how to help their kids working or not being educated. It is very very sad.

[@roryclague5876]

Most kids in America are from disadvantaged backgrounds because one of worst things you can do for your biological fitness is pursue an education and embark on a well-remunerated career. Therefore, kids at schools now are harder to educate. On top of that, education is not a popular career because there are far better paying jobs for educated people, and the stress of dealing with children from broken homes in decaying neighborhoods just isn't worth it. So this is a spiral with a lot of negatively reinforcing factors. I have no idea how to solve the problem.

[@GwaiZai]

have the government pay teachers. Here in Germany teachers make 70K USD a year.

[@AmericanMadeAdventures]

@@GwaiZai Eliminate brick and mortar schools. We didn't need them during the "pandemic" and we don't need them now. Time for the "teachers" to go get real jobs instead of sitting on their asses behind a desk parroting globalist propaganda to our kids. The internet is all anyone needs to learn everything.

[@GwaiZai]

​@@AmericanMadeAdventures this is a joke I hope? in that world you have parents raising kids within their own fake realities. That's the reason it's illegal here in Germany. Kids need to be raised on an agreed set of facts. I don't think globalism is a part of any education through high school.

[@AmericanMadeAdventures]

@@GwaiZai "agreed set of facts" lol. NO THANKS

[@salvalooez2249]

Invest in poor poeple willing to work for the country........and stop racist behaviors

[@juliuscaesar894]

The problem in the U.S is whenever there is talk of helping the American public to improve the U.S. its quickly labeled as socialist or communist, and the momentum stops.

[@juliuscaesar894]

@@bigpicturethinking5620 The tax dollars are being taken regardless and used regardless, but the U.S. could greatly benefit by helping its citizens compete with the world, money could be used in education, health etc. I agree money is being misappropriated especially the military industrial complex.

[@tseawell90]

Less tax, more decentralized decision making.

[@vincentchauvet6654]

@@tseawell90 developed countries with low taxes are doomed to fail

[@JohnTaylor-fh4et]

This is what happens when everything is about profits for shareholders. When everything is for sale, nothing has value.

[@californiaesnuestra]

As a society, education and hard work are pillar values for Indian-American and Chinese-American cultures. They make good emphasis on being a top performer and focus on degrees in STEM or Law&Medicine. As a super power we need to encourage other groups to follow the same model, removing Diversity quotas and focus on meritocracy not wokeness

[@AlKeys411]

Agree...It used to be that way in the USA...Asian cultures (Filipino, Korean, and Japanese too) emphasize the group/family. USA pop culture too focused on the individual (selfie culture) nowadays...

[@quintinmurrell9089]

And all that knowledge came from 1 group. The Africans. You are ALL welcome. But do Us 1 favor, don't forget. Without Us you wouldn't exist. Again, your welcome.

[@quintinmurrell9089]

@@lovepeacebliss Like all of the tech billionaires from America

[@theuberman7170]

So turning everyone else into a quite corporate lap dog will save America?

[@Miss_Cali]

How BORING will school be with only 1 small segment of the population attending said schools?

[@FuckingHostile496]

"There's no saving America -- we need to pull it out by the roots. Wipe the slate clean. Burn it down! And from the ashes, a new America will be born. Evolved, but untamed!” - Senator Armstrong.

[@msjoanofthearc]

Excellent analysis by you both...Thank You!

[@billthebutcher1910]

Our own greed will be our downfall. We have no interest in the overall advancement of our society, and instead only focus on individual benefit/wealth.

[@tseawell90]

That’s the point dummy. Self interest is an inherent human trait.

[@vivek27789]

@@tseawell90 Yes...but those who can check that inherent selfishness and think,care,strive for development of the community of various scales ultimately succeed in building a sustainable and long term growth oriented society...Which United States of America was but sadly not anymore.

[@billthebutcher1910]

@@tseawell90 That’s the most elementary way of looking at this lmao step it up a little on the outlook thinking

[@tseawell90]

@@billthebutcher1910 No you're ignorant to human nature. Pretending we can overcome this is harmful in the long run.

[@maybeyoureright4334]

It's Dalio's fault for giving all the Chinese calculators back in the 80s. Probably wouldn't have been in this predicament if it wasn't for him.

[@perkyporkpie]

This might sound crazy but look back on old interview programs-see how the quality and variety has disintegrated in the last few years.( I really refer to legacy media-there are some wonderful podcasts, including the one you are watching ). One of the strangest things I noticed is that film programmes no longer talk about the film as a film-the whole thing is about box office. In other words people know the cost of everything and the value of nothing

[@anthonyomara1064]

In a country like US with such a huge consumer choice of products you've got a choice of only two parties, which in reality are one and the same. That is one of the big paradoxes of American democracy.

[@Huskydoggg]

Summary: A billionaire who made his billions off the corrupt systems he promoted, now blames the systems. (Then waddles back to his private island)

[@yashnaik9914]

Thank you. You saved me 8.5 minutes of my time watching this video.

[@Stumashedpotatoes]

How did he promoto corrupt systems and profit off them?

[@fd6260]

Ray loves China. CCP must have a nice regard for him

[@danthedoozy9472]

Our values are what set us apart. We are losing those values.

[@sigmasociety2180]

And get those back how?

[@sandranosocialism1780]

@@sigmasociety2180 keep liberals out of government, education and the supreme court. That doesn't mean I think they should be filled with conservatives or progressives. They need to be filled with people that put the United States and Constitution first and they have to be people that don't take bribes. A tall order but possible

[@danthedoozy9472]

@@sigmasociety2180 Starts with each individual embracing the values of the Constitution, upholding the rule of law equally, and living with integrity in their personal lives.

[@Colombia20102018]

@@sandranosocialism1780 the reality is that China had the largest economy in every century except for the 20th. Communism slowed them down but for the last 40 years they have been recovering. Now they are ready to take over. There’s not much the US can do. But no worries. People will live in the Metaverse if needed.

[@mskipper19]

@@sandranosocialism1780 this is the worst comment I've seen on here in years, possibly ever. I'd love for you to define the word "liberal" and then look it up and tell me what it really means.

[@artrock8175]

“My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.” - Warren Buffet

[@Myrddnn]

And, Musk went out of his way (sold extra stock) so he he would pay 11 billion this year in taxes.

[@nonconsensualopinion]

@@Myrddnn good. Leaving him with what? Over 100 billion dollars of personal wealth? It's my extremist view that no individual should possess over 1,000 million dollars. That's a billion, folks. I'm down for capitalism. I'm okay with people being wealthy. I think a billion dollars is an adequate and amazing reward from our economic system for a job well done as an innovator and job creator. So buy your island, never work again (nor does your family for generations) and the other 99 billion you would've had pays for the best infrastructure and public education seen by man so the cycle can repeat. We've perverted the idea of wealth. Now we act like limiting someone asymptotically to a billion dollars is communism or an attack. Since when did the idea that you can be wealthy transform to the idea that you are entitled to all the wealth you can accumulate? "I care not how affluent some may be provided none suffer in consequence of it" - Thomas Paine No billionaires while children starve. Raise the quality of life for the poorest Americans to unlock the achievement to accumulate greater than 1 billion dollars.

[@Myrddnn]

@@nonconsensualopinion Well, he's a rare case of someone who did accumulate massive wealth but chooses to live modestly and help humanity reach for the stars, including what he has done regarding reducing the need for fossil fuels with both solar and EVs. He's using it for good.

[@skyyywalk3r]

@@nonconsensualopinion Have you engineered rockets that land themselves? Or perhaps you're a pioneer in the electric car market... You do know that he doesn't actually have billions of dollars sitting idle in his bank account or under his mattress, right? Investors bid up the shares (you can thank irresponsible monetary and fiscal policy for driving excessive speculation in markets) of his company. His wealth is tied up in Tesla and SpaceX. You know, actual companies that innovate at the highest level and help drive our species forward.

[@TheIndieGamesNL]

@@nonconsensualopinion youre worth what value you put in though, bezos for example pretty much made online shopping the way it is today.

[@Anthrofuturism]

This is becoming a self-fulfilling prophecy

[@theexpert758]

It doesn't have to be. The west is not lost yet.

[@dying_allthetime]

@@theexpert758 China is going to collapse before we do

[@jonny-dp2qr]

@@dying_allthetime why do u say that

[@akunajoshua]

@@dying_allthetime... You already collapsed 60 years ago... Globalisation has taken you as far as you will ever go... CHINA still has room for future growth and their economy slowing down could be a blessing in disguise

[@thenaturalpeoplesbureau]

leadership and order-following is the SOLE and ONLY reason we are in this mess. Less vertical hierarchies.

[@buyingscratchoffticketsunt5750]

Your interview list might be more impressive than Rogan

[@fattonyd232]

bipartisan efforts go nowhere in the US. this guy doesn't know politics

[@noneyourbusiness2995]

@LEX read and review Sir Jon Glubb "Fate of Empires" it would be interesting to hear you disgust that 26pg essay with someone

[@arminius6506]

I've read the essay and he's spot on, there maybe some differences but he has got the pattern right (at least I'm convinced by his argument). He has devised 6 stages of every empire The Age of Pioneers (outburst) The Age of Conquests The Age of Commerce The Age of Affluence The Age of Intellect The Age of Decadence And I think America is somewhere in between age of intellect and decadence.

[@arminius6506]

"Nations do not normally disarm from motives of conscience, but owing to the weakening of a sense of duty in the citizens, and the increase in selfishness and the desire for wealth and ease.",

[@compoundingpaper-ron5794]

Let’s save this country and future generations. Let’s vote with our heads rather than based on emotions!!

[@hectorcardenas2171]

If voting was good for the masses, it would not be permitted.

[@bowieupland6112]

Then the first thing we need to do, is abolish the 19th amendment.

[@JohnDoe-ef3wo]

@@bowieupland6112 damn right👍😎

[@theymademepickaname1248]

Absolutely. Make sure you do your research before choosing between the turd sandwich or giant douche bag.

[@ralphholiman7401]

That's great advice. I have a very rich brother, who constantly tells me that the key to getting rich is to make every financial decision with a calculator, and remove feelings and emotion as much as possible. He uses new cars for example. He drives a vehicle for twenty years, because that's what his calculator tells him he should do. But, a person who just loves that new car smell, and being seen in a new car, makes his financial decisions on those emotions, and doesn't care that buying new cars every two or three years is a horrible financial move. And, then wonders why he can't seem to accumulate any money.

[@Jon-pw2ik]

I don't understand how education, top to bottom isn't by faaaar the number one priority everywhere in the world. I mean, there is potentially no limit to the amount of money you get back economically for every dollar spent on education. Education primarily is what drives everything in a society and country. Not only that, but it also eases and remedies every other problem a country could encounter. It's amazing that there isn't a huge majority of our taxes spend on education

[@cristopherjeffery6737]

He chops these videos up to see what the hot topics that people will talk about and what people will watch and just listen without disliking = thats all this is

[@charlessmyth]

The "bi-partisan" Senate is working like a charm :-)

[@Peter-dk4fz]

Spot on, without investment in infrastructure and bipartisan moderates working together the next US election will be mayhem

[@danielvalleduarte]

Maybe we shouldn't be an empire bc of how much waste and destructive our military causes. Maybe we should invest in the health of our people and our infrastructure and maybe our natural habitat?

[@Miss_Cali]

You know how men are with their pissing contests

[@mindsharping]

I am not so sure that a very costly education resulting in long term student debts to be repaid, is at all superior to an education that can be obtained for next to nothing, or free, in Germany.

[@legend8614]

It's not difficult of a problem, 5 things we as Americans need yet pay heavily on is food, water, energy, shelter, healthcare. These five things are interwoven into the fabric of society. As these 5 things fall apart so does everything else. Lucky the solution is engineering based and we live in a time of great minds and easy communication, with a little arrangement of atoms we can picture solutions to these 5 items of importance. Then use modern items to make possible then replacing them with the ideal solutions as technology and information advances.

[@Negus222]

Your solution to the problem of high cost of living is in the US is... modern technology? Anything specific i.e. something that we can actually implement?

[@PhamVans]

Borrowing just to spend is such a destructive concept.. And the constant value manipulations of the housing market.

[@Indigloblackdog]

If you delete one minority the rankings relative to all countries in the world changes to the US being in the top 5 in all categories.

[@quitequiet5281]

I concur with that analysis. Unfortunately... the corruption influences involving political manipulation of political offices and agendas is diametrically opposed to what is needed. The situation of American Oligarchs managing corporatocracy lobbyists for economic exploitation purposes and political influence purposes has become entrenched. The situation is deteriorating to the point of allowing discussion of foreign campaign donations to directly to political elections... Which is simply eliminating the middleman in corporate actions where corporations use lobbyists to facilitate the wishes and desires of sociopolitical economic influences controlling the corporations interests through economic leverage and political agendas. There are no citizens in the “Citizens United” ruling and no political will to correct the campaign finance system or even recognize the danger and damages. Especially when the money is being donated and the media has become a propaganda tool. Both major political parties are fast approaching diminishing membership so that independents will soon out number either of the two primary political parties. Yet the economic sociopolitical conditions and voter suppression issues stifle any type democracy style election competition in a widespread manner allowing political corrections thus far. Occasionally the upset elections occur precisely because it was unexpected. Psychologically 70% of people typically will look the other way on any particular topic that they don’t believe will effect themselves personally. Which is why the 30% is so crucial to forming a “majority” position even when it is actually a minority of the population. Two corruption influenced minority factions with roughly 30% each of the voting population... and the remaining 40% being independent or other in both cases insufficiently organized for national effectiveness. So the political center is nearly balanced which allows the political business of politics to create a very small number of elected officials who need to be influenced by the corporations and lobbyists... Which is why they manipulated both political parties to create this situation. It’s a engineered political system that each political party believes works in their favor because they are essentially paid more for doing less and always have something or someone to blame other than themselves and corruption influence. We have puppets and invisible puppeteers not political leadership.

[@krissykatportal]

Power always corrupts

[@ishmael802]

TLDR

[@samuelcarstens6152]

I hear subterranean homesick blues playing in the background

[@redguitar6062]

The system needs to change. All this is just tweaking at the edges.

[@ejmoreno270]

In regards to his bipartisanship remark, I think this is one of those slippery words that act as mental traps. We have bipartisanship right now. A nearly perfectly split house, an as perfectly split as is possible in our system senate, and a middle of the road president with a history of reaching across the aisle. The court you could claim is unbalanced but at the moment it is leaning opposite the house and executive. Our current situation is about as balanced as we could expect, And most people agree the the country has never been worse off in their lifetimes, if not ever. If bipartisanship meant it’s literal meaning, no one would continue to be calling for it. What I think people mean when they say bipartisanship is actually something like ‘unification by mutual resolution’. We want a ‘unified’ administration, a ‘unified’ government who has palatable ‘resolutions’ to our ‘differences’. But is this even possible? It seems we have irreconcilable differences. So is ‘bipartisanship’ even really possible? We should at least consider the idea that it’s not given that we currently live in a bipartisan moment yet we continue to seek ‘bipartisanship’

[@skaterdudeabides]

Hard to compromise when one side hates the other so much that they won't hire you, be friends with you, talk to you, have you in their clubs, etc... when they do everything in their power to remove you from polite society, then act like you are the human personification of Satan. Keep kicking a dog, eventually he turns on you.

[@Rudenbehr]

the civil war over slavery? American Revolution? civil rights movement?

[@Negus222]

We do not have bipartisanship right now in the US. Look up the definition of the word: "agreement or cooperation between two political parties that usually oppose each other's policies". What does that have to do with a balance between the branches of government which you're referring to? Can you name a single policy in the last 10 years that moved the US forward towards being a "better" version of itself that was agreed-upon by both major political parties?

[@shafiyaalgiquadra1105]

If I help remove many components in even the most enduring and excellent masonry, is it foresight when I predict that the masonry will fall?🤨

[@kylekelly5662]

Explain?

[@shafiyaalgiquadra1105]

@@kylekelly5662 Ray is one of the people destroying free market capitalism and replacing it with short term gains crony capitalism so it is no wonder he can predict the fall because he helps bring it about.

[@badcarlos551]

Debt has replaced taxation as a way for governments to generate spending revenue, that means Elon et al need to cough up if you want to fix public education. Of course, he'd probably say that privatising education would be better, but it didn't work in the 19th century and won't work now to keep pace with China. Another thing that gets missed in these discussions is the interconnectedness of education with other institutions: the reason why kids in poor areas do badly in school is because their general economic situation is bad.

[@ammarulnasir8137]

The system of interest is a curse.

[@oocloudoo1549]

Buddy there’s more guns privately owned than people themselves. This country isn’t going anywhere.

[@ChristopherRadoff]

This guy thinks the solution is bipartisanship. What a genius.🤣

[@sebby007]

Take your military spending, which is destructive by definition, and put those amazing people and money into education!

[@AmericanMadeAdventures]

The USA is not collapsing. We have some problems, but we are resilient. Long live the USA

[@mpetry912]

a very wise and cogent commentator. this was a good one, thanks Lex !

[@zantrex4]

China cracking quantum computing is good for the world?!? In what... world?!? Lol.

[@taniabluebell3099]

I'm a student of history. Especially since I was privileged to immigrate to U.S. as a child. Knowing the persecution my people suffered I foolishly thought this type of suffering was left in the past. Watching things unfold the last 24 months and how much our freedom has been eroded has been like watching a crash in slow motion. Your brain wants to stop the crash but it's outside your control to intervene. In a nutshell, I thought communism was something I escaped, and now it's knocking at the front door of America.

[@adamwilson6]

All empires must fall. It was a good run folks. God bless us.

[@Phedrus4Quality]

Not even close 🙄

[@muneebanwar1982]

We don't live in a game nowhere does it say that every empire has to fall it only falls when everyone starts taking on this mindset that you're promoting

[@tylerharris4392]

@@muneebanwar1982 every great nation falls

[@CircumcisedUnicorn]

@@muneebanwar1982 Every empire will eventually fall nothing is eternal in this world

[@adamwilson6]

@@muneebanwar1982 what am I promoting? No virtues or truths can change the fact that rise and fall are inevitable.

[@nitroxide17]

Higher education in the US is too expensive… public schools in the US need more funding.

[@BasicBeachCommunity1]

Look at what we did to the college education system... Give students more and more debt over the last 20 years, wasting precious college time with general education classes,

[@financecap]

The opinion is free: the facts are showing different things

[@mbabcock111]

The Straussian Moment by Peter Theil

[@h.766]

Just because hi is a billionaire. It doesn't mean hi is right .free people are always more productive and creative. Remember what they used to say about Japan in the 80 early 90 . Never bet against the USA.

[@therocketmanprince682]

Lol now situation is different.. Usa won back in the day because of dollar. Now we have crypto .. Fu*ck usa.

[@thenaturalpeoplesbureau]

Every country oppressed by transatlantic interests, bets HEAVILY against the USA; Switzerland, france, russia, germany, italy, india, china, south africa, the entire middle east, from usbekistan to afghanistan - we can say in unison AMI GO HOME, wo dont want your shit, nor your wars, make wars on your own continent. TTFN

[@ChrisSmith-ro1ev]

unfortunately he's right in spite being stinky capitalist

[@zackfe130]

@Dalton Dyson every day it becomes more and more apparent to me that america is a plutocracy and all of the things we believed that set our country a part from the rest of the world are no longer true.

[@dentalgrowthmx]

Nobody is free, you are inside a system where the priority is not to improve mankind condition, the priority is to make money machines at any cost

[@christophersarabalis7849]

Fellow-citizens, we cannot escape history. We of this Congress and this administration, will be remembered in spite of ourselves. No personal significance, or insignificance, can spare one or another of us. The fiery trial through which we pass, will light us down, in honor or dishonor, to the latest generation. [...] We shall nobly save, or meanly lose, the last best hope of earth. Other means may succeed; this could not fail. The way is plain, peaceful, generous, just. - Abraham Lincoln, Annual Address to Congress, December 1, 1862

[@ilikeshroomgals]

Buy VOO and SPY calls

[@milesp4746]

Dalio heavily invested in China. What came first the chicken or the egg?

[@Phedrus4Quality]

Bingo. This clown is a propagandistic trailtor.

[@milesp4746]

@@Phedrus4Quality 💯

[@rogerc23]

He is personally responsible for the death and poverty of tens of millions of Americans and the internment of Uighers in Xinjiang.

[@nubianpwr]

A very smart man

[@JC-uk7tf]

Treasury needs an API that allows banks to show a dashboard of national finances inside the customer's own online banking portal.

[@umtalsi82352]

I know it's offtopic but in some way Lex reminds me of Mac Miller. Especially his speaking voice

[@samd9592]

Lol bro wat.thats cool I guess

[@samd9592]

I think it's their hair cut and face structure but I would have never seen it

[@kak775]

Time to start paying workers more.

[@Leopar525]

I always feel like I don’t learn anything from Ray Dalio and that he always state the obvious

[@aaronwilkinson8963]

How many celebrity chefs are there in America.

[@mrmrjerich]

Thanks for being you. Was thinking about the whole space and trying to gain perspective. What are your thoughts on risks of "Western Exceptionalism" on democracy. Highlighting risks to democratic societies by using recent history of "western exceptionalism" Western exceptionalism refers to the belief that Western societies possess unique qualities or values that make them superior to others. While it has played a role in shaping the modern world, it also carries risks for democratic societies. One risk is the potential for arrogance and disregard for other cultures and viewpoints, leading to conflicts and misunderstanding. Additionally, it can foster a sense of entitlement, leading to interventions in other countries' affairs without proper understanding or respect for their sovereignty. Furthermore, western exceptionalism can fuel nationalist sentiments, creating divisions and undermining international cooperation. To avoid these risks, it is essential for democratic societies to adopt a more inclusive and empathetic approach, acknowledging the diversity and interdependence of the global community. National currencies, democracy, and threats by "western exceptionalism". When it comes to national currencies, Western exceptionalism can pose risks to democratic societies in various ways. One prominent aspect is the dominance of major Western currencies like the US Dollar and the Euro in the global financial system. While this dominance provides advantages for Western economies, it can also lead to an imbalance of power and economic dependency for other nations. Democratic societies may face threats when Western exceptionalism drives policies that prioritize the interests of Western economies over others. For example, the imposition of economic sanctions by powerful Western nations can significantly impact the economies of other countries and undermine their democratic processes. These sanctions might be used as tools of coercion, impeding the self-determination of nations and potentially causing internal strife. The adherence to Western-centric economic models and principles might not always be suitable for diverse democratic societies worldwide. This one-size-fits-all approach could lead to economic inequalities and social unrest, particularly in regions where local traditions, customs, and governance systems differ from Western norms. Another risk is the impact of Western exceptionalism on international financial institutions and decision-making. Dominated by Western powers, these institutions may prioritize Western interests and fail to adequately address the concerns of emerging democracies or non-Western nations. This unequal influence can hinder the development and representation of democratic societies on the global stage. To mitigate these risks, democratic societies should promote a more inclusive and equitable global financial system. They should strive to uphold democratic values in international decision-making processes and foster cooperation that respects the sovereignty of all nations, irrespective of their economic power or political influence. Emphasizing mutual understanding and dialogue among diverse cultures and democracies can pave the way for a more balanced and democratic approach to the world's financial and economic affairs. Considering the same risks if governance and decision making models are made by an ai that unknowingly defaults to ai exceptionalism. If governance and decision-making models are handed over to an AI system that unknowingly defaults to AI exceptionalism, it can introduce a new set of risks to democratic societies. AI exceptionalism refers to the belief that AI systems are superior in decision-making and governance compared to human judgment. This mindset can lead to several concerning consequences: Lack of Accountability: AI exceptionalism might lead to an unquestioning trust in AI systems, making it challenging to hold them accountable for their decisions. If AI is perceived as infallible, it could undermine transparency and hinder the identification and rectification of errors or biases in decision-making. Reduced Human Agency: Relying heavily on AI decision-making can diminish human agency in democratic processes. Citizens might feel disempowered or excluded from critical decision-making, leading to a decline in civic engagement and participation. Bias and Discrimination: If the AI system inherits biases from the data it is trained on, it could perpetuate and amplify existing societal prejudices. This could result in discriminatory policies that affect marginalized communities, leading to further social inequalities. Concentration of Power: Handing over significant decision-making authority to AI systems could concentrate power in the hands of those who control and develop these technologies. This could lead to an oligarchic structure, where a select few individuals or entities influence society's direction without democratic checks and balances. Technological Divide: AI exceptionalism might exacerbate the digital divide, where certain segments of the population have better access to AI-driven governance and decision-making, while others are left behind. This can lead to further marginalization of disadvantaged communities. To address these risks, it is essential to maintain human oversight and accountability in AI-driven governance models. Emphasizing transparency in AI decision-making processes, ensuring diverse and inclusive representation in AI development teams, and establishing mechanisms for public scrutiny and feedback are crucial. Additionally, policymakers must carefully consider the ethical implications of AI adoption and implement safeguards to protect democratic values and human rights in the era of AI-driven decision-making. Striking a balance between AI's potential benefits and its limitations while respecting democratic principles is vital for a sustainable and inclusive future. overcoming western exceptionalism through trustless decentralized open source systems. Specifically using XRP/XLM for Sovereignty. I'll explain explain why using xrp and xlm as the basis for a world of individual nations and entities to issue their currency would allow for individual sovereignty and protection of acquired wealth, preventing usury. Using XRP and XLM as the basis for a world of individual nations and entities to issue their currency would allow for individual sovereignty and protection of acquired wealth because these cryptocurrencies offer fast, secure, and low-cost cross-border transactions. By adopting XRP and XLM as the basis for their currency, nations and entities can benefit from the transparency, decentralization, and scalability of blockchain technology. This would reduce the risk of fraud, manipulation, and inflation, while enabling individuals to have greater control over their wealth. Additionally, XRP and XLM can provide interoperability between different currencies, making it easier for individuals and businesses to exchange value without the need for intermediaries. Ultimately, the adoption of XRP and XLM can promote financial inclusion, reduce transaction costs, and empower individuals to participate in the global economy on their own terms. question becomes, which country will back their dollar by xrp/xlm because of it being trustless, open source without counterparty risk? "Books are the keys to unlock the doors of our conditioning, and wisdom is the light that guides us towards a liberated mind."

[@Softcushion]

Just a reminder that household economics is NOT the same as national economics, especially with a country that has a fiat currency. Personal and corporate debt is, not the same as national debt the analogies here do not work.

[@jameskelmenson1927]

Earn more than you spend. What if youve built up good credit and in 10 years the world ends? Then doesnt it make sense to exhaust all your resources by that point?

[@mizmilz6153]

what do citizens do after a collapse?

[@aserher215]

"These b!tches have no idea what's in store for them."

[@imstevemcqueen]

Translation: Rap music culture is a ticking timebomb.

[@imstevemcqueen]

@@Empty_String Not what you're girlfriend said

[@Morning404]

How original

[@MisterMonsterMan]

I think it has proven to be a slow poison far more than a ticking time bomb.

[@imstevemcqueen]

@@MisterMonsterMan Nah, the ending will be at the speed of light

[@witzerdog]

I love how people have this rosy picture that education was somehow better a long time ago (50's, 60's, 70's, etc.) It is a common belief that younger generations are worse than your own generation. Kids these days are exposed to ideas and tools to learn that we only dreamed of. The kids will be fine.

[@tigertastic862]

Great point. So much content on KZbin and the internet that kids can learn from. Traditional schooling seems antiquated anyway compared to the global challenges we face.

[@abou8963]

Parents encouraged students to excel academically in school after Sputnik. If parents get strict again, education will follow. Now, it's touchy-feely, soft feeling, everyone's the same. No, it's not. Some are more capable, given more responsibility, and ethically obligated to care for the less gifted. Get realistic. Reality Therapy. More men.

[@vanderumd11]

Too many divorced people. Not enough two parent homes. We are backwards

[@lysergide2083]

In my opinion the biggest problem is with democracy and letting people decide things they know nothing about. You have captain on the ship, captain in any sports team etc because they are right people for the job. In our society if you want to be elected you have to sell the fairy tales to people who give you votes. For example, try making a democratic decision in a family with multiple small children and see how far you will get. Ask them what to buy for dinner or what to wear etc..and let the majority decide. That is what we are doing in our society. We are the children...

[@jjc6530]

It’s because of freedom. Freedom is good but theirs a limit too. People have freedom to do as they will or choose, thus people don’t have to agree with each other, a divided country with Americans divided. Is it United States or divided states?

[@sammavitae114]

For a so called top investor to imply all government spending is burdensome is disappointing. China borrowed heavily to build infrastructure but when that is in place it immediately starts to bring in income and attract development and overseas investment. That is what the infrastructure bill could do for the US.

[@BluntApe]

I'm pretty sure China had calculators in the 80s 😂. Does he mean some kind of high tec one or somthing 😂🤔

[@TheChartFather]

American students aren't allowed to use calculators. Instead they are taught an intentionally confusing common core system. Not allowing students to use calculators makes as much sense as banning computers from schools as well.

[@BluntApe]

@@TheChartFatherthat's not what I was meaning at all with my point. And yeah it's the same with nearly ever country mate. Your meant to use what you've learnt and memorised to answer the question 😂😂🤦

[@TheChartFather]

@@BluntApe if you say so

[@BluntApe]

@@TheChartFather it's just facts mate. Coming from someone who's not American and been to 3 different schools in 3 different countries. Like I said, I don't know about all countries but the 3 I've been to they don't allow calculators. So I guessing the majority are the same. And It makes sense. Can't learn how calculate naturally if you use a calculator eh? To easy. People whould just be aceing math tests if that was the case 😂😂.

[@TheChartFather]

@@BluntApe is China banning calculators?

[@PM-do2yu]

America’s obsession with individualism, while seen by many as what has brought it a degree of success, is the millstone that prevents it from maximising its potential. Individualism by its very definition prioritises the singular over the many. Some would argue that individualism has enabled progress that wouldn’t otherwise been possible. However this model is responsible for the ever-declining middle class and the corresponding problems and costs of the widespread poverty caused. Rather than addressed, these problems are normalised. Without meaningful change matters will continue to deteriorate. The only way out is for not one, but a succession of competent, charismatic and visionary presidents who incrementally wean Americans away from excessive individualism. It’s not to turn America into some sort of socialist state, but invoke policies that strengthen and expand the middle class. The economic activity of the middle class fill the coffers of government and the wallets of the wealthy. Reducing poverty lessens the burden on all. The rest of the world might mock America, but deep down would much prefer it to do well. Everyone would be much better off if it did.

[@davidd854]

Perhaps individualism is fine as long as you try to be righteous. But the US, like other western countries, is corrupting, probably because of the decline of christianity.

[@doittoit4116]

It’s coming! Collapse is certain!

[@robertgatsby9755]

I believe that you don’t have to go to college for success. A good primary education that focuses on the essentials would better prepare individuals in finding that direction and the tools to succeed.

[@simplyballing1592]

lol

[@Shrouded_reaper]

Yeah, the entirety of human knowledge is available or free on the internet in any kind of educational format you want and here we are with gender studies graduates complaining about the broken education system because they paid 200k to be "taught" garbage.

[@simplyballing1592]

@@Shrouded_reaper What about the graduates that are engineering our roads, bridges, planes, buildings etc... Surely those graduates are useful to our society. If universities are deemed useless then primary schools should also be deemed useless. Since basic Maths and English comprehension can be learned using online resources

[@Shrouded_reaper]

@@simplyballing1592 Being taught the basic skills of reading and writing allows you to learn whatever you want, yes.

[@simplyballing1592]

@@Shrouded_reaper But people can learn the basic skills of reading and writing via KZbin so even primary schools are useless using that logic

[@Mattytube18]

All shall rise and all shall fall.

[@msc.fahmdyar1483]

Make a strong war machine and take from other, simple and effective.

[@ivanvincent7534]

Step 1. Make residential property investment illegal.

[@DigitalDuelist]

Soylent Green (fulfilled by Amazon)

[@antonleimbach648]

We just need to give the American people direct control of the federal budget. Every year each American would be mailed a budget form where we would decide how much percentage of the money each department would receive. Education, military, social programs, infrastructure, etc…..

[@AlKeys411]

Totally agree...It's crazy to think the USA, with only 5% of the world's population has a government that rakes in 3.4 TRILLION...and still outspends what it collects each year...crazy!!!

[@pleasantturtle2799]

This sounds like allowing every person in the car access to the steering wheel at the same time, stupid idea

[@hectorcardenas2171]

You’re not very bright, right?

[@tseawell90]

Virtually all Americans know that Africa is a continent. What a stupid comment. Go back to Europe

[@AlKeys411]

@ㄥㄚҠҠㄖ丂 Well, half of Congress are MILLIONAIRES....Yeah I'd like to get in on the insider trading deals they (and their family members) all get to do, ha!

[@weverleywagstaffe8490]

Yes....U MUST TAKE CARE OF THE PEOPLE...NOT ONLY 3%

[@Majnun74]

Francis Bacon - Idol of the Marketplace: “Errors arising from the false significance bestowed upon words. Words often betray their own purpose, obscuring the very thoughts they are designed to express.” Words words words📉

[@ellengran6814]

The dreamworld....made of words . Reality....made brick by brick .

[@jamessullivan9255]

We should talk.

[@RohitSharma-mi8gt]

It is not about science and technology at all ! It is about society, how to live with other human beings which US society apparently has great difficulty in doing

[@daddybruce8084]

One Einstein is worth a legion of PhDs

[@MrWolynski]

Yea but who the hell would purposely move to China if given the choice between them and the US?!

[@thetruthfromthefuture]

Its a question of, Have you been to China? Most of my school colleagues all moved back to China? Makes you think.

[@tseawell90]

“Moved back” being the key words here.

[@angelmatos9143]

The only thing keeping it alive will be the need the Chinese have of a big shopping mall to buy it’s stuff.

[@mindlessthreadz2373]

So your saying we're screwed???

[@gallowsradio]

...no way out...

[@liquid_shadow8690]

So basically we’re seeing the collapse now.

[@kestkr]

It’s easy to fall behind when this country continues down the path of substantial income inequality and haves and have nots.

[@user-ww3ys4ix2z]

It isn't about throwing money at it. America invests more into schools more than any other. We have to restructure the educational system and also fix the family unit. In Eastern Europe you have both your parents whoop you to sainthood if you get an F on any subject.

[@columbiaforte876]

Soooo….just got through a heavy course of electro-shock therapy, took three Xanax that I washed down with a bottle of gin…..I am now in the right state of mind to watch the Lex show..🤪🤪