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WELCOME TO THE NEW GLOBAL ORDER I Future Investment Initiative 6th Edition
NOW: The world order is on the verge of profound change. No empire, government or economic system lasts indefinitely, and history's greatest societies all experienced similar cycles of peace and prosperity then collapse after periods of depression, revolution, and war. Three kinds of forces are influencing the emergence of the New Global Order: first, the long-term debts and capital markets cycle; second, internal order and disorder, such as changing cultural norms and political discord; and third, external order and disorder, such as the creation of new tech and economic hubs fueled by regional unicorns; the migration between virtual and physical spaces of wealth and assets; the energy, resource, and supply chain crunches; COVID-19 and new pandemics; war; and above all, the impending threat of cataclysmic environmental destruction.
NEXT: What can we expect from the New Global Order? Can governments and businesses mitigate internal and external discords to minimize the risk of globalized societal collapse? Can a New Global Order bring forth an economic system that improves productivity, health, and living standards without worsening systemic inequities and instabilities?
SPEAKER:
Ray Dalio, Founder, Co Chairman & Co CIO, Bridgewater Associates