Ray Dalio on TED, talking in depth about the new economic crisis
Posted Apr 10, 2020, 4:47 PM UTC
Posted Apr 10, 2020, 4:47 PM UTC
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Why didn’t Ray talk about the wealth gap in China? Because he’s afraid to.
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I’m a skeptic of Rays thesis because he is always praising the Chinese communists and always criticizing the US. According to Ray the Chinese communists are perfect! He never says anything significantly negative about them. That bothers me a lot because that has been a pattern among many rich elites for awhile. Are they afraid to criticize the Chinese communists?
Yes
During this interview Ray was an apologist for the Chinese communists and the interviewers didn’t have the balls to challenge him. So sad! Ray praised the Chinese communists for all they’ve done for the rest of the world during this pandemic and it wasn’t even brought up that it was the Chinese communists fault for the pandemic. How could anyone take Ray seriously after that.
I think the reason why Ray doesn't say many criticisms of the Chinese is because the media is full of criticisms and so is the general western population.
I get the sense that you're against the Chinese.
But I also get the sense that you aren't basing this opinion on a wealth of knowledge - because you've referred to them as 'communists'. Unless you're referring to pre-1970s Chinese politics, they're socialists, not communists. So i think if you dig deeper you may discover some things that you're not aware of.
Ray is afraid to criticize the “Chinese government” because he knows he’ll pay a high price and it doesn’t matter what you refer to them as. Where as he’s obviously not afraid to criticize the US government or the US citizens but that’s ok. It’s a double standard and if you don’t play by those rules you can’t get rich in China. It’s all about money! Ray uses his words very wisely when he talks about the “Chinese” because he knows he could be censored by them if he says the wrong thing. It’s the difference between free speech in the US and NO free speech in China but it’s attributed to “cultural” differences. BALONY!!! The Chinese government is authoritarian. Everyone knows those are rules if you want to get rich in China. Keep your mouth shut and don’t ask any questions!
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I’m a huge fan of Ray but the interviewers didn’t challenge Rays ideas at all! How can we accept his thesis if nobody challenges it? It was sad to see the interviewers suck up to Ray wether or not they agree with the thesis it needs to be challenged to test its validity!!! This is a common occurrence with interviewers these days!