Bridgewater Associates Founder Ray Dalio on reforming capitalism

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CNBC Television

Күн бұрын

Bridgewater Associates Founder Ray Dalio has made billions through the buying and selling of securities but he surprised many by saying capitalism is not working and that income inequality is a national emergency. Dalio says that one of the biggest problems facing America is the falling standards in public schools. He and his wife have pledged $100 million to Connecticut public schools. He and Connecticut Governor Ned Lamont join "Squawk Box" to discuss his comments and his donation.
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Пікірлер: 459
@DharmaTime-is-now
@DharmaTime-is-now 5 жыл бұрын
"Can we do this without interruptions?" Seriously, CNBC, w-t-f?
@theodorebusche7325
@theodorebusche7325 5 жыл бұрын
Every two seconds Joe!!!! SHUT UP!!!
@ShivaShaktification
@ShivaShaktification 5 жыл бұрын
don't you know Joe Kernan has been anointed by his superiors (who are yelling what he's supposed to say, in his earpiece from the CNBC control room) , as the *crusading capitalist knight* who's sworn oath and holy duty is to constantly interrupt and shout down ALL guests who dare challenge the status quo and interrupt the cheer-leading of the running of the bulls for one mere millisecond, @@theodorebusche7325 ??
@DegenerateSpeculator
@DegenerateSpeculator 5 жыл бұрын
Smart man, no middle class, no economy
@cranklesnacks
@cranklesnacks 5 жыл бұрын
Really hard to watch! The grandstanding buffoonery of these hosts is vomit worthy. To CNBC, you know there’s a guest here, Ray Dalio, want to let him speak??
@sharatrunsalot
@sharatrunsalot 5 жыл бұрын
That was the first time I saw Ray Dalio call him out. He is a patient guy but he met his limit that day lol
@user-vy6tv4mn1q
@user-vy6tv4mn1q 5 жыл бұрын
Wish the hosts would stop interrupting Ray
@scottsimmons9296
@scottsimmons9296 5 жыл бұрын
It's just that one dude who ruined the whole conversation
@vester2196
@vester2196 5 жыл бұрын
Seriously, they need to fire that Joe guy asap
@kaidcollins9876
@kaidcollins9876 5 жыл бұрын
Vester from my perspective and as my opinion: he just had differing points and didn’t want to respond to ray’s tactic trying to box him into micro agreements. I hear what you’re saying but personally I value the differing perspective. As a consumer of this material, I ask they not fire him.
@claudioramirez7956
@claudioramirez7956 5 жыл бұрын
Vester 100% agree. Show some respect. It’s a debate not a fucking argument.
@marcuslance5883
@marcuslance5883 5 жыл бұрын
Vester Joe was very rude to Warren Buffet when he was being interviewed. Joe was talking nonsense over Buffet and constantly interrupting him. Same here with Dalio, this Joe guy is full of himself.
@Chriz301
@Chriz301 5 жыл бұрын
CNBC would be better off getting rid of Joe. Ray for sure is one of the brightest guy as it comes to investing. But even without his reputation it is unpolite to interupt ppl like Joe does.
@jaidancraig
@jaidancraig 5 жыл бұрын
CNBC turns interviews into debates, they need to change their structure.
@yeezy8596
@yeezy8596 5 жыл бұрын
Who the hell does Joe think he is? Rude guy. Get him out
@aaronwhite3119
@aaronwhite3119 5 жыл бұрын
How am I suppose to understand this guy if Joe won't shut up?? Joe's job description must be to gin everything up. God let the guy talk. Yeah America's got a be beautiful system that can only realistically be said to benefit the top 10% at most and even more the very top .1%. The point highlighting incarceration rates drives the point home. How can you say we're a great country when US rates are 5 times > than the next closest country. WTF??? That's a societal issue.
@rmondave
@rmondave 5 жыл бұрын
Joe has a good argument --It's a real head-scratcher how Ray Dalio ignores the combination of the 1965 Immigration Act and the hordes of sub 85 IQ Chain migrants filling our country, Second, the unionization and public school tenure System creating failed schools, and failed family values, illegitimacy rates of 75% fatherless homes etc. where is this guy coming from? Oh that's right Greenwich Connecticut where he has no contact with the reality of our society.. I guess he's never been out of his plush offices to see what really is going on? Please ask him if he thinks LBJs Great Society PROGRAM was a gift or a curse? and based on that answer either continue to interview him or IMO Usher him off the stage.
@1life857
@1life857 5 жыл бұрын
@@rmondave You're too ignorant!
@mintheman7
@mintheman7 4 жыл бұрын
@@rmondave LOL, you must have good data to back up your claim of somehow immigration lowers IQ of this country? Or union in public school system is the cause of under performance, instead of the severe under funding of almost every secondary education system in this country? Turn off Fox News before it rots your brain beyond repair. Ray's point was there are opportunities that were available to majority of the population back in his day that are no longer available. For example college education became too expensive. The cost of college has risen 500% since even the late 80's. There are 70,000 high paying tech job vacancies in this country that can not be filled right now because the lack of qualified candidates, yet morons like you can somehow turn it into an immigration issue.
@Dedicated_.1
@Dedicated_.1 2 жыл бұрын
@@rmondave a chain of dumb arguments. Dalio was on point here.
@christianroman780
@christianroman780 5 жыл бұрын
Joe, OMG, just get a job with Fox Business News already, jesus!!!
@junskey
@junskey 5 жыл бұрын
lmao, seriously!
@bachiano1
@bachiano1 5 жыл бұрын
BTW - these CNBC guys really messed up . Specially Joe Kernen. He is supposed to be a journalist. But in this segment he was trying to come across as an expert. Big Fail.
@eyoutube1
@eyoutube1 4 жыл бұрын
Journalist 😅
@MattCommins
@MattCommins 5 жыл бұрын
I bet Joe didn't even read Mr. Dalio's article.
@ttc744
@ttc744 5 жыл бұрын
Correct he can’t read. His mouth is too big
@dougcasey6117
@dougcasey6117 5 жыл бұрын
@@ttc744 Yeah and it's stuffed with right-wing corporate political influences penis!
@rmondave
@rmondave 5 жыл бұрын
Joe has a few strong points. It's a real head-scratcher how Ray Dalio ignores the combination of the 1965 Immigration Act and the hordes of sub 85 IQ Chain migrants filling our country since then., Second, the unionization and public school tenure System creating failed schools, and failed family values, illegitimacy rates of 75% fatherless homes etc. where is this guy coming from? Oh that's right Greenwich Connecticut where he has no contact with the reality of our society.. I guess he's never been out of his plush offices to see what really is going on? Please ask him if he thinks LBJs Great Society PROGRAM was a gift or a curse? and based on that answer either continue to interview him or IMO Usher him off the stage.
@luisv491
@luisv491 5 жыл бұрын
Ray’s understanding is very deep. You need to give him time to unpack his answers as there are many variables involved.
@ukwonyedue
@ukwonyedue 5 жыл бұрын
His ideas are very shallow...
@catiex8826
@catiex8826 5 жыл бұрын
they're actually not regarding education and 'broken capitalism'. he has the standard american mentality of 'throw more money at a problem and that fixes it', the people who he wants to help so badly dont want to learn. he tells the sob story of breaking a pencil in half to share it, i went to a top public school where innercity kids came as part of a program and they would just break the computers and stuff the culture in the US has to change, especially the black culture, there's a reason why mud hut students who learn on chalkboards in india/china are able to run circles around the average US student His view of 'im a byproduct from the good days when there was equal opportunity', there is more equal opportunity now than before, but he lacks or chooses not to understand that and instead thinks throwing $100mm at a school system will suddenly change what students think... either part of some scheme to make $ or he's really just that out of touch with reality on this subject
@4thyrstorage899
@4thyrstorage899 2 жыл бұрын
@@ukwonyedue deep understanding needs the clear structure and system of shallow ideas
@blessedspear2642
@blessedspear2642 5 жыл бұрын
Dalio.... lmao laying the hammer down on Joe Joe wouldn't last 2 seconds at Bridgewater
@notmyname123because
@notmyname123because 5 жыл бұрын
blessedspear also not in my world
@tinagupta3855
@tinagupta3855 5 жыл бұрын
Joe interrupts. And, unfortunately he does not contribute valid points.
@mahabharat4985
@mahabharat4985 5 жыл бұрын
It's hard to watch.
@Big_Nuke
@Big_Nuke 4 жыл бұрын
Joe"s points were very valid
@Dedicated_.1
@Dedicated_.1 2 жыл бұрын
@@Big_Nuke Literally none of them were, the ultra capitalist system was Ray dalios point which is obviously embroiled in tax policy, education etc. Joe missed the point massively.
@RajatSharma-nd2wi
@RajatSharma-nd2wi 5 жыл бұрын
Seriously W-T-F. If you can't let someone talk and talk on the same terms, they maybe shutdown your click-bait-drama mongering news.
@raekm
@raekm 5 жыл бұрын
What a hostile interview. They didn't allow him finish a single answer
@marcuslance5883
@marcuslance5883 5 жыл бұрын
vrmkk How dare they show such disrespect to Ray Dalio. CNBC should be ashamed of its hosts and interviewers.
@davidkwilson51
@davidkwilson51 5 жыл бұрын
Joe, “Seek first to understand, then to be understood.”
@Joe-vf2cx
@Joe-vf2cx 5 жыл бұрын
CNBC has some of the rudest and disrespectful interviewers of ever seen. They come off very ignorant. I'm not even sure if they would be in business if it wasn't for the simple fact they post prices of stocks. They're better off not having people on their broadcasting and just leaving the price action. Definitely switching to Bloomberg.
@conduit242
@conduit242 5 жыл бұрын
Dalio’s face when Joe mansplains what Capitalism is 🤣🤣🤣 3:16 - 3:32
@RajatSharma-nd2wi
@RajatSharma-nd2wi 5 жыл бұрын
"I don't really understand what we are arguing about" - Ray Dalio. Thanks for the crystal clear STOP to the BS.
@derangedhermit2879
@derangedhermit2879 5 жыл бұрын
They were in all actuality arguing if the cananabalistic inequality and widespread US injustice and greed of vulture capitalism even exists, to any effective degree, the host obfuscating and pivoting the conversation to the far edges of common sense logic and reason as a lack of defense of economic effects of these drastic cuts to public education, even though the interruptive host Joe wells knows how the dystopia formerly known as U S of America was historically built by heavily taxing the wealthy, as Joe well understands if his advice is even worth listening to financially, cowering behind his bluster of his territorial rhetoric, that there is unequivicually, no other single arbitrage investment opportunity pay outs in spades, in filling up a given countries future treasury coffers like investing in educating the people does?...8)
@1life857
@1life857 5 жыл бұрын
@@derangedhermit2879 Excellent comment, thank you for sharing your knowledge!
@jaidancraig
@jaidancraig 5 жыл бұрын
Why does Ray put up with these chumps?
@jonaskleiber2641
@jonaskleiber2641 5 жыл бұрын
Great interview by Ray Dalio. But CNBC, seriously, please kick the interviewer
@Joe-jc5ol
@Joe-jc5ol 5 жыл бұрын
13:13 "if you'll give me a chance to answer I will answer" lol burn
@mohammadadaileh6218
@mohammadadaileh6218 4 жыл бұрын
lol I was looking for this comment, his face was like " if you shut up I will answer"
@ooohhh4178
@ooohhh4178 5 жыл бұрын
Great Job Ray! Why does Joe Think Public education & Gov. Policies Aren't part of Capitalism? IS THE PUBLIC POLICIES IN USA DONE THE CAPITALIST WAY OR SOCIALIST WAY? PART OF CAPITALISM "IS THE WAY WE DO PUBLIC POLICIES..." (which is different than the socialist way of doing it... ) Thought you Guys are smarter...
@catiex8826
@catiex8826 5 жыл бұрын
is it a great job? kids who learn on chalkboards in dirty schools in india/china can destroy students from the US... why is that if money is the problem? perhaps, money is NOT the problem hmm? 🤔
@anssmadrid9937
@anssmadrid9937 5 жыл бұрын
@@catiex8826 I think because of the existence of the middle class or the absence of the wealth gap mentioned.
@RootsReggaeRocks.
@RootsReggaeRocks. 5 жыл бұрын
The problem with this whole situation is that Mr. Dalio is debating the wrong people. Fact is, you don't discuss football with cheerleaders, and I think the same thing applies to capitalism. He's having a very deep and fundamental. debate with cheerleaders. CNBC on air personalities have very limited insights about the fundamentals of capitalism.
@conduit242
@conduit242 5 жыл бұрын
When Dalio owns Joe like a BOSS at 6:30
@CryptoHustleLive
@CryptoHustleLive 5 жыл бұрын
The joe guy has a brain of an average joe
@seeplush8309
@seeplush8309 5 жыл бұрын
Nipsey Hussle was saying something like this. 🤔
@marioromanproduction
@marioromanproduction 5 жыл бұрын
RIP
@marioromanproduction
@marioromanproduction 5 жыл бұрын
Good to see a Hussle fan on a video like this
@mikefatah
@mikefatah 5 жыл бұрын
Joe has managed to get more close-minded each year he has been with CNBC!
@BRuane-pw6xq
@BRuane-pw6xq 5 жыл бұрын
His mind believes in GOP Capitalism the kind that gave us 8 of last 9 , soon 9 of 10 , RECESSIONS. GOP is inept record speaks for itself. You are your record no complaining no explaining.
@peterwilson9327
@peterwilson9327 5 жыл бұрын
Joe, let him speak. Ray knows more than you do.
@massimom9685
@massimom9685 5 жыл бұрын
I'm on the same boat to have Joe interrupt less (not necessarily fired), but did anyone notice his mannerisms? As soon as Dalio shuts him up he practically pouts and completely ignores what the guest is saying..... Seriously shows a lack of respect towards the guest and if I were Ray, I wouldn't come back to CNBC.
@Conqueror92_
@Conqueror92_ 5 жыл бұрын
Joe should leave! He is disrespectful, aggressive and does not understand how to behave with guests.
@noahoxley6
@noahoxley6 5 жыл бұрын
I disliked this as a result of that very rude man interrupting. This was an interview, not a debate. You are a news anchor, you don't know anything. Sit there and learn from one of the best in the business.
@hjchew9810
@hjchew9810 5 жыл бұрын
Wow I’m so angry with the anchors no respect to this amazing man
@user-vy6tv4mn1q
@user-vy6tv4mn1q 5 жыл бұрын
I don't think more money in education is the solution. The States spend more money per student than any country in the world yet the result is still uneducated students. The problem is school policy and unionized teachers, no child Left behind policy, etc... Poor education policy is responsible for how ineffective the public school system is
@mp517q
@mp517q 5 жыл бұрын
Read his article.
@worldshaper1723
@worldshaper1723 5 жыл бұрын
It seems like the most respected hedge fund menager in wall street agrees with Bernie Sanders. I'm voting Bernie.
@AliasHSW
@AliasHSW 5 жыл бұрын
World Shaper - have you looked up Andrew Yang yet? Check out his website and interviews. It echoes more closer to Dalio’s message Politicians like Bernie run for the next term. Andrew Yang runs for the future! MATH = Make America Talk about Humanity F(x)irst #HumanityFirst #YangGang #Yang2020
@evolutionschildren
@evolutionschildren 5 жыл бұрын
I've said it in other social media. We are squandering our children's critical developmental window and wasting the best of psychology on sales and marketing. With a spouse who teaches and as a product of our public education system. Yes, education is super broken. We need improvements as far upstream as possible. Pre-K education for ALL with dual language immersion opportunity. The human brain is the most valuable thing. Let's treat it as such from the very start and pay those feeding it appropriately. The farther downstream we intervene the less impact and more costly. Early identification! Early intervention! Please, take action.
@tomjefferson7927
@tomjefferson7927 5 жыл бұрын
Unregulated capitalism doesn't work for those near the bottom when most of the monies/dollars/sheckles/rubles have been siphoned to the top. #EconomiesOfScale
@PaulRayProductions
@PaulRayProductions 5 жыл бұрын
Ok so Joe needs to relax & let his guest speak.. This has been going on for awhile on CNBC and it’s getting annoying.. Having said this, I’m surprised that Joe still can’t read between the lines. In my view, Ray D has a history of speaking in a manner to which it’s up to the viewer to draw his own conclusions. This may be frustrating, but Ray is an extremely calculated person and is very careful what he says on TV. My opinion however, is that Ray believes capitalism is broken (needs to be reformed) & has gotten worse since the Great Financial crisis. Since 2008, TARP, QE1/2/3 it’s been socialism for the rich & capitalism for the poor.. Capitalism allows failures to take place, which then gets replenished buy the savers who get rewarded. Capitalism allows the greedy to pay the penalty for their greed, and the savers to capitalize on the failures of the greedy and this is how people move along the social scale. America was built on this principle of small Gov and power to the people through, life, liberty and property.. We are starting to see the consequences of this 2008 bailout which was not just for the banks, but for greedy which were not allowed to fail and now the people are turning to socialism as the answer.. they are trying to suck money out of the rich to pay for the socialist programs that will just make worse.. It’s all part of the “economic cycle” video I would highly recommend people watch, to which Ray outlines very cleverly how our system works.. ✌️
@The_General_Zubas
@The_General_Zubas 5 жыл бұрын
13:00 It was Hime Values collapsing in the 2008 crash thay really hurt things. Because Home value is taxed for schools. So School funding is 100% and economic issue, that is incorrect.
@peterjeong
@peterjeong 5 жыл бұрын
The coworkers are like... chill dude. The guy has to realize he’ll buy nbc just to fire you. Literally. Lol.
@wenkaiyang1487
@wenkaiyang1487 3 жыл бұрын
It is so annoying that they interrupted Dalio's thoughts. I am here to listen to Ray Dalio not you.
@The_General_Zubas
@The_General_Zubas 5 жыл бұрын
23:00 my school district did a tom of that. Lots of mt classmates got kickass job's. You gotta get them dreaming a realistic dream job. So everyone doesn't wanna be a rockstar. Lol.
@GetMikeNyce
@GetMikeNyce 5 жыл бұрын
The hosts really dropped the ball with this entire interview , Grade: D-
@fisherking-vk6pk
@fisherking-vk6pk 5 жыл бұрын
The American dream was possible all because FDR' 90% marginal tax rate. He did it to save capitalism as he put it. We have to do this again to save the country some day because our current system see everything as pure business.
@paddioche
@paddioche 5 жыл бұрын
Joe's being told in his ear piece to behave that way, the producer's in the control room felt threatened By Ray bringing up problems with capitalism
@The_General_Zubas
@The_General_Zubas 5 жыл бұрын
24:37 Yup. If we don't talk about this stuff then we will regret not saying anything.
@100perdido
@100perdido 5 жыл бұрын
Dalio could have made his point if he had turned at 21:23 and pointed to that squad of riot cops walking past the window and said: "See. That is what's coming if you are too stupid or ideological to fix capitalism".
@mohammadadaileh6218
@mohammadadaileh6218 4 жыл бұрын
13:13 Dalio's face was like " if you shut up I will answer"
@tomduan2941
@tomduan2941 5 жыл бұрын
This is immensely frustrating to watch, on one hand we have hedgefund legend Ray Dalio trying to talk some sense, and on the other hand Joe Kernen forgot to take his medications for the day. Let the man talk before you squawk nonsense, good grief
@cesarcossio4042
@cesarcossio4042 5 жыл бұрын
Haha Joe has had a problem with Ray for years now.
@sangikshuffle
@sangikshuffle 5 жыл бұрын
Sorkin is the only one asking thoughtful questions
@yannikaye3778
@yannikaye3778 5 жыл бұрын
They do not let guest talk...look they have 3 people talk to one guest, my god ! lol.
@The_General_Zubas
@The_General_Zubas 5 жыл бұрын
17:38 the Public Private Partnership. Now that would make a good charter school. And a Lot of things. The PPP literally saved Copenhagen. Theres a Report from a few years back. Everyone should look into it. Bevause that's excatly what Elon Musk is doing with SpaceX and NASA right god damn now.
@ChannelNews1
@ChannelNews1 5 жыл бұрын
Kernen is right. Dalio provides no solutions as to how to "capitalism is not working." The reason is, because capitalism doesn't need to be fixed. It's already been mostly destroyed. The government already has socialized a lot of medicine and education. Almost half of all americans already receive some sort of government subsidy. The government already tried to invent the wheel of it's war on poverty and the great society in the 60s which was a total disaster. It not only created more poverty but all the spending led to the inflationary disaster of the 70s. This is all socialism. Not capitalism. The problem isn't capitalism, the problem is the lack of capitalism. Dalio's only fix is raising taxes on the rich. Wonderful. So that means the government can get more money to waste. They got plenty of money in their war on poverty and subsidizing healthcare and the education system. Look how that turned out. So he wants to send the heavy handed, thoughtless, monopolist, corrupt government comprised of a bunch of a politicians who are serving their own interest more taxpayer money? How is that a solution? Lastly, Dalio is worth about 15 billion dollars. He and his ancestors will never go through all that money. If he is so disturbed about income inequality, why doesn't he put his money where his mouth is? Why not empty out some of his accounts and send them to poor people in need? Why does he retain all this wealth and at the same time suggest others send money to the government to waste? Someone should tell Dalio that it's socialism and too much government that's causing income inequality.
@MorriganzKO
@MorriganzKO 5 жыл бұрын
CNBC has become trash, can't find an interview that's not smothered in interruptions
@fredfrond6148
@fredfrond6148 5 жыл бұрын
Ray Dalio should tell CNBC no more interviews if joe Kernan is on. I am only going to Bloomberg to get interviewed by TOM Keene because he interrupts but at least he stays on topic and has funny jokes.
@purpleshrinebeat
@purpleshrinebeat 5 жыл бұрын
when you treat people like peasants don't surprised when they break out the pitchforks
@jocycles
@jocycles 5 жыл бұрын
You are so right on on what the US capitalism is doing for the people. It's not about being pro-communism but, exactly, what outcomes we are actually witnessing in our current society and why a reform is really something that we need to look into at this point. There is too much polarization and that is creating too much inhumane social tension.
@samid1265
@samid1265 4 жыл бұрын
Great conversation. Much needed.
@kenvischi1047
@kenvischi1047 5 жыл бұрын
The way of thinking of this man is just incredible ..... practical, logical , rational , simple, effective and unbiased....he dissects every issue with the accuracy of a surgeon and solves it.
@206pm
@206pm 5 жыл бұрын
Ray tried to brush that $22,000,000 tax subsidy he got under the rug. Why not talk about that charge to the middle class and how it relates to income inequality and low funding of schools for the nation?
@MetalBum
@MetalBum 5 жыл бұрын
OK ray is saying this in the wrong way. Capitalism does work as a whole. It worked for him and bridgewater lol
@MetalBum
@MetalBum 5 жыл бұрын
10:00 these are actually good questions that people usually don't ask Ray Dalio. I mean i get it I love his books especially the Principals, but he should be questioned when after he made his fortunes using the capitalism system then now wanting to change it after he has profited from it. To be honest he says that the capitalist system helped him keep his workers jobs local to Connecticut which is in turn saying Capitalism as it is worked for him.
@biskit7
@biskit7 5 жыл бұрын
Dalio should be a politician, never seen someone speak so much and say absolutely nothing.
@kuojimmy1506
@kuojimmy1506 5 жыл бұрын
If you don’t want to be the one asking the questions, don’t become a journalist
@notmyname123because
@notmyname123because 5 жыл бұрын
Taxing reach will not help, controlling government and firing most of the bureaucrats may help. Tax reach and state will spend everything is a ultimate inefficient way and will borrow more by guaranteeing repayment with future tax from reach
@notmyname123because
@notmyname123because 5 жыл бұрын
but Ray can’t say it, he has to be politically correct
@wenkaiyang1487
@wenkaiyang1487 3 жыл бұрын
As we address the inequality issues, we should also consider to reshape the US culture.
@JORDIIMusic
@JORDIIMusic 5 жыл бұрын
Much respect to you Mr Dalio!
@beau6113
@beau6113 4 жыл бұрын
Good thing they invited a super smart guest on so that one of their hosts could just continually interrupt him.
@BAdventures
@BAdventures 5 жыл бұрын
Gosh the whole interview is heated, but I'm glad they showed it. These are the discussions we're suppose to be having. You don't have to agree. Just let the guests speak and share their points.
@Jonas-il2me
@Jonas-il2me 5 жыл бұрын
"Professional billionaire capitalist debates issues of capitalism with rude journalist" fixed the caption.
@BillyJStorm
@BillyJStorm 5 жыл бұрын
Hmmm sounds like a Value Added Tax would do well...
@sangikshuffle
@sangikshuffle 5 жыл бұрын
Joe makes me angry. He just wants status quo. He’s fine with rich getting richer and poor getting poorer in the name of capitalism
@TylerValendza
@TylerValendza 5 жыл бұрын
It sucks that these clowns we're just interrupting the whole time. This is a perfect example of why longform podcasts have replaced traditional media.
@yesismemomnahjustyouimagin3494
@yesismemomnahjustyouimagin3494 5 жыл бұрын
Roy explaned thatz because of the incentive of capitalism through money, if you use that, to solve a problem, which is caused by the same incentive there's no solution to that problem, and the reporter cannot see why it need change?.
@edjjhsu
@edjjhsu 5 жыл бұрын
I love how Ray Dalio shares his thoughts and principles to the public. But I also can’t help but think he’s part of the problem. Main Street savings has helped fuel the growth of the capital markets, but the regular worker hasn’t reaped the benefits of the Wall Street players. I feel that we see this cycle repeat in healthcare as expensive participation by the average citizen is required to the benefit of the healthcare giants.
@sumitagg1
@sumitagg1 5 жыл бұрын
He sees what he wants to see. The reality is that the share of government of the national income is now over 40%
@keevancrawford6708
@keevancrawford6708 5 жыл бұрын
We print money for the military; don't need capitalism to improve schools, etc.
@financeforwardwithdaniel
@financeforwardwithdaniel 2 жыл бұрын
can we do this without interruptions, this man is absolutely genius
@keevancrawford6708
@keevancrawford6708 5 жыл бұрын
Way to plug someone else's book that fits your narrative while having a guest on that is challenging that narrative.
@nickbarone6206
@nickbarone6206 5 жыл бұрын
All of the examples that guy gave can be directly contributed to income inequality
@mf733
@mf733 5 жыл бұрын
Ray means well, undoubtedly. However, the nature of the problem, which he has successfully identified imo, is a reflection of the problem itself; namely the fallibility of those charged with the addressing of the problem ( as I understand it, the obligation to the youth). So with that said Ray, as well meaning as he may be, and as talented he is with understanding it in a engineering sense, not to mention his incredible access to means, will not and cannot be sufficient. As this is a problem with it's roots in the makeup of man, rather than the financial skeleton of the existing funding model. Hire me.
@The_General_Zubas
@The_General_Zubas 5 жыл бұрын
14:50 SPOUCING? more like someone else iS SEETHING.
@dougcasey6117
@dougcasey6117 5 жыл бұрын
He is speaking Keynesian economics, frankly, I think that is policy-wise to little to late we have to aim at revolutionary economic shifting nationally on a cultural level.
@eyoutube1
@eyoutube1 4 жыл бұрын
Ray Dalio doesn't have to speak to them. He could care less. But they interrupt anyway like he's some average Joe.
@ABC2007YT
@ABC2007YT 5 жыл бұрын
Let the legend talk!
@leonardmatsumura460
@leonardmatsumura460 5 жыл бұрын
I wanna see Ray Dalio and Andrew Yang talk about capitalism with Joe on the side😆
@FineFlu
@FineFlu 5 жыл бұрын
Ray needs a patreon or some other podcast environment where he can think aloud and construct a fully formed opinion without being interrupted.
@Robrob007
@Robrob007 5 жыл бұрын
The guy that keeps interrupting is Right but should let Dalio speak the whole point.
@douglasmillar7560
@douglasmillar7560 5 жыл бұрын
totally agree Ray. We need to take a step back from time to time and see if the system is aligned with the main goals of society which presumable include improving quality of life for a broad section of society. Technological and other advancement in efficiency should not be feared due to job losses, the system (if working) should enable these achievements to work on behalf of our larger social goals. It seems there is a growing misalignment between the system and societal goals that will only worsen as the extent of automation increase. There are some that believe the free market will solve everything. My take from what your saying is that you think that is not the case and if so Im with you on that.. side note:-Capitalism, Socialism these words are charged with emotion and thus can distract from the discussion, as seen in video..maybe best invent some other the terminology.
@kylelougnot
@kylelougnot 5 жыл бұрын
The problem is that people who are on par with Ray Dalio intellectually are able to use technology to concentrate wealth from the hands of the many to the hands of the few. If the lower 60 to 80% feel they can’t win revolution will ensue. This is evident with the rise in populism.
@biskit7
@biskit7 5 жыл бұрын
no mention that the education system in the US is run by Unions,,, there is the problem if you want to talk about education in the US...
@Furtivo95
@Furtivo95 5 жыл бұрын
This is hard to listen to. We need Anand as a counter point because he speaks clearly and knows how to hold an audience.
@mercatusactio5836
@mercatusactio5836 5 жыл бұрын
Joe contributes some good counter points and valid follow-ups questions instead of letting Dalio go on his soliloquy for the entire interview. Don't know why people get triggered because somebody shows a little push back on what Dalio is saying. A little debate makes things more interesting and meaningful
@mp517q
@mp517q 5 жыл бұрын
They’re not follow up questions when their mid-answer
@TimvanHelsdingen
@TimvanHelsdingen 4 жыл бұрын
Fire this interviewer already. Why invite ray over if you're just going to talk through him.
@felixvelo
@felixvelo 5 жыл бұрын
As these folks talk about what they can do in school system I did not once hear about the parent involvement in this process. If you want a kid to excel in school start at the home. This is no secret, why don't we talk about it.
@danielkruger4305
@danielkruger4305 5 жыл бұрын
Exactly what do you expect parents to do when they are the product of a failing education system?
@canadiannnn
@canadiannnn 5 жыл бұрын
Gotta respect ray for his patience
@flyingreins
@flyingreins 5 жыл бұрын
Rich people and profitable corporations need to pay their fair share of taxes. When taxes were higher for them there was less inequality. Also wages are way too low. The poor and middle class spend their money fueling the economy. The wealthy and corporations engage in tax avoidance and have had their taxes cut. Their contribution to the economy is less and less over time.Dallio is right when he says that it is simple.
@jamiekloer6534
@jamiekloer6534 5 жыл бұрын
How do you fix the breakdown of the family. One of biggest problems.
@hayashileo1159
@hayashileo1159 5 жыл бұрын
You invite someone to share gis ideas and then interrupt him and dont let hime talk, what the hell
@remillkd
@remillkd 5 жыл бұрын
The Practical Reality is pulling together.
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