A Legendary Investor on How to Prevent America’s Coming ‘Heart Attack’ Why Ray Dalio is bearish on the U.S.

Supported by interesting times A Legendary Investor on How to Prevent America’s Coming ‘Heart Attack’ Why Ray Dalio is bearish on the U.S. I feel that lately we’ve been having an “end of the American empire” moment. In part, I think it’s the stalemated war in Iran. In part, it’s the strain that Donald Trump is putting on American alliances. And in part, I think, it’s a sense that our biggest rival, China, is sitting back, biding its time, and waiting for the collapse. My guest this week has been on this beat for a while now, and he has a grand theory of history that predicts that America is headed for a fall. He’s kind of an unlikely Cassandra. Ray Dalio built one of the world’s largest hedge funds, Bridgewater Associates, from the ground up. But these days, he mostly wants to talk about our imperial decadence, and whether there’s anything we can do to pull the American empire back from the brink. Below is an edited transcript of an episode of “Interesting Times.” We recommend listening to it in its original form for the full effect. You can do so using the player above or on the NYTimes app, Apple, Spotify, Amazon Music, YouTube, iHeartRadio or wherever you get your podcasts. Ross Douthat: Ray Dalio, welcome to “Interesting Times.” Ray Dalio: Thank you. It’s interesting to be in interesting times. Related Content Advertisement