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General Discussion => The New Joe Montgomery Birther Pit => Topic started by: nicname on March 09, 2022, 03:15:12 PM

Title: The changing world order; how will we adjust to not being the top dog?
Post by: nicname on March 09, 2022, 03:15:12 PM: I watched a pretty interesting video last night on Youtube about the ebbs and flows of the world order. It highlighted some things as far back as ancient rome, but mostly focused on european empires beginning with the dutch. All off the world No. 1s were eventually unseated, usually after a war, but sometimes peacefully, and almost all of them were experiencing basically the same situation the US is experiencing now: debt bubbles & big wealth gaps, debt busts and big downturns (we're bandaging these), printing lots of money and credit, revolutions, wars, debt and political upheaval/restructuring.

(https://www.chandlernguyen.com/wp-content/uploads/2020/04/rough-estimates-of-relative-standing-of-great-empires-600-2020.png)

This always occurs while an emerging power is rising to the top. It doesn't seem like there is any slowing down China, and our fall seems on the horizon. Just going back thru the 1400s or so, the Dutch, French, Brits, etc. all experienced the same thing and learned to cope and survive in their role of reduced power. Can we do the same thing? Will we be willing?

The whole thing was put together by some billionaire investor and macroeconomics dude named Ray Dalio. He's using the video to push a book of the same name.

The video is below:

https://www.youtube.com/watch?v=xguam0TKMw8
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: Spracne on March 09, 2022, 03:17:39 PM: Nice quick edit before I could make a CHONGS reference.
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: nicname on March 09, 2022, 03:18:57 PM: Quote from: Spracne on March 09, 2022, 03:17:39 PM
Nice quick edit before I could make a CHONGS reference.

Almost left it in just for that.
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: CHONGS on March 09, 2022, 03:19:37 PM: How does he get those numbers for the y axis? Seems very dubious to be.
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: nicname on March 09, 2022, 03:21:31 PM: Quote from: CHONGS on March 09, 2022, 03:19:37 PM
How does he get those numbers for the y axis? Seems very dubious to be.

I think he explains it a bit in the video, but mostly wants you to :lol: buy his book to really get the nitty gritty.
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: sonofdaxjones on March 09, 2022, 03:26:24 PM: So who is he and his fund(s) betting against? He's still chairman and co chief investment officer.
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: steve dave on March 09, 2022, 03:34:25 PM: Dalio's a bigtime quant bro
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: wetwillie on March 09, 2022, 03:58:09 PM: Let’s just say he is past his prime
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: sys on March 10, 2022, 08:31:11 AM: i'm reasonably confident we'll continue to be top dog for the rest of my lifetime, so this seems like a question i can safely leave for the next generation to wrestle with.
Title: Re: The changing world order; how will we adjust to not being the top dog?
Post by: Rage Against the McKee on March 10, 2022, 08:34:42 AM: Has the top dog ever been a country that nobody in their right mind would want to live in?