Every world power has its time in the sun, thanks to the uniqueness of their circumstances and the nature of their character and culture, but they all eventually decline. Some do so more gracefully than others, with less trauma, but they nevertheless decline.
– from Principles for Dealing with the Changing World Order book by Ray Dalio
Tag: Quotes by Ray Dalio
America is run from the bottom …
America is run from the bottom up and optimized for the individual; China is run from the top down and optimized for the collective.
– from Principles for Dealing with the Changing World Order book by Ray Dalio