What coronavirus means for the global economy | Ray Dalio

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"I'm a capitalist. I believe in the system. I believe you can increase the size of the pie and you could divide it well," says Ray Dalio, founder of Bridgewater Associates. He offers wide-ranging insight and advice on how we might recover from the global economic fallout of the coronavirus crisis — and use it as an opportunity to reform the systems that help grow our economy. (This virtual conversation is part of the TED Connects series, hosted by head of TED Chris Anderson and business curator Corey Hajim. Recorded April 8, 2020.)

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35 Comments on What coronavirus means for the global economy | Ray Dalio

  1. When I clicked on this video’s notification it showed the title as something about Hackathon and the guest speaker was Mark Russiver?!

  2. Thanks for talking about this argument. Lovely watching and listening to both of you from the top of the mountain of Trentino Italy. Living here as a loner, Tedx and Ted are my company. Thanks Ted and YouTube.

  3. 32:57 We now live in a world where it’s almost dangerous to publicly say thank you to those who are helping. That’s a very concerning observation.

    • I am astonished how swiftly he navigates through the social, political and economical topics, refers to relevant historical events and gently suggests possible outcomes. I am trully impressed by his eloquency and knowledge.

  4. “Are one country’s vulnerabilities another country’s opportunities?”
    And the same goes for one company’s vulnerabilities / another company’s opportunities.
    Invest in innovators: fintech, biotech, renewable energy, online services. Take a look at the top 50 holdings of ARK Innovation Fund for guidance, and choose companies with the strongest balance sheets to survive the storm. I’ve made my selections. Happy hunting.

    To all struggling with this illness I wish a speedy recovery. Thanks to all who continue to shelter in place to prevent the spread. I am a healthcare worker and am grateful for the protection that affords me, my colleagues, my patients, and my family as I continue to provide essential services.

  5. when i opened this a video i thought i wouldn’t watch it all 52 mins that’s too long but time flew by listening to it even if i don’t totally understand what they’re talking about

  6. Massive decrease in aggregate demand for everything other than groceries and sanitation products. Virtual worldwide stop for transport and tourism. Ongoing price/production war over oil. Service industry locked down. Unemployment claims spike astronomically. Stock market rises! Hummmmm!

  7. The idea that we all just need to remember to trust each other and exchange ideas respectfully after decades of the rich & powerful walking away with all the goodies is staggeringly ill conceived, to put it mildly and respectfully. Why in the world would the elites not just cover their own assets through the crisis and let the less fortunate do what-ever? Do you think they’ve become the most rich and powerful by being altruistic? Your opinions on investing may be wonderful, but you don’t seem to know much about humans in societies.

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