This talk was recorded live at the All-In Summit 2023 at Royce Hall on UCLA’s campus in Los Angeles

(0:00) Besties welcome Ray Dalio to AIS! (2:30) Debt, economic policy, war and peace, catastrophic events, and the decline of empires (11:00) China, Plato, autocracies, and the changing world order (17:30) Ray’s assessment of China’s assessment of the “big storm rising” (23:20) “Radical disorder” over the next five years (30:36) Is America a late-stage empire – and is decline inevitable? (33:59) Reform, climate change, education, and the opportunity gap (36:40) “A strong middle,” bipartisanship, and a Manhattan Project-style structural engineering project (38:57) JCal’s call to action: President Dalio in the arena?