(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?