{"id":45679,"date":"2022-05-21T12:53:20","date_gmt":"2022-05-21T19:53:20","guid":{"rendered":"https:\/\/pocketwisdominsights.com\/pwicolab\/?p=45679"},"modified":"2022-11-30T18:37:47","modified_gmt":"2022-12-01T02:37:47","slug":"why-commerce","status":"publish","type":"post","link":"https:\/\/pocketwisdominsights.com\/pwicolab\/co-lab\/pwi-co-lab-staff\/why-commerce\/","title":{"rendered":"The Real Problem"},"content":{"rendered":"\n<a name=\"content\"><\/a>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\">\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Opening Insights: Why Economies Fail<\/strong> <\/h2>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Principles for Dealing with the Changing World Order by Ray Dalio\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/xguam0TKMw8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Ray Dalio is Founder, Co-CIO and Member of the Bridgewater Board,&nbsp;which, over the last forty years, has become the largest and best-performing hedge fund in the world. Dalio has appeared on the&nbsp;<em>Time<\/em>&nbsp;100 list of the most influential people in the world as well as the Bloomberg Markets list of the 50 most influential people. He is also #1&nbsp;<em>New York Times<\/em>&nbsp;bestselling author of&nbsp;<em>Principles<\/em>,&nbsp;<em>Principles for Navigating Big Debt Crises<\/em>, and&nbsp;<em>Principles for Dealing with the Changing World Order<\/em>. He lives with his family in Connecticut.<\/p>\n\n\n\n<p>Ray Dalio\u2019s 5 guiding principles for work:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Working for what he wanted, not for what others wanted him to do<\/li><li>Coming up with the best independent opinions he could conceive<\/li><li>Stress-testing his opinions by having the smartest people finding the flaws in his thinking<\/li><li>Being wary about overconfidence<\/li><li>Good at not knowing<\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>I believe the world is changing in big ways that haven\u2019t happened before in our lifetimes but have many times in history, so I knew I needed to study past changes to understand what is happening now and help me to anticipate what is likely to happen. I shared what I learned in my book, <br><br>Principles for Dealing with the Changing World Order, and my hope is that this animation gives people an easy way to understand the key ideas from the book in a simple and entertaining way. <br><br>In the first 18 minutes, you\u2019ll get the gist of what drives the \u201cBig Cycle\u201d of rise and decline of nations through time and where we now are in that cycle. <br><br>If you give me 20 minutes more to watch the whole thing, and I will show you how the big cycle worked across the last 500 years of history\u2014and what the current world leading power, the United States, needs to do to remain strong.  - Ray Dalio <\/p><cite>https:\/\/www.youtube.com\/watch?v=xguam0TKMw8&amp;list=TLPQMjAwNTIwMjKgpWCc-xABiw<\/cite><\/blockquote>\n\n\n\n<p class=\"has-medium-font-size\"><strong>What is happening NOW???<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Loss of Free speech \u2013 Public Choices are being suppressed<\/li><li>Inflation \u2013 Value of the Dollar is vanishing<\/li><li>Tracking \u2013 Phone tracking<\/li><li>Abortions \u2013 Right to life<\/li><li>Food Shortage \u2013 Supply and distribution problems<\/li><li>Fertilizer Shortage \u2013 Can\u2019t grow crops<\/li><li>Fuel Shortage \u2013 Freedom to travel and haul food<\/li><li>Health Care is crippled \u2013 Don\u2019t care for patients<\/li><li>Water Shortage is eminent \u2013 Dams are empty<\/li><li>Electricity Shortages \u2013 Hydroelectric power is gone<\/li><li>Carbon Electricity plants are being shut down<\/li><li>Crime \u2013 Rising exponentially<\/li><\/ol>\n\n\n\n<p class=\"has-medium-font-size\"><strong>But the problem is actually much bigger than this list<\/strong> as the author explains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Informational Insights: The <em>Real <\/em>Problem<\/strong><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>A few years ago, Ray Dalio noticed a confluence of political and economic conditions he hadn\u2019t encountered before. They included huge debts and zero or near-zero interest rates that led to massive printing of money in the world\u2019s three major reserve currencies; big political and social conflicts within countries, especially the US, due to the largest wealth, political, and values disparities in more than 100 years; and the rising of a world power (China) to challenge the existing world power (US) and the existing world order. The last time that this confluence occurred was between 1930 and 1945. This realization sent Dalio on a search for the repeating patterns and cause\/effect relationships underlying all major changes in wealth and power over the last 500 years.<\/p><p>In this remarkable and timely addition to his Principles series, Dalio brings readers along for his study of the major empires\u2014including the Dutch, the British, and the American\u2014putting into perspective the \u201cBig Cycle\u201d that has driven the successes and failures of all the world\u2019s major countries throughout history. He reveals the timeless and universal forces behind these shifts and uses them to look into the future, offering practical principles for positioning oneself for what\u2019s ahead.<\/p><cite><a href=\"https:\/\/www.simonandschuster.com\/books\/Principles-for-Dealing-with-the-Changing-World-Order\/Ray-Dalio\/Principles\/9781982160272\">https:\/\/www.simonandschuster.com\/books\/Principles-for-Dealing-with-the-Changing-World-Order\/Ray-Dalio\/Principles\/9781982160272<\/a><\/cite><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Possibilities for Consideration: <\/strong><\/h2>\n\n\n\n<p>Today we are not only dealing with the shifting \/ rotating the Order of the Countries in Power but we are in the misted of the Great Reset. <\/p>\n\n\n\n<p>As you listened to his 8 factors of measurement did you notice the importance of education to innovation which creates commodities ... commerce.  This is where can rebuild our communities.... Commerce. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\">Co-Lab<sup>&#x2122;<\/sup> Institutes and Visionaries together have a responsibility to the communities they represent and serve<br>\u2013 to uphold ethical principles and ensure <br>the rebuilding of commerce to rebuild trust-based communities for stable economy... <br>not focus on the economy ... focus on the economy is the real problem.  <\/p>\n\n\n\n<p class=\"has-text-align-center\">We need to focus on <em>commerce<\/em>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Add Your Insights<\/strong>: <\/h2>\n\n\n\n<p>Take a moment and examine\u2026<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>As you reviewed the material above, what stood out to you?<\/li><li>What is the potential impact, economically and\/or socially?<\/li><li>What action is needed to stop or support this idea?<\/li><li>You may want to consider whether you: <ul><li>want to be <em>aware<\/em> of,<\/li><li>should become <em>supportive<\/em> of,<\/li><li>would want to be <em>active<\/em> in this topic?<\/li><\/ul><\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\"><em>I have been impressed with the urgency of doing. Knowing is not enough; we must apply.<br> Being willing is not enough; we must do.<\/em><br><em>LEONARDO DA VINCI<\/em><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\">Opening Insights: Why Economies Fail Ray Dalio is Founder, Co-CIO and Member of the Bridgewater Board,&nbsp;which, over the last forty years, has become the largest and best-performing hedge fund in the world. Dalio has appeared <a class=\"mh-excerpt-more\" href=\"https:\/\/pocketwisdominsights.com\/pwicolab\/co-lab\/pwi-co-lab-staff\/why-commerce\/\" title=\"The Real Problem\">[...]<\/a><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/div>","protected":false},"author":6,"featured_media":45681,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-post-stream-sbs-scroll.php","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[431,12,22],"tags":[],"class_list":["post-45679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emod-blog-3ptyvid","category-co-lab","category-community"],"jetpack_featured_media_url":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-content\/uploads\/changing-world-ordervideo.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/posts\/45679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/comments?post=45679"}],"version-history":[{"count":5,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/posts\/45679\/revisions"}],"predecessor-version":[{"id":45949,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/posts\/45679\/revisions\/45949"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/media\/45681"}],"wp:attachment":[{"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/media?parent=45679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/categories?post=45679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pocketwisdominsights.com\/pwicolab\/wp-json\/wp\/v2\/tags?post=45679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}