Tag: Artificial Intelligence
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Dalio’s World
Ray Dalio and Thomas Friedman discuss China’s Confucianism way of thinking and how it affects China’s foreign policy. China views itself as a family and its country as an extended family. Confucianism is a top-down, hierarchical philosophy based on strict parenting. They focus on mutual respect between those who are more powerful and those who…
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Druckenmiller on AI
Investor Stanley Druckenmiller shared his concerns about the US national debt and entitlement spending, warning of the strain on America’s GDP and future investment and innovation. He also discussed the potential risks in asset markets, tightening credit, and problems in banks due to the Fed’s encouragement to buy treasuries, and he believes a hard landing…