A Legendary Investor on How to Prevent America’s Coming ‘Heart Attack’

A Legendary Investor on How to Prevent America’s Coming ‘Heart Attack’

From Interesting Times by New York Times Opinion

May 7, 2026 · 51 min

About this episode

Ray Dalio discusses the patterns that may lead to the decline of the American empire.

A stalemated war. Fractured alliances. A rival waiting in the wings. It feels to me that we’re having an “end of the American empire” moment. My guest this week, Ray Dalio, is an unlikely prophet of doom — the billionaire Bridgewater investor conquered Wall Street by studying history and mastering global trends. He foresaw the 2008 financial crisis,and these days he’s warning that the U.S. is repeating the patterns that ended great empires of the past.

People in this episode

Host: Ross Douthat

Guest: Ray Dalio

Topics covered

  • American empire
  • financial crisis
  • global trends
  • investing
  • history
  • geopolitics

Keywords

  • Ray Dalio
  • American empire
  • financial crisis
  • investing
  • global trends
  • history

Mentioned in this episode

Organizations: Bridgewater, New York Times

Places: America

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