Ray Dalio | The All-In Interview

2778.637 - 2799.066 David Friedberg

I just want to kind of voice over again, you highlight that there are four actions. One is increased taxes. So obviously, citizens are going to lose assets and lose income. So there's a loss to the citizens when this happens. Cutting spending or austerity. And there's obviously a loss of services by the government provided to the citizens. So the citizens are going to lose services.