Ray Dalio | The All-In Interview

4211.779 - 4239.881 Ray Dalio

So that's how they fight wars. That sounds like a smart way to fight wars. Also, international relations, there's what's called the tribute system. And the tribute system was your power determines where you are in your hierarchy. If you have more power, you have more hierarchy. You're higher in the hierarchy. It's like Confucian. And everybody should know what each other's power is.