Centralized Control
Lex Fridman characterized the leadership as being surrounded by "yes men" and having a lot of centralized control. Ray Dalio clarified that the characterization was too black and white, and that there is a collective leadership at the top with jockeying for power. He compared it to the situation in the United States with the Democrats and Republicans having to work together.In this clip
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Lex Fridman Podcast
Ray Dalio: Money, Power, and the Collapse of Empires | Lex Fridman Podcast #251
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