Ray Dalio's Point of View on Wealth Taxes

What is your take on wealth taxes in the US. Because that's a manifestation of this issue. It >> it's a manifestation of the issue, but it's also very important.How do bubbles burst. Okay, bubbles burst. There's a difference between wealth and money.You can easily make wealth. Wealth is like um I raise $50 million with a billion dollar valuation on on a stock. It's only 50 million comes up, but I'm a billionaire.And then that's a billion dollars in wealth. Now, you know what pops bubbles. What pops bubbles ...