Why we're in an AI bubble and what comes next: Ray Dalio, who predicted the 2008 crisis, explains the 80-year economic cycle driving wealth gaps, geopolitical conflict, and potential collapse. He identifies five forces reshaping economies and reveals which assets protect your wealth when systems fail. Bubbles burst when investors with borrowed money must suddenly sell assets to pay debts, causing cascading price collapses and widespread unemployment that harms real people through job losses and reduced spending.