Ray Dalio explains his principles
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Ray Dalio: Principles for Navigating Big Debt Crises
Ray Dalio: Principles for Navigating Big Debt Crises
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yale.edu
So much of our current political and economic climate can be explained by debt cycles— and how those cycles build on each other over time. I explain why in my new book, How Countries Go Broke. But if you’d like more context on how all of these pieces come together, I recommend you watch my 30-minute explainer “How the Economic Machine Works” on YouTube linked in the comments). | Ray Dalio
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