Ray Dalio Explains Why 2021’s Economy Is Worse Than 2008
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111K views · 1.4K reactions | 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 | Facebook
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23K views · 142 reactions | Bridgewater founder Ray Dalio on Thursday cited government credit as the leverage he is most worried about. "The devaluation, the supply and demand of that over the next three years," Dalio said. "I'm deeply concerned about that." Watch more: cnb.cx/4o9RfBD | CNBC | Facebook
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