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Great Explanation of how the Economy works
Posted on 9/24/13 at 9:32 am
Posted on 9/24/13 at 9:32 am
By Ray Dalio
LINK
His talk on long term and short term debt cycles is great. He also points out how an economy also increases at the rate it's productivity increases with debt cycles causing bubbles.
LINK
His talk on long term and short term debt cycles is great. He also points out how an economy also increases at the rate it's productivity increases with debt cycles causing bubbles.
This post was edited on 9/24/13 at 11:17 am
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