What if Ray Dalio is right? Is another Great Depression in the US possible?
Ray Dalio has predicted that the US may be on the verge of another Great Depression caused by a “Big Debt Cycle.”
In this video we:
1) Summarize and explain in easy to understand terms his “Big Debt Cycle” theory
2) Analyze if his theory is plausible
3) Ask if the US really is at risk of a financial crisis
This is the first episode in a series on Ray Dalio and his book “Principles for Navigating Big Debt Crises.”
Credit to : What the Rich Learn
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