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Post by djhemp on Aug 1, 2014 16:39:42 GMT -5
In a world of central banks, we may as well understand how it all works. This is fantastic. It is created by the billionaire Ray Dalio who owns the hedge fund Bridgewater Associates. I think we're in that "beautiful deleveraging" phase and some days it doesn't seem so beautiful. Think we're at the end of it though. See here - server.capgroup.com/capgroup/action/getContent/file/GIG/North_America/Market_Insights/Capitals_Views/MI_05_2014_US_Financial_Cycle_CG.pdfIt is based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.
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