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 video is a commentary on Ray Dalio and his book "Principles for Navigating Big Debt Crises.”
THE COMPLETE SERIES IN ONE VIDEO: At viewer request, this video includes all 4 episodes of the Ray Dalio Series recut into one video.
Recommended Books To Learn More:
As an Amazon Associate I earn from qualifying purchases. #CommissionsEarned
Principles for Navigating Big Debt Crises by Ray Dalio
https://amzn.to/3sbNiWd
A Random Walk Down Wall Street by Burton G. Malkiel
https://amzn.to/3FLxIUk