In this episode, you’ll learn:
- Why Ray Dalio thinks that the US Dollar could depreciate 30%
- Why the financial crisis in 2007-2011 was solved much faster than the Great Depression
- How to diagnose in which stage of a debt crisis an economy is in
- How a fixed exchange rate can both be the solution and the problem of a debt crisis
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Ray Dalio’s video, How the Economic Machine Works
Ray Dalio’s interview where he mentions the 30% decline in the value of the dollar
Ray Dalio’s new book on Amazon: Big Debt Crises
Ray Dalio’s new book on pdf: Big Debt Crises