What are economic cycles? Ray Dalio explains what is going on with the US economy in a simple presentation and how to achieve a beautiful deleveraging of the economy.
His recommendations -
- Don’t have debt rise faster than income.
- Don’t have income rise faster than productivity.
- Do all that you can to raise your productivity.
When the real productivity starts growing, the economy will really start growing again.
Tags: ray dalio bridge water associates, what are economic cycles, ray dalio beautiful deleveraging, beautiful deleveraging of economy, ray dalio economic cycle presentation