When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and you have a basic breakdown, that becomes very threatening. Ray Dalio basicbreakdownleave Change image and share on social
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way. Ray Dalio averagebaseballbat share on social
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic. Ray Dalio amountausteritybalance share on social
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred? Ray Dalio anymoreapportionchoice share on social
Pull in your belt, spend less, and reduce debt. Ray Dalio beltdebtpull Change image and share on social
Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods. Ray Dalio demandeconomicsgood Change image and share on social
If inflation-adjusted interest rates decline in a given country, its currency is likely to decline. Ray Dalio adjustcountrycurrency Change image and share on social
In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem. Ray Dalio chinadisruptivefinancial Change image and share on social
