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
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
I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one's strengths and weaknesses are. Ray Dalio bigegoface Change image and share on social
The big question is: When will the term structure of interest rates change? That's the question to be worried about. Ray Dalio bigchangeinterest Change image and 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
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. Ray Dalio averagebalanceencourage share on social