
Bridgewater's Ray Dalio
The David Rubenstein Show
00:00
The Classic Cycle of the Ingredient
Since world war two, we've been the dominant economy. So now we have a lot of debt. And what that means is that you either have to interust rates, have got to go up or and then that grinds things down to a close. Or what they do as they have to print money. The history of all of these cycles is that the coffers are empty,. You can't continue to spend more than you earn and give it to somebody expect them to like it. Then you dev ue it, and that becomes the cycle.
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