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#620 - Ray Dalio - How To Prepare For The Changing World Order
Modern Wisdom
The Probability of the Meltdown of the Dollar
"I don't want to, um, overdo it. My goal here is to show people how the machine works," he says. "There's been a huge accumulation of dollar denominated debt and dollars therefore" The U.S. has large deficits that have had to be funded by selling dollar-denominated debt. There are concerns in the world about some of the things going on in the United States.
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