CNN's John Sutter talks about the cycle of good and bad finances. He says one man's debts are another man's assets, so do you want to hold those? And right now we're at a moment of a change that you see taking place, he says. "It's very naive to believe m m t as it's described"
History, in the eyes of legendary investor Ray Dalio, is a perpetual motion machine. Nations rise and fall according to an inevitable cycle where peace and prosperity are always followed by depression and war. And in his new book, “Principles for Dealing with the Changing World Order,” Ray says the United States is now in the downward part of that cycle.
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