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#620 - Ray Dalio - How To Prepare For The Changing World Order
Modern Wisdom
The Four Quadrants of Wealth Inequality
Growth and inflation are four quadrants. If growth is less than expected, you would like to own bonds. If it's higher than expected,you would not want to own bonds or assets such as commodities. You get the idea. One of the things that you brought up earlier on was the changing internal structure. This is driven by a number of factors, but one of them being increasing wealth inequality.
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