In this animation, Ray Dalio explains How The Economic Machine Works. He covers important points such as: deleveraging, long-term debt cycle, printing money & more.
Source: www.economicprinciples.org
I. HOW THE ECONOMIC MACHINE WORKS
A Transactions-Based ApproachProductivity GrowthLong-Term Debt CycleShort-Term Debt Cycle
II. DEBT CYCLES
LEVERAGINGS & DELEVERAGINGS
An In-Depth Look at DeleveragingsU.S. Deleveraging, 1930sWeimar Republic Deleveraging, 1920s
III. PRODUCTIVITY AND STRUCTURAL REFORM
WHY COUNTRIES SUCCEED & FAIL, AND WHAT SHOULD BE DONE SO FAILING COUNTRIES SUCCEED
THE FORMULA FOR ECONOMIC SUCCESSTHE RISES AND DECLINES OF ECONOMIES
OVER THE LAST 500 YEARS
Akira Morikawa 