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How The Economic Machine Works by Ray Dalio

Why it was recommended

it’s the best layperson explanation of debt I’ve ever seen

Strong recommendationnullspace · Original

What it covers

Ray Dalio's 30-minute animated video explains how the economy works through credit, debt, interest rates, and short- and long-term cycles. It is based on his template for understanding the. It is for someone meeting the subject for the first time.

Video details

Channel
Principles by Ray Dalio
Length
31 min
Year
2013
Open on YouTube

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