Ray Dalio and Bloomberg’s Francine Lacqua Discuss Life, Debt & Global Crisis

The U.S.'s debts are on the edge of becoming unmanageable to the point where it could default if conditions are not changed. But this problem isn’t a unique one. It has happened many times in history, which is why I believe studying the past is so important. The same cycles repeat over and over again, and there are important lessons we can learn from those experiences. I recently met with Bloomberg @markets ahead of the UN Ocean Conference to discuss our debts, the possibility of global crisis, and the impo ...