Ray Dalio on Austerity in the Big Debt Cycle
Principles by Ray Dalio·2026-01-27 17:32
If you want to understand everything you’re hearing about budget deficits and tariffs, you need to understand the big debt cycle. But if you’d like more context on how all of these pieces come together, I recommend you watch my 45 minute-explainer “Principles for Dealing with the Changing World Order” here: https://www.youtube.com/watch?v=xguam0TKMw8 #principles ...