System Breakdown

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Ray Dalio Talks with CNBC's Squawk Box About How the System Breaks Down Once a Lifetime
Principles by Ray Dalioยท 2025-07-16 16:36
Economic Cycles - The industry observes that economic cycles occur approximately once in a lifetime due to breakdowns in established systems [1] - These breakdowns create cyclical patterns [1] Debt and Monetary Systems - The industry notes the existence of monetary systems and debt cycles [2] - One entity's debt represents another's assets [2] - The industry identifies a debt issue arising from unsustainable debt accumulation [2]