TIP498: Ray Dalio's Book - Big Debt Crises & How the Economic Machine Works

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By Stig Brodersen and The Investor's Podcast Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

IN THIS EPISODE YOU’LL LEARN:

  • 00:04:24 - How Dalio defines credit and debt.
  • 00:08:55 - Why too much debt can be an issue for the global economy.
  • 00:12:13 - The difference between the short-term and the long-term debt cycle.
  • 00:13:02 - Why credit is the primary driver of our economy and leads to bubbles.
  • 00:14:45 - How deflationary and inflationary deleveragings eventually resolve themselves.
  • 00:17:11 - How we can identify a bubble.
  • 00:31:37 - Four tools policymakers can use to handle large debt issues.
  • 00:45:39 - Why hyperinflation occurs at the conclusion of some long-term debt cycles.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

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