Ray Dalio is a world leader in financial markets, as head fund manager of Bridgewater Associates, managing over 140 Billion dollars. I am very pleased to share a well done summary of how our current global finance fits in the the history over the last 500 years.
History doesn't repeat itself exactly, but patterns do exist. This is true simply because age old issues humanity faces are consistent across our entire history. The shape and situation varies, but human social and economic problems are never resolved.
The last post was on effects of QE and the financial suppression (not expansion) it promotes. This video puts into context the forces driving central banks to repeat the failures of the past.
No comments:
Post a Comment