How Countries Go Broke? The Big Cycle - Ray Dalio

Part 1 Overview of the Big Debt Cycle

Research Questions

• Are there limits to a country's debt and debt growth?
• What will happen to interest rates and all that they affect if government debt growth isn't slowed?
• Can a big, important country that has a major reserve currency like the US go broke--and, if so, what would that look like?
• What, why, when, how about the "The Debt Cycle"

Interesting Facts

• Only about 20% of the roughly 750 debt/currency markets that have existed since 1700 remain and that all the remaining ines have been severely devalued through the mechanistic process.

Invaluable Ideas

Personal Insights