HOW THE ECONOMIC MACHINE WORKS – by Hedge Fund Legend Ray Dalio

If you’ve ever wanted to understand basic economics/investing/financial intelligence, then please watch this video. Its author is worth $40b from investments and trading.

From it, I realized that the health of any nation (as seen in the value of its currency, stock market and overall standard of living of citizenry) is determined primarily by 1. What the nation produces. 2. How well they can produce more and sell faster, better, cheaper what they produce and 3. How much money/credit they can borrow based on the first two factors.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s