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Why does he believe that? Does he think that public companies will capture less of the world's wealth going forward, or does he think that global wealth will pl
by everfree 4y ago
Why does he believe that? Does he think that public companies will capture less of the world's wealth going forward, or does he think that global wealth will plateau?
- theGnuMe 4y agoHe has this theory that we basically destroy everything with war and then rebuild. This happens when inequality and debt burdens get too high. The conflicts can be internal to a country and external between countries.
- chaostheory 4y agoHe has two books that outline his theory on currencies and the rise and fall of empires. As in everything is cyclical, and we are at the start of a long downturn. It reads like a real life, analog of Hari Seldon’s Prime Radiant. This is a summary of his latest book which is no longer freely available online https://www.marketplace.org/shows/marketplace-morning-report/capitalism-economy-ray-dalio-bridgewater-trump-twitter-executive-order-social-media/amp/ https://www.marketplace.org/shows/marketplace-morning-report... His first is still free. https://www.principles.com/big-debt-crises https://www.principles.com/big-debt-crises