50 ms·
Try this on for size: How The Economic Machine Works by Ray Dalio https://www.youtube.com/watch?v=PHe0bXAIuk0 https://www.youtube.com/watch?v=PHe0bXAIuk0 in
by penguindev 13y ago
Try this on for size:
How The Economic Machine Works by Ray Dalio
https://www.youtube.com/watch?v=PHe0bXAIuk0 https://www.youtube.com/watch?v=PHe0bXAIuk0
in particular, see the graph of total domestic debt (i.e. credit) to gdp, and how they have short and long term cycles.