Ray Dalio on The Big Debt Cycle

My thoughts on the big #debt cycle #finance #principles #raydalio

[Jessicatorres_]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[chadgriffith]

I’m hoping to end the rat race by 60. I’m 52, $600K net worth. I know money is a liability not an asset. You have to exchange it for assets with real value. Real estate (properties for rent) Stocks (dividends) Bonds (interest) So, what is it with bitcoin? I'd love to spread my investments.

[ProspectorB]

it is midnight, in Burundi! Know that you're empowering us

[bratbrigada]

During the period from January to October 2023, the Russian budget received 3.6 trillion rubles. more taxes than for the same period in 2022, the head of the Federal Tax Service said. Now the total number of receipts is 37.6 trillion rubles.

[dmwp]

Why are countries not just canceling debt or is a single country or two owed far more than others? If I owe a person $100 and they owe me $110, the net debt is $10. The whole thing seems crazy to me