Tag: Economiccycle
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One lecture – Principles for dealing with the Changing World Order: Why Nations rise and fall, by Ray DALIO (2/4)
Picture: a Deutsch Mark bill at the peak of Germany’s hyperinflation crisis, in 1923 note: i recommend to read my two articles about money for fully understanding the following article “What most people and their countries want is wealth and power and money and credit are the biggest influencers on how wealth and power rise…
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One lecture – Principles for dealing with the Changing World Order: Why Nations rise and fall, by Ray DALIO (1/4)
Who is Ray Dalio ? Ray Dalio, an American financier, founded Bridgewater Associates in 1975, which became the world’s 2nd largest hedge fund with assets of $196 billion in March 2023. The fund anticipated the subprime crisis in 2007 and has a strong presence in emerging markets, particularly China. Like any hedge fund, Bridgewater’s strategy…