Thursday, August 11, 2022

Most People Have NO Idea What Is Coming Ray Dalio's LAST Warning


Most People Have NO Idea What Is Coming Ray Dalio's LAST Warning https://youtu.be/pOeqFvZiqMI Most People Have NO Idea What Is Coming Ray Dalio's LAST Warning ► Special thanks to Ray Dalio https://www.youtube.com/c/principlesbyraydalio It's an obvious fact that if it's not benefiting the majority of the people, okay, then just by its metrics of success, it's not a it's not going to be successful. But these types of changes, some have to be reformed because the country or the world as a whole has more resources than it ever had. It has more intelligence than it ever had. But it has a choice. Is it going to go to war or is and which will make things worse than ever? Or is it going to try to find a way together to make that better whole? That's the choice I think we face. And so I started studying in history and I found out the same thing happened on March 3rd, 1933. Roosevelt did the exact same thing for the exact same reason, leading to the exact same result. And so studying past periods that didn't happen in my lifetime. Like we haven't been through a war before and we haven't been through a civil war. We haven't been in the circumstances. So the three big things that are happening in our lifetimes that we have not been through before are the creation of an enormous amount of debt and printing of money to monetize the debt. That's number one. And so we'll talk about inflation and where we are in that cycle. But I and I'm a I'm like a mechanic. I'm not ideological. I'm just like, what are the cause effect relationships? How does that dynamic work? Mechanistically, but it produces inflation. The second but very interrelated to this is the large internal conflicts that we are having. #stockmarketcrash #housingcrash #recession Tyler Pratt

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