Ray Dalio Discusses Major Financial Crises (Podcast)
Masters in Business
00:00
Is Debt Rising Faster Than the Income to Service It?
When you have debt growing faster than the income to service it, that's a bad sign. At some point that stops and you lose that demand. And we're in a situation where the central bank policies are not as powerful because interest rates are close to zero or quantitative easing has largely been used up. That's when you're more at the end of the longer term debt cycle.
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Transcript
