Artwork for podcast Bookey App 30 mins Book Summaries Knowledge Notes and More
A Template for Understanding Big Debt Crises, Ray Dalio (Finance, Economics, Debt crisis)
21st April 2021 • Bookey App 30 mins Book Summaries Knowledge Notes and More • Bookey APP
00:00:00 00:10:05

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Why do economic crises happen over and over again? What role does debt play? Are there any similarities among repeated crises? Can we find their patterns and solve a crisis properly? In Dalio's view, most events happen repeatedly and follow patterns. He applies this thinking in the book to analyze every major debt crisis in the past century, as well as sharing his own models to help people better manage future crises.

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