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 A billionaire's explanation of how the economic machine works

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PostSubject: A billionaire's explanation of how the economic machine works    Fri Nov 24, 2017 6:02 pm

It's easy to get caught up in the complexities of the modern financial world. However, Ray Dalio, the billionaire founder and co-chief investment officer of the world's biggest hedge fund firm, Bridgewater Associates, believes developing a thorough understanding of the building blocks of the economy can be  a profitable investment of time.



A dedicated student of history, Dalio believes that his simple template, summarised in the How the Economic Machine Works video, helped him anticipate, and even profit from, the global financial crisis. With high debt levels and tepid economic growth in Australia, Dalio's engaging video is worth watching.

http://www.smh.com.au/money/a-billionaires-explanation-of-how-the-economic-machine-works-20171115-gzm6n5.html
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A billionaire's explanation of how the economic machine works

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