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How the Economy Works
Old 06-03-2015, 07:09 PM   #1
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How the Economy Works

How the Economic Machine Works [Animation] by Ray Dalio

Above is 30 minutes long. Maybe I liked it because I was an Econ major, but it's a very simple, straightforward way of thinking about the economy, and where we are now in the economic cycle.

From Ray Dalio at Bridgewater Assocs.

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Old 06-03-2015, 08:01 PM   #2
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Nice, econ major as well

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Old 06-04-2015, 06:35 AM   #3
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Originally Posted by gcgang View Post
Above is 30 minutes long.
Not an Econ Major (or even a Minor... or related in any other way.) but this was 30 minutes well-spent.
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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Old 06-04-2015, 08:09 AM   #4
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The only nitpick I had was the statement that is a "70 year" cycle. That's all fine and dandy on the graph, but there really isn't enough economic history to say it's a 70 year repeating "cycle".
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