How the Economy Works

gcgang

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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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Nice, econ major as well


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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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