If inflation-adjusted interest rates decline in a given country, its currency is likely to decline. Ray Dalio Read Quote
So how does the machine work that you have a financial crisis? How does deleveraging work – what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business? Ray Dalio Read Quote
I’m just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. Ray Dalio Read Quote
In China anything less than 6% growth is a recession meaning that it also causes financial problems and it’s disruptive and it’s a problem. Ray Dalio Read Quote
I worry about another leg down in the economies causing social disruption because deleveragings can be very painful – it depends on how they’re managed. Ray Dalio Read Quote
I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it. Ray Dalio Read Quote
