Ray Dalio has studied the last 500 years of economic cycles. In this video, he elaborates on the big debt cycle, and shows where we are now. The same things happen over and over again in history. Ray explains how these patterns work, and what people can do to prepare themselves for what is coming. Share your thoughts in the comments below and enjoy the analysis from one of the world’s greatest investors! Raymond T. Dalio is an American billionaire investor. He founded the world's largest hedge fund, Bridgewater Associates, in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks with $140 billion under management. Ray has also written the book "Principles: Life & Work" about investment philosophy and corporate management, and other great ones worth reading. Share this video with a friend if you found it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content! -------------------------------------------------- ► Special thanks to: Ray Dalio https://www.youtube.com/channel/UCqva... Business Insider https://www.youtube.com/channel/UCcyq... Bridgewater Associates https://www.youtube.com/channel/UC-hK... 🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel. "It Happened Before, It Will Happen Again" - Ray Dalio's Last WARNING