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Ray Dalio – How may the upcoming financial crisis look like?

Ray Dalio, the founder of Bridgewater Associates, one of the largest hedge funds in the world, in an interview for the CNBC television discusses his new book “A Template for Understanding Big Debt Crises”, which summarizes the lessons learned from the financial crisis. In addition, the interview is talked about a trade war between The United States of America and China, and…

The main goal of the US is to stop China

Recently, the main topic of interational media is the trade war of President Donald Trump with countries around the world. The United States, which after winning of the Second World War, were the main architect of the world’s economic and financial system, now are not satisfied with the system, they have created themselves. The economic structure created within the framework of the…

Country with the highest level of debt in world history

The United States, a country of freedom and once the cradle of real capitalism. After the Second World War, the undisputed world hegemon, dominating economically and technologically. The architect of the global economic system, currently the largest economy in the world in terms of nominal GDP. The cultural and moral patterns of the United States have an impact on the societies of…

Predict the next economic crisis

Unfortunately, it is not possible to predict precise data of next economic recession. This is an extremely difficult task, because the phenomenons occurring in the economy depend on many factors. On financial news, we often hear statements from people related to financial markets, which are presented as those, that predicted recessions. However, these people have not reported precise data of the year,…

Clashes of two biggest economic powers

Not so long ago, President Donald Trump announced that the United States has imposed tariffs on imported steel and aluminum in the amount of 25% and 10% respectively. Many commentators recognize, this is as a hit on Chinese economy, but the truth is a bit different. Yes, China is the largest steel producer in the world, but the US imports a small…

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