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 explains why Argentina and Turkey are currently experiencing a currency crisis. He compares the upcoming financial crisis to the period of the past and theorizes what the next financial and economic breakdown may look like.
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I kindly invite you to listen and read the e-book.