Ray Dalio: Money, Credit, Debt and Economic Activity
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- Kriegsspiel
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Re: Ray Dalio: Money, Credit, Debt and Economic Activity
You there, Ephialtes. May you live forever.
- vnatale
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Re: Ray Dalio: Money, Credit, Debt and Economic Activity
That sounds similar to the investor who laments, "You'd be highly successful if you did everything opposite to what I do!"Libertarian666 wrote: ↑Sat Jul 04, 2020 6:45 amI guess you could take the class and just conclude that the opposite of everything he says is true. That would probably work!Smith1776 wrote: ↑Fri Jul 03, 2020 5:43 pmLOL. I saw an advertisement on YouTube recently that included Paul Krugman as the instructor in economics for the Masterclass series. Immediately I went "Ummmmmmm. Nope."Libertarian666 wrote: ↑Fri Jul 03, 2020 10:25 am
That speculation comment qualifies as one of the worst economic predictions in modern history.
Not the worst, of course; that honor must go to this famous Paul Krugman debacle:
"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?
Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.
Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never."
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Re: Ray Dalio: Money, Credit, Debt and Economic Activity
*George Costanza intensifies*
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