The current crisis in historical perspective

This short post is primarily to give links to three excellent articles on macro economics by Ray Dalio, founder of Bridgewater.

The first, a ‘template for understanding’ how economies work, is better than anything I have ever seen in introductory books on economics.

The other two articles take a closer look at the dynamics of debt and deleveraging, and give a good sense of the processes that we are currently seeing in action at the moment.

Click here to go to the articles.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s