On today's show Preston and Stig discuss billionaire Ray Dalio's new book, Big Debt Crises.

IN THIS EPISODE YOU’LL LEARN:

Why Ray Dalio thinks that the US Dollar could depreciate 30%.
Why the financial crisis in 2007-2011 was solved much faster than the Great Depression.
How to diagnose in which stage of a debt crisis an economy is in.
How a fixed exchange rate can both be the solution and the problem of a debt crisis .

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Ray Dalio’s video, How the Economic Machine Works
Ray Dalio’s interview where he mentions the 30% decline in the value of the dollar
Ray Dalio’s new book on Amazon: Big Debt Crises
Ray Dalio’s new book on pdf: Big Debt Crises

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TIP224: Billionaire Ray Dalio's Book - B...