How does the economy really work?

in #money8 years ago

This simple but not simplistic video by Ray Dalio, Founder of Bridgewater Associates, shows the basic driving forces behind the economy, and explains why economic cycles occur by breaking down concepts such as credit, interest rates, leveraging and deleveraging.

This video is simple and smart.
I wanna share it with everyone.

BUT Korea is more worried about the economy after watching the video.