BitShares Forum
Main => General Discussion => Topic started by: kisa on October 26, 2014, 09:18:56 pm
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folks, just wanted to post this link to recently revised and extended paper by one of the most influential macro traders / thinkers of our time:
http://cdn1.valuewalk.com/wp-content/uploads/2014/10/ray_dalio__how_the_economic_machine_works__leveragings_and_deleveragings.pdf (http://cdn1.valuewalk.com/wp-content/uploads/2014/10/ray_dalio__how_the_economic_machine_works__leveragings_and_deleveragings.pdf)
in addition to theoretical model and historical analysis, his growth predictions based on productivity and structural reforms in various countries could be especially of interest, starting from page 180...
i don't necessarily agree with all of it, but it is intriguing to see how the head of world biggest and hugely successful hedge fund thinks about the economic cycles.
His previous youtube presentation is quite cool i think...
http://www.youtube.com/watch?v=PHe0bXAIuk0 (http://www.youtube.com/watch?v=PHe0bXAIuk0)