“The big question is: When will the term structure of interest rates change? That's the question to be worried about.” Quote by Ray Dalio
“There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.” BeautifulGrowthDebtIncomeRatiosSlow Growth Author:Ray Dalio
“A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.” DoneBeautifulCertainThreeAmountBalanceDebtDramaticPrintingAusterityRestructuring Author:Ray Dalio
“Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.” IfsMenWantRealPlayHoursLevelsCostChinaWhat You WantFactorsVersusCompetitivenessGood EducationInexpensive Author:Ray Dalio
“Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?” CertainChoicesSupportProducePromiseCreditGdp Author:Ray Dalio
“Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods.” ThinkingKnowsTermMistakeDemandEconomicsSpendingTraditionalGoodsQuantity Author:Ray Dalio
“I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it.” HeardNew YorkTwentiesMeditating Author:Ray Dalio
“I'm going to give away a lot more than half my money. I'd be happy to give that to the government if the government put together programs that were like I'm giving away to charity, in which I believe the money is effectively used to help people.” PeopleIfsGivingBelieveHelpingGovernmentTogetherUsedI BelieveHalfProgramCharity Author:Ray Dalio
“If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important events never happen in your life before.” IfsThinkingImportantHappensAttentionEventsPay AttentionImportant Events Author:Ray Dalio