One of my principles is that if you’re worried, you don’t need to worry — and if you’re not worried, you need to worry. That’s because worrying about what can go wrong will protect you and not worrying about what can go wrong will leave you exposed. | Ray Dalio

So much of our current political and economic climate can be explained by debt cycles— and how those cycles build on each other over time. I explain why in my new book, How Countries Go Broke. But if you’d like more context on how all of these pieces come together, I recommend you watch my 30-minute explainer “How the Economic Machine Works” on YouTube here: https://www.youtube.com/watch?v=PHe0bXAIuk0&t=10s #principles #howcountriesgobroke #economics #debt | Ray Dalio