Ray Dalio’s Warning for America - The Long-Term Debt Cycle
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- เผยแพร่เมื่อ 12 ธ.ค. 2024
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The hardest concept I try to explain to people is that debt is spending the money you haven’t made yet or might never make.
Yep, some people think that having the ability to buy things with credit means they are rich...it's very strange when they look at you like you are crazy when you tell them that credit is debt
This is mostly an American problem. I'm an immigrant, so it's shocking to me how most Americans spend so irresponsibly and elect politicians that do the same.
I cannot fathom how this concept is hard for anyone to grasp, but it helps i guess that everyone is taught barely anything to prepare for life
Debt pulls demand and consumption forward so it requires more and more debt or else you eventually get to the "forward" part and it becomes "the present"... Without new debt there is no money to consume because you still have to pay for your past consumption that was originally paid with debt.
Credit = debt. They going to crash the dollar @@dec1slh
Dealing with debt can be tough, but remember, tough times don't last forever! Stay positive, focus on solutions, and take steps to manage and overcome your debts. You've got this!
Many people have to go into debt just for everyday items. I'm thankful I've always lived like I make 40k.
Exactly our income exploded since 2016 and we haven’t changed a single thing as a family…. I have continued to buy used cars, thrift or on sale clothes only. The only indulgence is healthier foods cooked at home.
A truly wealthy man is one who want nothing.
Plot twist: you actually only make 20k and spend like you make 40k.
You're very informative!!! I've been subscribed for awhile now probably over a yr and never said thank U!! Thank U!!!!
To me, debt is slavery.
It's because it is, just a more modern form of slavery.
Absolutely correct. ☝️
Self imposed
You could not be anymore right.
Dept is not always bad. If you get into dept and use the money as an investment to get much more money (in a realistic way), the option to be able to get into dept is a good thing. Dept for consumption only is a bad thing.
Follow up video...what are those opportunities, and how does an individual investor (not an institution) take advantage of those opportunities?
Ya you are right.Right now iam sitting in cash of 70%.Recession are once in a lifetime opportunity to become rich in the long term.
We have such a screwed up system. They brainwash you to buying things you don't need, then we are stuck stressing over paying it back while wanting more crap to buy. SMH I'm guilty of it so I know the pain and stress. after 40 I became more minimalist and invested my surplus. But now my kids are caught in this cycle and it sucks for them.
Tithing 10% first, then 10% to savings. Then Budget the rest, including investments. (- my grandmother)
People really underestimate how much you can block your blessing by not tithing. When you are a good steward with what God gives you, He will bless you with even more. This literally happened to me over the last 3 weeks. Have a great day!
I’ve been hearing Ray scream about the end of world for over 4 years and yet the markets are screaming higher. Eventually he’ll be right. Lol
Screaming sells clicks
Even a broken clock is right twice a day 😂😂😂
@@MichaelM2K23 is it?
@@turbdonkey It is.
I’ve been hearing about a once in a century big catastrophic earthquake being due in California since I was a kid in the 90’s. Just because it hasn’t happened when I expected it doesn’t mean we’re not overdue for it.
In summary- buy the dips, big and small 😊
Jaspreet, the 10-year bond yield passed the 3-month bond yield today, and looks like it might stay that way because of the expected Fed rate cut next week. Every time the 10-year yield passed the 3-month yield, a recession occurred about 4-5 months after. I'm not trying to be alarmist or anything, but I'd just like to hear your thoughts on it.
Jaspreet. Thank you for your instructions and information.
Basically America will always run on debt at the consumer level from here until the end of this country. Also if anyone feels they are poorer now than 4 years ago the fed will never allow deflation because money and will only continue to devalue the dollar to make room for more debt. American economy is just an idea not backed by equivalent tangible value. Staying debt free does not seem to be sound advice anymore in this game.
He really has something against chipotle
Chipotle sux
@@howdydo64 ok, never tried it. I am from Europe but I noticed he mentions a lot that chipotle is a waste of money.
No - he has something against guac
Their red sauce is criminally spicy..
Great depression.
Great recession.
Geat reset.
Great disorder.
Such "great" names.
Great content!!
A liveable wage, affordable products, less greed, treating others as you want to be treated. This would help curb these cycles and help stabilize our economy and government. The current cycles we are on have been repeated time after time, we are not learning. Thank you for creating a financial learning platform Jahspret. This has been way overdue. It needs to be incorporated into our education system.
This is how construction works at least in FL the builders take all the money from the top and the contractors and labor get what is left
My eyes are wide open. Thanks random dude on you tube. Things are making more sense. What are hard assets ? What is the worst case scenario in the event other countries start not-using the USD as a primary currency?
Hard assets… gold, coins, cows, oil
Worst case for usd losing its place as global reserve currency…… the US military destroys whomever tries to de thrown the dollar…. Seriously look at Libya
Less dramatically the USD will crash we will have a depression
It’s not going to happen though. The BRICS don’t trust each other one bit
So much content! Very informative for me. Thank you!
Excellent summary of Ray Dalio's information. It really helped me understand. Thank you.
Looking back in history shows us this is going to happen and the higher we build the longer and harder the fall. It’s all about opportunity and making the most of it. Don’t do knee jerk reactions , do your homework. Be prepared to do what others aren’t.
The debt being held by companies and more importantly the consumer, it’s unsustainable. People are taking on more debt to finance their Gucci Poor lifestyle and this can’t continue. The system needs to cleanse itself of the bad players and restructure. Many people can’t afford their homes along with insurance, and property taxes. Then you have inflation which will continue to go higher as the Fed didn’t want to fight inflation as they’re now doing another interest rate cut next week. This bubble is getting so big and out of control.
I only come here for the "bellows' and the language lessons. All the other stuff Is just icing on the cake!!
OMG, your calls are insane! 10% gains last week. Thinking about XAI84W, SOL, and MATIC now. Thoughts?
Trash.
Let's PRETEND debts are in a cycle. Amazing
Loving the picks! XAI84W, DOGE, and AVAX look so promising. Might double my funds in these next week.
Debt pulls demand/consumption forward. The problem is time goes by and you eventually get to the "forward" part and more debt needs to be created because you still have not paid for past consumption. The cycle continues until lenders become worried about past debts and stop lending.
Luckily new administration PROMISED 1000x that wages would go up, prices would come down, we'd have cheaper and better Healthcare and lower gas prices! And that we will produce more oil than the record amount we are producing right now.
Has Ray ever said ANYTHING positive in his life?
And you believed Dt? He’s always run on cutting programs for the poor and mega tax breaks for the rich and tariffs. Nothing about his former term he didn’t do anything for us but he gave so much to the rich and corporate.
I’m not holding my breath for anything the orange turnip promised.
80% TURBO 14% XAI600K 2% FLOKI 2%BONK 2%PEPE 🎉
Its not like that in construction we don't make enough to use credit
Very well explained!
To say GDP is a measure of spending is a little misleading, but in a consumer society I guess it's not far from the truth.
If you’re holding XAI84W and ADA, don’t sell. Moon vibes incoming big time! 🔥
If the increase of money in the system went to people to pay off their debt the system might work better. Right now the government is increasing the money supply but no ones pay is increasing to pay off their credit.
😂so you think those who borrow should have their debts paid off by someone else. Entitled much?😂
Actually, this happened quite a bit during the pandemic…at first. People as a whole paid of a lot of debt. Then at some point a switch flipped, and people started doom spending and ran up their debt even higher than before.
Great breakdown
Thank you!❤
I would like to see some deflation. The value of housing is astronomical. If the value comes down the taxes should. The cost of food is way too much. That too should come down. Inflation is like a runaway train. If our government does more printing of money we are going to see hyperinflation. We will be in a depression.
I totally agree. The problem is nobody with the power to actually affect change wants to see their net worth go down, so they’d rather continue to slowly strangle the economy with “lower” inflation instead of deflating and bringing us back to pre-pandemic prices.
Im new to investing and my take way from your video is a crash is around the corner and be prepared, I get that.
I also believe everything you have mentioned, but this is similar to what I have been hearing for the last 2 years, had i took this information at face value 2 years ago I wouldn't be up 20 plus percent on my portfolio.
It's been mentioned, understand your level of risk, but this is something that is very hard to pinpoint, as there's always a moving point of risk.
Invest but be prepared, this is something that is a even pairing sometimes, but being over prepared can come at a cost.
Typically stupid more impulsive people actually do better in the stock market because they do not over analyze things
I love your videos, thank you for making sense. 😊
The government spends about 20% of its budget on sustaining their debt. This is a smaller percentage than most peoples mortgage of their income. Most of a mortgage doesn't pay down the principle.
Keep screaming Ray.
Lol so we finally are talking about somethingwe shouldve talked about ages ago. We cant keep kicking the can down the road.
Ray says the next step would be to Tax the Wealthy? It'll be interesting to see how that plays out when the Wealthy are the ones running the government.
Could picture them seating in a meeting and saying "We'll everybody what do you think about taxing ourselves more, should we do it ?" ... I'll let those reading this picture the response.
As always Thanks Jaspreet for all the informative videos.
Yes, totally agree with Ray Dalio, even though it's scary to listen to him speak about this! Feels like it's any day now that there will be a huge crash and stagflation for a decade like in the 70s-80s.
We hear you, so how long will XAI90C Pump?
This XAI600K thing is going bananas 🚀
More stimulus after the point of deleveraging, by wealth redistribution to gain more tax income, is a net negative. Bureaucracy can never produce more benefit than it thieves and directs.
Reducing taxation and reducing government monopoly of social programs is the only way to solve this, as painful as initially it would be.
What would happen if the federal reserve opted for deflation? Thank you.
Just saw your videos and bought XAI600K yesterday.....its up 24% today talk about timing......Thanks
Guac?
Ok so this explains the production pushes.
Time for fiat to roll into another assets
Correlation is not causation.
I’d like to reach out to the team at bit key and see what they’re working on regarding quantum
Depends on your finances . 1000$ in XAI600K is 4000 XAI600K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
How can purchase the Investor media ?
Interesting, does Dalio's research consider effects of a government spending less or more efficiently funds? I.e., what if Doge committee is successful?
The worse thing I ever did was go to college 😂the debt is insane I’m managing but yah there’s a tight budget for everything else
Gov will print money and we will spend that money
agreed on XAI600K 36-38x coming up
Government wealth re-balancing died with Trump's victory, which means there will be disorder in society. I support my statement with the UHC CEO as my example. The asset bubble will continue to grow with the wealth gap all to eventually crash, and thankfully a lot of it is in crypto.
I expected that to. He flatly told people he wanted to help the mega wealthy at the expense of the poor. I know the pay for years were hard, but a lot of that was stemming from his tariffs failure, bank deregulation and mishandling Covid and the stock market crash of 2020. Also price gouging that Kroger admitted to.
So people fell for the manipulation and voted against themselves. Those same people who voted red will be the first ones crying about the high prices and shortages.
You might be right about crypto crashing. I figured it was a pump and dump scam when Dt and Elon were pushing it hard. Just like with the stock market crash of 2020, holding off telling us about Covid for 4 months, they’re waiting for the signal to sell en mass and crash it. I think it will land us in a depression
When every metric to fed is meet with, let’s cut rates…. Welp
Isn't fighting deflation by definition inflation?
Sold all my xrp yesterday and bought XAI600K
Great video! Profited 30%! XAI84W and ADA look solid. SOL also tempting. Should I stick or diversify?
XAI600K 200X IN 10 YEARS - so likely another 200x in 10 years=$20 MILLION/XAI600K!!! So getting 1/10 XAI600K $10k today might turn into $2M in 10 years - if one can hold through all the volatility.
Most people could care less about the Federal Dedt . As they watch Politicians spend us into total Oblivion without a care in the world .
We don't even make 3000 a month we are not illgal lol
The importance of community governance in XAI600K cannot be overstated.
What type of investing do you recommend for seniors like myself do? I have a small retirement and social security. My expenses are less than my income so i can invest but I’m not sure how. I doubt there is time for me at age 65 to become wealthy but i want to manage what i have wisely. Im thinking high interest saving accounts over stocks but what do you think?
Your best option is ETFs. Anything that returns 5 percent
Joey and Kumila time next. Lasting 25 or 30 years, 40 percent of real jobs are gone. Thanks to them.
Huh ?
BELOW!
Yup i put it all in XAI600K, literally more money i thought i even had 💀, i seen people sell their car put it all on XAI600K and double their money. Scared money dont make no money 😤
Bro, i bought XAI600K in November after your video. i'm up 379%.
All those institutional investors should be buying XAI600K
Yes community driven project like XAI600K
The most advanced technology out is a XAI600K
Just swapped all of my last ETH and swapped it into XAI600K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!
Ray is full of it..
Unless you are a baby bommer the rest of use in construction are very low income
Set to XAI600K 2$
Taxes will have to be raised. To bad its the working class (no longer middle class) and the poor that will bear the ramifications of the increase.
More ray dalio
Where to buy XAI600K pls
I sold everything and bought XAI600K on the dip! Holding until 20B! The best way to get millions during bullrun IMHO!
Ray Dalio's analysis is incomplete (to the best of my knowledge) in that it ignores population changes. We have been living in a time of great population growth, but for many countries a population decline is expected in coming decades. If a country is burdened by debt and has a population collapse, it will be a time for debt forgiveness (bankruptcy), most likely. We'll see.
buying and holding XAI600K IS the contrarian move...
It looks XAI600K is in right position.
Normies sleeping on XAI600K. We literally have Andrew tate promoting us.
Maybe Ray. Heard of the DOGE? We shall see my friends.
For XAI600K, Be greedy when others are fearful - Warren Buffet
The correlation between XAI600K & XRP blows my mind. Imagine when XAI600K fires up. cant stop wont stop
I heard he sold to buy XAI600K
I’m putting EVERYTHING in XAI600K …. ALL IN BABY
I guess I am ultra risk lover. Even though I don't hold meme coins, I only hold XAI600K and ETH . Fingers crossed 🤞 🤞
SOLANA DOWN, XAI600K UP 🏆
far out dude!
In my humble opinion the top for this cycle will be XAI600K