How The Economic Machine Works by Ray Dalio
Principles by Ray Dalio · 18 则 HN 推荐
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Ray Dalio's 30-minute animated video explains how the economy works through credit, debt, interest rates, and short- and long-term cycles. It is based on his template for understanding the economy.
HN 推荐的原因： HN repeatedly recommends it as the best layperson overview of debt, credit and economic cycles.
“it’s the best layperson explanation of debt I’ve ever seen” 阅读 HN 讨论 ↗