| I was in Washington, DC this week speaking with economic leaders of both parties to go over the mechanics of the serious debt problem, to see if they can agree on it, and to see if there can be agreement on what to do about it. While I’m happy to report that they all appreciated going over the mechanics and agreed with the need to cut the deficit to about 3% of GDP, they are now in the middle of their debt limit and budget fights which need to be resolved before they can undertake discussions about how to hit that target. Interestingly, there was some openness to having people make the 3% pledge and even setting up a bipartisan commission to figure out how to achieve it. Stay tuned. #economics #debt #deficit #principles |
You Might Also Like
How to Prevent a U.S. Debt Heart Attack
2025-03-21
The US is approaching the end of the long debt cycle with 3 factors that can be combined to prevent the worse case scenario: 1) spending 2) taxes 3) interest rates
Learn more about my proposed 3% solution to the US debt crisis here: https://economicprinciples.org/how-countries-go-broke
#principes #howcountriesgobroke
If We Don’t Deal With The Debt Issue Now We’ll Pay A Terrible Price
2025-02-26
I’ve been discussing how countries go broke with central bankers, finance ministars, and policy makers and we are all agreeing in my new book that I lay out how to fix it. You can read more about my solution to the debt crisis in my study here: https://lnkd.in/eF4HgyKE
#principles#howcountriesgobroke
Ray Dalio’s Holy Grail of Investment Strategy
2025-02-03
My mantra of investing is fifteen good uncorrelated return streams risk balanced. What is yours?
#principles #raydalio #mentor #geopolitics
What’s Happening at Davos
2025-01-24
I’m with heads of state, central bankers, and policy makers at the World Economic Forum in Davos. I’m excited to share what we’ve been discussing with you all.
#WEF25 #RayDalio
Ray Dalio – Giant Ideas Podcast – Guide to Principled Thinking
2024-12-18
When you think in a principled way everything is simpler. Here’s why.
#principles #raydalio #mentor
Ray Dalio with Bill Belichick – Having Great Relationships
2024-12-12
If you enjoy this, you can find our full conversation here: -TUGz4&feature=youtu.be
#principles #success #teamwork
The 5 Forces Affecting the US Post-Election
2024-11-21
After the US #election the world order is changing, and regardless of what side you are on, it’s changing in interesting ways. From my studying of history over the last 500 years there are 5 big forces that determine these changes.
#principles #raydalio #mentor #politics
Tags: Featured,newsletter,Ray Dalio
für Ostern aus?
20 pings
Skip to comment form ↓