What causes recessions? This question has long been the subject of heated debate among economists, and for good reason.
How the economic machine works, Ray Dalio (Part 2 of 2)
An exceptional article by Ray Dalio in which he is trying to explain how economy works in simple examples we all can understand.
How the economic machine works, Ray Dalio (Part 1 of 2)
This is an exceptional effort by the famous investor Ray Dalio to explain how the economy works in simple and practical examples.