raydalio.substack.com
Ray Dalio · 9 korrents · 4 pieces · raydalio.substack.com
The Numbers Behind the Bond Bear Market (with a Look at Equities)1 korrent · 13 Oct 2026 · no page here yet
How Countries Go Broke: The Dynamic Behind What is Happening Now3 korrents · 21 Aug 2026 · no page here yet
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- A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending.
- A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
- The late stage of the Big Debt Cycle shows itself as long rates leading rates up, the currency falling against gold, and the treasury shortening maturities.
Principled Thinking and AI Need to Go Together4 korrents · 10 Jun 2026 · no page here yet
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- Even the most advanced AI cannot be followed blindly in investing, where value added is zero-sum and what is widely known is therefore worth little.
- Decision criteria have to come from logical cause-and-effect understanding, not from data-mining what worked before, and not from asking an AI what to do.
- Success now requires combining the best human intelligence with the best artificial intelligence
- Systematising principled decision-making with AI is now the line between staying competitive and not; there is no position in between.