A korrentour reading

A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.

Drawn from what Ray Dalio said

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What Ray Dalio actually said

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RD
Ray Dalio 21 Aug 2026

Because one can measure these things, one can monitor this debt dynamic happening, so it’s easy to see problems approaching. I’ve used this diagnostic process in my investing and I’ve kept it to myself, but I’m now explaining it in detail in How Countries Go Broke: The Big Cycle because it is too important to keep to myself.

↗How Countries Go Broke: The Dynamic Behind What is Happening Nowraydalio.substack.com

First recorded here 21 Aug 2026 · How quotes work

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