A korrentour reading
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.
Drawn from what Ray Dalio said
In the currentinterest rates
What is a korrent?
A korrent — “current”, with a K — is our reading of what someone said: one sentence, drawn from their own words below. People put the same thought in different words; a korrent tries to name the thought they share, so that what several people mean can be set side by side, and followed as it changes.
It is an approximation, and it is ours. The quotes are theirs, word for word, and where the two differ, the quote is the fact. Read more →