So much of our current political and economic climate can be explained by debt cycles— and how those cycles build on each other over time. I explain why in my new book, How Countries Go Broke. But if you’d like more context on how all of these pieces come together, I recommend you watch my 30-minute explainer “How the Economic Machine Works” on YouTube (linked in my bio). | Ray Dalio

replacement machine #howitwork #howitmade #mechanism #mechanical #automation | Mechanical and Automation Systems

Sewing machine #howitwork #howitmade #automation #mechanism #mechanical | Mechanical and Automation Systems

Motor make machine #automation #howitwork #howitmade #mechanism #mechanical | Mechanical and Automation Systems