Re:Yield Curves Invert in U.S., U.K
by tunesmith on Wednesday August 14, 2019 @04:17PM
(#20699494)
He's referred to 2008 as the end of the long-term debt cycle, and the ten years since then as the reflation period.
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I don't think he saw 2008 as the end as much as it was the start of the end game - the debts have definitely come to any sort of deleveraging beautiful or ugly, and certainly no resolution of the fundamental inequality the Dalio was identifying as a root concern.