How the economy works and how to fix it

That video is simply great!

Ray Dalio - founder of Bridgewater Associates - animated a video „How the Economy Macchine Works". He is one the most Influential People of the World, the owner of the largest fund globally with 120 billion dollar and Dalio is one of the top 100 richest man on the world. So this video is really worth it.

This noteworthy cartoon takes only half hour and it's summarizes three principle rules which he observed in the last 30 years:

- Don't have debt rise faster than income.

- Don't have income rise faster than productivity.

- Do all that you can to raise your productivity.

"Though it's unconventional," he says, "it's helped me to anticipate and sidestep the financial crisis, and it has worked well for me for over 30 years."

Video:

http://www.cnbc.com/id/101055852

Have a great day!

The BFM Assets Team