How Economics works Ray Dalio's must watch everyone from kids to politicians should see thissteemCreated with Sketch.

in investing •  7 years ago  (edited)

This here is a great produced animation by -Ray Dalio- that teaches economics in a visual and simplistically amazing way. This thirty minute video should be viewed by every person at least once in their lives if not more. Ray Dalio runs the biggest hedgefund in America, and runs it like no other company. He believes that full-transparency will destroy any chance for corruption, therefore Bridgewater Associates records every conversation and meeting. Most of the videos are not accessible by non-employees, but this creates a sense of honesty that stops banking crimes. Imagine if we made all banks do this. It would radically change the image of the industry. Hope everyone likes the video and let me know what you think about Ray Dalio's transparency rules at Bridgewater Associates!

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wow really good video, it does break down some important topics, what do you like about it?

I like it because it explains a lot of what you learn in macro economics 101 in college with great visuals. I recommended this video to every freshman that joined our fraternity in college I hope they still make them watch it.

Also I checked out your profile and I love the stuff that you post about. Look forward to reading some of them as I get a chance.