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YouTubePrinciples by Ray Dalio
1929 vs. Now: The Difference is Where the Debt is
Economic bubbles throughout history tend to follow similar patterns, but they are never exactly the same. In 1929 and 2008, there was a lot of debt — but most of it was owned by the private sector. Today, the government sector has a lot of the debt. Still, one man’s debts are another man’s assets. And when the bill comes due and the debt ...
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As bankruptcies and layoffs mount under this Trump administration, nothing spells impending economic disaster like the closure of the largest Tyson Foods beef processing facility in Nebraska entirely due to Trump tariffs. 3200 people are losing their jobs! The most downright worrisome fact is that Trump’s economy is now hitting those industries at the very top of the food chain. And there doesn’t seem to be any end in sight.#tysonfoodslexingtonnebraska #tarifstimuluschecks #beefprices #joblayoff
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