Principles of Management Accounting - Search Videos

Past the Point of No Return

YouTubePrinciples by Ray Dalio

Past the Point of No Return

Yes, we are past the point of no return. When debt service payments squeeze out spending, it is like plaque in the circulatory system squeezing out the flow of blood. It is the same kind of thing, and it can be measured. We are seeing that happen right now. There is also a supply and demand issue. A budget deficit means that debt has to be sold ...

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