▶ HOW THE ECONOMIC MACHINE WORKS.. (BY RAY DALIO) >> INTERESTING VIDEO !!

Printing out of debt for government and Banks is why we no longer think of Thousands or Millions as rich wealth. This printing of money has a short life span and we end up thinking and talking in Billion's and Trillions and now they are starting to talk Quadrillions! lol! And why? All because of GREED, no one on the wealth side of finance is prepared to take any form of HIT, the type of HIT we have to take all the time as ordinary consumers and people. If people stopped investing in these corporations and stopped buying their CRAP both product and thinking then things may change. Agsain tyhisd is the greed or must have arrogance of the public as well as the Banks as they know in bad times belts are pulled in but the temptation of a TREAT is to much for most human minds toi cope with? So the deadly cycle continues over and over again, and WE are the only one's that really suffer for it. All tyhe "Rillion's whatever value" are really WORTHLESS, and value will only cpome if they the RICH took a HIT for just once.

For ever Dollar you put in the Bank that bank can lend around $10 to a borrower. You money or savings in NOT kept in the bank, it becomes numbers these day's on a Computer system, this is why people cant gewt all their money from the bank on a Bank Run because Banks do not hold money. Most countries today don't even have a gold standard or even Gold itself. That is all owned by the super rich, and all this started in 1913 on Christmas Eve in America when the federal reserve was created.

BOOM's always CRASH in Cycle's and you CAN spot the signs either way, but then they started investing in "Futures", predicting future cycles of finance (WITH YOUR MONEY), this is why I think these Cycles are now more common. The Future's investor's also often get away without a hit but some must take the brunt? But you and your money is what they play with and only stand to make off of your back and you take the whipping on YOUR back when they fail and leave you with NOTHING. It's EVIL. Ordinary people should NOT invest in businesses other than their own little company or job. Would you go swimming in a lake KNOWING it was infested with Croc's? Well that is what you do with futures and investments, the thing is it is ALREADY built to play against you.

I did read that way back the Jewish Tribes, because remember being Jewish is collective group or belief not a nation. The Hebrew's and other tribes would when their local economy was overheating. would cancel debt and start from the bottom again. This freed up gross availability for spending. If Banks would stop interest on a debt so the debter COULD catch up then surely the Economy would rise? It is interest that causes the real debt isn't it. I bought a motorcycle some years ago, not the one in my prevous post. It was a Honda and it had their own loan that was interest free if the payments were met monthly. No problem i didn't even miss the money monthly. I'm sure the interest if you DIDN'T pay would be heavy. But again debt is determined by your situatoin.? Owing money isn't always a bind or bad thing "IF YOU CAN AFFORD TO PAY"! People need to learn this fact or be out of debt altogether is better.

If only more people could see or understand this SIMPLE rotation or system, but they don't and they get into debt. Debt is also relevant to income. The TV and Tractor thing is a great example. I bought a new basic motorcycle a year ago. I couldn't afford the full payment so I paid a deposit and pay monthly for only 2 years (I always do only 2 years.. The very first payment paid of the small amount of interest on the loan via a specific Motorcycle based finance company. The payments don't actually effect my savinga or income because rather than go buy a big bike I wont use because gas and stuff is expensive. This motorcycle does 100 MPG as the manual say's, by Hyper miling I'm returning just over 132 MPG, so there is a saving their. Back to debt. If you think wisely and know how this system works YOU can use it and use credit without sucking yourself into debit. Think before you buy, is their a cheaper non branded alternative item. Try to avoid every day costs like food and drink on credit, because if you don't keep an eye on it that Money in your account will vanish very quickly with multiple small transactions that you do not monitor. It's call "Living within your means" and I've been doing this for about 30 years or more now. This is why IO could by the much need small motorcycle, because although it was on Credit it was not really a debt. It is no more a debt than paying a utility bill. People do have a habit of getting fed up or depressed and go on a spending spree with credit and money that isn't theirs, this cycle just leads to more depression and debt. So live within your means, their is nothing wrong with credit as long as YOU know you can afford it, including interest. It's not as liability to you, but just going mad with a card say or spending on everyday stuff is a route to disaster. I personally don't have any Credit Cards, havn't since 2007 when I felt something was wrong in the economy, which it was as we found out in 2008. I had paid of my cards and cut them up by then. the only card I have for convenience is a Debit card that you can only draw on what you have, it also has a Daily limit. Yep you study this video the same system applies to every country not just America. Also Basically any small debt or payment or better still NO DEBT means you are pretty future proof, by that I mean you are not beholden to the system if you have no debt, if you have a small debt you can pay it off quickly with little effect on yourself. Long term debt is the real killer. Peace.