On today's show Preston and Stig discuss billionaire Ray Dalio's new book, Big Debt Crises.  

IN THIS EPISODE YOU’LL LEARN:

• Why Ray Dalio thinks that the US Dollar could depreciate 30%.
• Why the financial crisis in 2007-2011 was solved much faster than the Great Depression.
• How to diagnose in which stage of a debt crisis an economy is in.
• How a fixed exchange rate can both be the solution and the problem of a debt crisis .

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
• Ray Dalio’s video, How the Economic Machine Works 
• Ray Dalio’s interview where he mentions the 30% decline in the value of the dollar
• Ray Dalio’s new book on Amazon: Big Debt Crises
• Ray Dalio’s new book on pdf: Big Debt Crises

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