There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.
Ray DalioI could see that making judgments about people so that they are tried and sentenced in your head, without asking them for their perspective, is both unethical and unproductive. So I learned to love real integrity and to despise the lack of it.
Ray DalioThe big question is: When will the term structure of interest rates change? That's the question to be worried about.
Ray DalioWhen two intelligent parties disagree, that's when the potential for learning and moving ahead begins.
Ray Dalio