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RAY DALIO SCENARIO - FEELS LIKE 1937?

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Dow Jones Industrial Average Index (DJ:DJI)  
scottystu  
DJ:DJI   Dow Jones Industrial Average Index
Trend Analysis Harmonic Patterns debtbubble debt Cycles SPDR S&P 500 ETF (SPY) spyshort recession
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trendanalysis harmonicpatterns debtbubble debt cycles spy spyshort recession
"History doesn't always repeat, but it often rhymes."Ray Dalio often likes to talk about debt cycles.
Specifically, he has referenced that our economic climate can be compared to 1937.

Similarities:
  • End of long-term debt cycle, interest rates approaching 0.
  • Recent economic collapse (Great Depression of 1929-1932, Great Recession of 2008)
  • Widening wealth gap, globally
  • The rise of populism in many countries
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