If you’re going to become a successful property investor, business person or entrepreneur you’re going to have to understand how “the economy” works.
And if you’re like most investors or business people, you will not have had a formal education in economics which means you won’t always understand some of the economic principles that drive our markets.
So do yourself a favour and spend 30 minutes watching the follwoing simple, but not simplistic, animated video.
It’s based on Ray Dalio’s practical template for understanding the economy and breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.
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