Bridgewater's Ray Dalio- A Template for Understanding How the Economic Machine Works

Esteemed Hedge Fund Manager Ray Dalio posted an extremely informative paper on economic cycles.  This is a lot better than most of the materials that I read studying economics in college, and the recent near death experiences in the financial markets experienced over the last couple of years certainly add color to his commentary.  This is really long but if you are passionate about economics I’m confident you’ll enjoy it.

http://www.bwater.com/Uploads/FileManager/research/how-the-economic-machine-works/a-template-for-understanding–ray-dalio-bridgewater.pdf