Comments (3)
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Rayner-Hilles
Rayner-Hilles

https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/ask/pY98QOHeFE2eAof6gA5bwQ/PJmc0A4zH0mUkTRc98GyMw

That would be because interest payments cause what Ray Dalio calls the debt cycle. [Yes, the fool-to-hold-cash cash-on-the-sidelines man]

Rayner-Hilles
Rayner-Hilles

I mean we all knows this to be common sense intuitively because that's why the central banks lower interest rates in a recession in the first place.


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