623 reactions · 157 shares | So much of our current political and economic climate can be explained by debt cycles— and how those cycles build on each other over time. I explain why in my new book, How Countries Go Broke. But if you’d like more context on how all of these pieces come together, I recommend you watch my 30-minute explainer “How the Economic Machine Works” on YouTube (linked in my bio). | Ray Dalio | Facebook

#FPReels: Spain Protesters Demand Debt Relief, Climate Justice Ahead of UN Summit Activists marched through Seville, Spain, in intense heat on Sunday, demanding debt cancellation, climate justice and higher taxes on the super-rich ahead of a major UN summit on development financing. Protesters, including Greenpeace members with a satirical Elon Musk float, urged action on poverty and climate change. Despite scepticism due to limited international commitment, Spanish Prime Minister Pedro Sanchez