Quote by Ray Dalio
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.
Summary
This quote suggests that although economic growth may be slow, the positive aspect is that the ratio of debt to incomes is decreasing. This is referred to as a "beautiful deleveraging," indicating that the reduction in debt levels is a positive and potentially sustainable trend. While the pace of growth may be sluggish, the reduction in debt helps improve financial stability and sets the stage for healthier economic conditions in the future.
Topics
Positive
By Ray Dalio
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