All-In with Chamath, Jason, Sacks & Friedberg
Ray Dalio | The All-In Interview
David Friedberg
And you highlight that these big debt cycles typically last about 80 years. They're more easily forgotten than the short-term debt cycles, which last about six years on average, plus or minus three years, you say. And we're now 12 and a half cycles of the short-term debt cycle since 1945. So we've kind of been in this big debt cycle in the US for about 80 years at this point.
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