As a network, one of our key endeavours is to develop financial education and understanding in South Africa.
Many of us feel intimidated by the jargon that accompanies discussions around financial markets and this is exacerbated in a country like South Africa where many people remain excluded from the mainstream economy. While we hear the jargon around “Sovereign Downgrades”, “GDP” and hear about the trillions of Rands floating around in the economy, many of us would like to simply understand what makes an economy tick.
Ray Dalio is widely recognised as one of the leading thinkers in global markets and he is passionate about demystifying the workings of the economy. In this 30 minute video, Dalio explains how an economy is put together and is a must-watch for those serious about building their financial knowledge: