Dailytech 570 - What Is The Long Term Economic Debt Cycle? (19-01-2021)
Jun 30, 2021•6 min•Season 1Ep. 570
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Episode description
Do you know what the long-term economic debt cycle is?
To put it simply - it’s when people over leverage.
At first, we see the trend go up.
-> We become more productive.
-> We keep printing more money.
Then, we crash when unnatural disturbances happen in the economy as a global pandemic.
#enterprenuership #money #fiatmoney #business #recession #economy #dollars #startups #entrepreneur #debts
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