Ray Dalio heads the world's largest hedge fund, Bridgewater Associates. The fund is world renown for its impeccable track record and Dalio is seen as a guru when it comes to his 30 plus years of experience in the financial industry. Yesterday, Bridgewater posted a video on their YouTube channel where Dalio provides a chart that he say's he has used in his career to have a better understanding of how the economy works.I just watched the 31 minute long video and I can honestly say it has changed my complete understand of how the economy works, and gave me a greater understand on how the Fed works. I recommend this video for anyone who has questions of where our economy is in terms of historical cycles we have seen in economies as they go up and down.