In this our first official new BCM Blog post, you better pour some coffee (or an adult beverage depending on the time of day) and get comfortable! This simple (but not simplistic) 30-minute video by Ray Dalio, Founder of Bridgewater Associates, shows the basic driving forces behind the economy, and explains why economic cycles occur by breaking down concepts such as credit, interest rates, leveraging and deleveraging. Watch the video below or here. We think you will find it compelling.