# @raydalio on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DFVtzYLRPXD
- **Gondola URL:** https://gondola.cc/posts/65335767-raydalio-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/cf67d7dd2c.jpg
- **Posted:** 2025-01-27T18:40:40.000+00:00
- **Account Owner:** Ray Dalio (@RayDalio) — https://gondola.cc/RayDalio

## Caption

When you borrow money you can spend more, but you also create debt. That debt needs to be paid back, which is the start of a big debt imbalance and can lead to a crisis. You can read the first part of my book “How Countries Go Broke” at the link in my bio for FREE now.

#principles #raydalio #mentor #economics

## Stats

- **Views:** 48,939
- **Likes:** 4,749
- **Shares:** 0
- **Comments:** 110

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Julian Smith | @byjuliansmith | https://gondola.cc/byjuliansmith | Graphic Designer |
| Julian Smith | @byjuliansmith | https://gondola.cc/byjuliansmith | Video Editor |

## Tags

principles, mentor, raydalio, economics

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