Why is the economic downturn considered almost certain according to the text?
Dalio: Global Economy Faces ‘Scary Situation’
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Business
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University
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Hard
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The video discusses the potential for an economic downturn within a 10-year period, highlighting the risks associated with a large wealth gap and ineffective monetary policy. These factors contribute to a precarious economic situation.
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How does ineffective monetary policy contribute to the situation described?
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