Dalio: Fed's next 'big' move will be easing
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 3 March 2016
⏱️ 10 minutes
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| 0:00.0 | Osage County, Oklahoma is getting a lot of attention right now. |
| 0:04.4 | It's the setting of Martin Scorsese's latest film, |
| 0:07.8 | Killers of the Flower Moon. |
| 0:10.0 | The movies based on a book about the 1920s Osage murders, |
| 0:14.1 | when white men poured into Osage County |
| 0:16.4 | and killed Osage people for their oil wealth. |
| 0:20.1 | I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media. |
| 0:26.8 | For over a year I was reporting a different story about other ways white people got |
| 0:32.1 | Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here. |
| 0:40.0 | Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation. |
| 0:47.0 | So how did they get it? |
| 0:49.0 | Listen to the award-winning podcast in Trust on the I-Heart |
| 0:53.8 | radio app Apple Podcast or wherever you get your |
| 0:57.4 | podcasts. |
| 0:59.4 | Not reflective of how the leaders are handling the economy. |
| 1:03.2 | Based on what you've seen, do you feel better about their ability to handle their debt situation now than you did say six months ago? |
| 1:10.9 | Probably about the same. The balance of payments issue is going to be a challenge. |
| 1:19.0 | Let me, if you want to get into the balance of payments, I'll explain it just a little bit but the balance of payments |
| 1:23.0 | has to do the currency. A lot of money leaving the country for... |
| 1:27.0 | And they are draining the reserves very quickly. That's right. Because money is leaving the country. |
| 1:31.6 | And also these cycles happen every place. |
| 1:34.8 | But what happens is when the money's leaving the country, |
... |
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