Dalio, Ray, 1949-

Principles for dealing with the changing world order : why nations succeed and fail / Ray Dalio.

330.9 Dalio 2021

New York, NY : Avid Reader Press, 2021.

©2021

557 pages : illustrations (chiefly color), maps ; 24 cm

Examines history's most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those in recent memory.

A few years ago, Dalio noticed a confluence of political and economic conditions he hadn't encountered before: huge debts and zero or near-zero interest rates that led to massive printing of money in the world's three major reserve currencies. Here Dalio brings readers along for his study of the major empires-- the Dutch, the British, and the American-- and puts into perspective the "big cycle" that has drives the successes and failures of all the world's major countries through history. -- adapted from jacket

Economic development -- History.

Economic policy -- History.

Balance of power -- History.

Economic history.

Changing world order

Part I: How the world works. Introduction ; The big cycle in a tiny nutshell ; The determinants ; Determinants addendum ; The big cycle of money, credit, debt, and economic activity ; The changing value of money ; The big cycle of internal order and disorder ; The big cycle of external order and disorder ; Investing in light of the big cycle -- Part II: How the world has worked over the last 500 years. The last 500 years in a tiny nutshell ; The big cycle rise and decline of the Dutch Empire and the guilder ; The big cycle rise of the British Empire and the pound ; The big cycle rise and decline of the United States and the dollar ; The big cycle rise of China and the renminbi ; US-China relations and wars -- Part III: The future. The future -- Appendix: Computer analysis of the conditions of, and prospects for, the world's leading countries.

9781982160272

1982160276

9781471196690

1471196690

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