In Principles for Dealing with the Changing World Order, legendary investor Ray Dalio examines the rise and fall of great powers through history to explain the turbulent shifts we are experiencing today. Drawing on centuries of economic and political cycles—from the Dutch and British empires to America’s current position—Dalio identifies recurring patterns that determine why nations thrive, decline, and are eventually replaced.
He explains how debt crises, wealth gaps, internal conflict, external wars, and the erosion of reserve currencies all fit into a cycle that repeats across time. According to Dalio, the U.S. and the world are now deep into such a cycle, marked by record debt, political polarization, technological transformation, and the shifting balance of global power toward China.
Blending history, economics, and his signature data-driven research, Dalio offers a framework for understanding where we are in the long-term cycle, what risks lie ahead, and how individuals, businesses, and governments can navigate the coming era of disorder.
Author: Dalio, Ray
Brand: Avid Reader Press / Simon & Schuster
Edition: 1
Binding: hardcover
Number Of Pages: 576
Release Date: 30-11-2021
model number: 9781982160272
EAN: 9781982160272
Package Dimensions: 9.3 x 6.5 x 1.5 inches
Languages: English
