Principles for dealing with the changing world order Cover Image

Principles for dealing with the changing world order / Ray Dalio.

Changing world order (portion title)
Why nations succeed and fail (portion title)

Dalio, Ray, 1949- (author.).

Summary:

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

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.

Record details

ISBN: 1471196690
ISBN: 1982160276
ISBN: 9781471196690
ISBN: 9781982160272
Physical Description: 557 pages : color illustrations, color map ; 24 cm
Edition: First Avid Reader Press edition
Publisher: New York : Avid Reader Press, 2021.
Copyright: ©2021

Content descriptions

General Note:	"Why nations succeed and fail"--Cover. Pagination may vary.
Bibliography, etc. Note:	Includes bibliographical references.
Formatted Contents Note:	Part I: How the world works. Introduction ; Big cycle in a tiny nutshell ; Determinants ; Determinants addendum ; Big cycle of money, credit, debt, and economic activity ; Changing value of money ; Big cycle of internal order and disorder ; 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 ; Big cycle rise and decline of the Dutch Empire and the guilder ; Big cycle rise of the British Empire and the pound ; Big cycle rise and decline of the United States and the dollar ; 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.