How Countries Go Broke

Ray Dalio

2,183 ratings by Goodreads

Language: English

Published by Simon + Schuster UK Jun 2025, 2025

1398551465 / 9781398551466

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Seller: Books-by-Floh, Paderborn, GermanyBooks-by-Floh

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Neuware -\*\*\* THE #1NEW YORK TIMESBESTSELLER \*\*\* 'Advance copies of Ray Dalio’s new book about how countries go broke have become a hot read in Washington' New York TimesAn urgent warning about the global economy from Ray Dalio, the #1New York Timesbestselling author ofPrinciples. Do big government debts threaten our collective well-being Are there limits to debt growth Can a big, important reserve currency country like the United States really go broke–and what would that look like For decades, politicians, policymakersand investors have debated these questions, but the answers have eluded them. In this groundbreaking book, Ray Dalio, one of the greatest investors of our time who anticipated the 2008 global financial crisis and the 2010–12 European debt crisis, shares for the first time his detailed explanation of what he calls the 'Big Debt Cycle'.Understanding this cycle is critical for helping policymakers, investorsand the general public grasp where we are and where we are headed with the debt issue. Dalio's model points toward surprisingly straightforward solutions for dealing with the debt problems that the US, Europe, Japanand China face today.How Countries Go Brokealso shows how these debt problems are related to the other forces – political within countries, geopolitical between countries, natural (droughts, floodsand pandemics)and technological (most importantly, AI) – that together are causing what Dalio calls the 'Overall Big Cycle' changes in the world order. By reading this book, you will improve your understanding of what's happening now and what to do about it. 'This book is a gift to humanity . . . Ray provides a solution to what is the biggest and most certain threat to our prosperity' Henry M. Paulson Jr. 'An invaluable resource for policymakers, investors, and citizens' Lawrence H. Summers 388 pp. Englisch.

Seller Inventory # 9781398551466

Title
How Countries Go Broke
Author
Ray Dalio
Publisher
Simon + Schuster UK Jun 2025
Publication year
2025
Condition
Neu
Binding
Buch
Language
English
ISBN 10
1398551465
ISBN 13
9781398551466
Item weight
823 grams
Dimensions
235x162x31 mm

Books-by-Floh

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