Principles for Dealing with the Changing World Order
Why Nations Succeed and Fail
Five hundred years of empires rising and falling, read as a repeating cycle, with a hard look at where the US and China sit
Dalio studied the last five hundred years of leading empires, the Dutch, the British, the American, and argues that their rise and decline follows a recognisable cycle of debt, money printing, internal conflict and external challenge. He then applies the pattern to the present, reading the relative trajectories of the United States and China. It is economic history written by a practitioner trying to see what comes next.
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