PrinciplesforDealingwiththeChangingWorldOrder

A few years ago, Ray Dalio noticed a unique combination of political and economic factors that he had never seen before. These included high levels of debt and low-interest rates, which caused countries to print a lot of money. There were also big conflicts in countries, especially in the United States, caused by the largest wealth, political, and values gaps seen in over 100 years. Furthermore, China had emerged as an opposing superpower challenging the United States and the current global order. The last time such a confluence of events emerged was between 1930 and 1945. Realizing this, Dalio embarked on a search for patterns and cause/effect relationships underlying major shifts in wealth and power over the last 500 years. In this insightful addition to his Principles series, Dalio takes us on a journey through the rise and fall of major empires like the Dutch, the British, and the American. He puts into perspective the "Big Cycle" that has driven the successes and failures of all major countries throughout history. Dalio reveals the timeless and universal forces driving these transitions and offers practical principles to prepare for the future.

作者简介

RayDalioisthefounderandcochairmanofBridgewaterAssociates,which,overthelastfortyyears,hasbecomethelargestandbestperforminghedgefundintheworld.DaliohasappearedontheTime100listofthemostinfluentialpeopleintheworldaswellastheBloombergMarketslistofthe50mostinfluentialpeople.HeistheauthorofPrinciples,BigDebtCrisis,andP...