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Principles for dealing with the changing world order

Dalio, Ray, 1949-2021
Books
A few years ago, renowned investor Ray Dalio began noticing a confluence of political and economic conditions he hadn't encountered before in his 50-year career. They included large debts and zero or near-zero interest rates in the world's three major reserve currencies; significant wealth, political and values divisions within countries; and emerging conflict between a rising world power (China) and the existing one (US). Seeking to explain the cause-effect relationships behind these conditions, he began a study of analogous historical times and discovered that such combinations of conditions were characteristic of periods of transition. Looking back across 500 years of history and 9 major empires - including the Dutch, the British and the American - this book puts into perspective the cycles and forces that have driven the successes and failures of all the world's major countries throughout history.
Author:
Imprint:
London : Simon & Schuster, [2021]©2021
Collation:
557 pages : illustrations (colour) ; 24 cm
Audience:
Specialized.
ISBN:
9781471196690 (hbk. :)
Dewey class:
338.9009
Language:
English
BRN:
1291063
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