Cover of Principles for Dealing with the Changing World Order by Ray Dalio

Cover via Open Library

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Principles for Dealing with the Changing World Order

  • empires
  • China
  • debt cycles
  • reserve currency
  • geopolitics
  • investing
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Why I'd hand it to you

Ray Dalio, founder of the investment firm Bridgewater, studies the rise and fall of the Dutch, British and American empires and argues they follow a repeating cycle of debt, internal conflict and rising rivals. He then applies that pattern to the United States and China. If you like big-picture thinking about money and power, there is a lot to chew on. Now the downsides. It is long, packed with graphs and quite repetitive, and the forecasts are one investor's model, not settled history. His views on China have drawn criticism too. Readers who want a tight argument may prefer a shorter book.

— Matt Jordan

Quick summary

Book
Principles for Dealing with the Changing World Order by Ray Dalio
Who it's for
Readers who enjoy sweeping, long-form thinking about money, power and history and can treat forecasts as one investor's model.
Key topics
  • The rise and fall of empires
  • Debt cycles
  • Reserve currencies
  • The US and China
Shelves
Economics, World Affairs, History

Details

Author
Ray Dalio
ASIN
1982160276
On these shelves
Economics World Affairs History
Short link
mattsbooks.org/r/pdcw