| If I had to pick the most important chapter from my new book, How Countries Go Broke: The Big Cycle, this would be it. In fact, I think it’s so important that I wanted to make sure it was easily accessible for anyone who might be interested. Because once you understand the big cycle and how it works, watching events unfold is like watching a movie that you have seen many times before. That’s because the big cycle is a dynamic that has worked in the same basic way for thousands of years in all countries, driven by the same logical cause-effect relationships. Throughout history, certain forces have come together to drive these cycles and dramatically change the world order. If you’re interested in learning more, you can buy the book on Amazon (https://www.amazon.com/Principles-Investment-Economic-Ray-Dalio/dp/1501124064) or in bookstores nationwide. ---------------------------------------- For more from Ray: Principles | #1 New York Times Bestseller: https://amzn.to/2JMewHb Principles for Success, distills Principles into an easy-to-read and entertaining format for readers of all ages: https://amzn.to/34lgnNJ Download his free app: https://principles.app.link/PFS Connect with him on Facebook: https://www.facebook.com/raydalio Follow him on X: https://www.twitter.com/raydalio Follow him on LinkedIn: https://www.linkedin.com/in/raydalio/ Follow him on Instagram: https://www.instagram.com/raydalio/ Follow him on TikTok: https://www.tiktok.com/@principlesbyraydalio |
Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
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