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How Countries Go Broke: Principles for Navigating the Big Debt Cycle, Where We Are Headed

I’m worried that the US government debt problem will get so bad that the US will “go broke” and I believe that there are steps we can take to prevent it. I am in the process of completing a comprehensive study about the mechanics of how countries go broke, where the US government is in its Big Debt Cycle, and what policymakers and investors should do about it. The study will be published later this year as a new book: How Countries Go Broke: Principles for Navigating the Big Debt Cycle, Where We Are Headed, and What We Should Do. As with my prior books, I am going to pass along parts of it for free as I am writing, and I'd like to discuss what it says with you and others on social media.


You can read Part One here:
https://www.linkedin.com/pulse/how-countries-go-broke-introduction-chapter-one-ray-dalio-3wjae/?trackingId=YAe0vHccAzEEf4Fg%2BSNFpg%3D%3D

#raydalio #principles
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About Ray Dalio
Ray Dalio
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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