This revelation motivated Dalio to search for the repeating trends and cause-and-effect relationships that underlie all important changes in wealth and power during the preceding 500 years. The last instance of this convergence occurred between 19. This was especially true of the United States. Due to the largest wealth, political, and value disparities in more than a century and the rise of global power to challenge the preexisting world order, the world's three major reserve currencies saw massive money printing and major political and social conflicts. Principles for Dealing with the Changing World Order, by renowned investor Ray Dalio, author of the #1 New York Times bestseller Principles, who has spent half a century studying global economies and markets, look at history's most turbulent economic and political periods to explain why the times ahead will likely be radically different from those we have experienced in our lifetimes-and to provide useful advice on how to navigate them successfully.Ī few years ago, Ray Dalio saw a confluence of political and economic circumstances that he had never seen before. Dalio has discovered historical measurements that may be used to comprehend the present." -The New York Times by Andrew Ross Sorkin The purpose of this book and the CD is to supplement and serve as study aids, not to take the place of the priceless Ray Dalio work.įew books cover such vast economic histories as well as Mr. What follows is a thorough study of his chapters on China. The Ray Dalio explanation of Principles of Dealing with Changing World Order serves as the introduction to this comprehensive overview.
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