Principles of changing the world order. Why do some nations win while others suffer defeat?
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One of the most influential and rich people of the planet Ray Dalio explores the empire of the past, reveals the laws of take -off and falls of the leading world economies, draws conclusions regarding our present and future and gives an answer to the question why the upcoming times will radically differ from those that we have experienced.
A few years ago, Ray Dalio drew attention to the political and economic conditions that he had not encountered before. These are huge debts and zero or almost zero interest rates that led to mass printing of money in three main reserve currencies in the world, large political and social conflicts within countries, especially in the USA, and the growth of the world power (China), ready to challenge the existing world power (USA) and the existing world order. The last time this happened between 1930 and 1945. This awareness prompted Dalio to search for repeating laws and causal relationships underlying all the main changes in the layout of macroeconomic forces over the past 500 years.
Ray Dalio invites his readers to study the main world economies, including the Dutch, British and American, and consider the large cycle, which determines the successes and failures of all the largest countries of the world throughout history. He reveals the timeless and universal forces standing behind these shifts, and uses them to look into the future and formulate the principles for what ahead
A few years ago, Ray Dalio drew attention to the political and economic conditions that he had not encountered before. These are huge debts and zero or almost zero interest rates that led to mass printing of money in three main reserve currencies in the world, large political and social conflicts within countries, especially in the USA, and the growth of the world power (China), ready to challenge the existing world power (USA) and the existing world order. The last time this happened between 1930 and 1945. This awareness prompted Dalio to search for repeating laws and causal relationships underlying all the main changes in the layout of macroeconomic forces over the past 500 years.
Ray Dalio invites his readers to study the main world economies, including the Dutch, British and American, and consider the large cycle, which determines the successes and failures of all the largest countries of the world throughout history. He reveals the timeless and universal forces standing behind these shifts, and uses them to look into the future and formulate the principles for what ahead
Author:
Author:Ray Dalio
Cover:
Cover:Hard
Category:
- Category:Business & Money
- Category:Science & Math
Publication language:
Publication Language:Russian
Paper:
Paper:Offset
Age restrictions:
Age restrictions:16+
ISBN:
ISBN:978-5-00195-335-7
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