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How Countries Go Broke: The Big Cycle, Hardcover von Dalio, Ray, brandneu, F...
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eBay-Artikelnr.:365615496196
Artikelmerkmale
- Artikelzustand
- ISBN
- 9781501124068
Über dieses Produkt
Product Identifiers
Publisher
Simon & Schuster
ISBN-10
1501124064
ISBN-13
9781501124068
eBay Product ID (ePID)
23067074486
Product Key Features
Book Title
How Countries Go Broke : the Big Cycle
Number of Pages
400 Pages
Language
English
Publication Year
2025
Topic
Personal Finance / Investing, Leadership, Personal Finance / General
Genre
Business & Economics
Book Series
Principles Ser.
Format
Hardcover
Dimensions
Item Height
1 in
Item Weight
22.8 Oz
Item Length
9 in
Item Width
6 in
Additional Product Features
Intended Audience
Trade
Reviews
"This book should be a must read for every member of Congress, everybody in the administration, everyone who wants to understand how important this issue is." --Joe Scarborough, former Congressman and host of Morning Joe, Praise for How Countries Go Broke: "Ray Dalio's brilliant, iconoclastic approach to understanding financial markets and the economy has richly rewarded him with the predictive powers that made him one of the great investors of our time. This book distills his insights and applies them to the current perilous moment. It is an invaluable resource for policy makers, investors, and citizens." --Lawrence H. Summers, former Secretary of the Treasury and author of Evolution or Revolution?: Rethinking Macroeconomic Policy After the Great Recession, "Everything Ray Dalio writes is compelling reading for the investor and the policymaker. This is an excellent and bracing study of one of the toughest and most dangerous set of policy risks, adding to his already valuable work on what drives the rise and demise of markets, economies and empires." --Timothy Geithner, former Secretary of the Treasury, "Ray Dalio has provided me with invaluable guidance and insights that are now available to you in Principles ." --Bill Gates
Synopsis
#1 NEW YORK TIMES BESTSELLER "Advance copies of Ray Dalio's new book about how countries go broke have become a hot read in Washington." -- The New York Times "This book is a gift to humanity....Ray provides a solution to what is the biggest and most certain threat to our prosperity." --Henry M. Paulson Jr. "An invaluable resource for policymakers, investors, and citizens." --Lawrence H. Summers An urgent warning about the American economy from Ray Dalio, the #1 New York Times bestselling author of Principles . Do big government debts threaten our collective well-being? Are there limits to debt growth? Can a big, important reserve currency country like the United States really go broke--and what would that look like? For decades, politicians, policymakers, and investors have debated these questions, but the answers have eluded them. In this groundbreaking book, Ray Dalio, one of the greatest investors of our time who anticipated the 2008 global financial crisis and the 2010-12 European debt crisis, shares for the first time his detailed explanation of what he calls the "Big Debt Cycle." Understanding this cycle is critical for helping policymakers, investors, and the general public grasp where we are and where we are headed with the debt issue. Dalio's model points toward surprisingly straightforward solutions for dealing with the debt problems that the US, Europe, Japan, and China face today. How Countries Go Broke also shows how these debt problems are related to the other forces--political within countries, geopolitical between countries, natural (droughts, floods, and pandemics), and technological (most importantly, AI)--that together are causing what Dalio calls the "Overall Big Cycle" changes in the world order. By reading this book, you will improve your understanding of what's happening now and what to do about it.
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