How Countries Go Broke : The Big Cycle by Ray. Dalio (2025, Hardcover)

by Ray. Dalio

$34 · Offered by eBay · No longer available

Advance copies of Ray Dalio�s latest work, which explores the perilous implications of national debt, have sparked considerable interest in Washington, D.C. Esteemed voices like Henry M. Paulson Jr. praise the book as a substantial contribution to addressing one of the most pressing threats to our collective wealth. Lawrence H. Summers calls it an indispensable resource for policymakers, investors, and the general public. In this urgent examination of the American economy, Dalio, a #1 New York Times bestselling author known for his work Principles, tackles pivotal questions: Do massive government debts jeopardize our well-being? Are there natural limits to how much debt can grow? Could a significant reserve currency nation like the United States truly face bankruptcy, and if so, what would that entail? For years, these questions have been at the forefront of discussions among politicians, policymakers, and investors, yet clear answers have remained elusive. In this groundbreaking book, Dalio, renowned for his foresight during the 2008 financial crisis and the 2010-12 European debt debacle, provides his first comprehensive insight into what he terms the "Big Debt Cycle." Understanding this cycle is crucial for helping leaders, investors, and the public comprehend current debt-related challenges and future trajectories. Dalio�s framework reveals surprisingly simple solutions to the debt issues confronting the United States, Europe, Japan, and China today. Furthermore, How Count

• Publisher: Simon & Schuster
• Year: 2025
• Binding: Hardcover
• ISBN: 9781501124068
• Condition: Fine

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