Pollard Memorial Library (Lowell)

Principles for dealing with the changing world order, Ray Dalio

eng

mapsillustrations

no index present

non fiction

Principles for dealing with the changing world order

1285604053

Ray Dalio

Examines history's most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those in recent memoryA few years ago, Dalio noticed a confluence of political and economic conditions he hadn't encountered before: huge debts and zero or near-zero interest rates that led to massive printing of money in the world's three major reserve currencies. Here Dalio brings readers along for his study of the major empires-- the Dutch, the British, and the American-- and puts into perspective the "big cycle" that has drives the successes and failures of all the world's major countries through history. -- adapted from jacket

How the world works. Introduction ; The big cycle in a tiny nutshell ; The determinants ; Determinants addendum ; The big cycle of money, credit, debt, and economic activity ; The changing value of money ; The big cycle of internal order and disorder ; The big cycle of external order and disorder ; Investing in light of the big cycle -- How the world has worked over the last 500 years. The last 500 years in a tiny nutshell ; The big cycle rise and decline of the Dutch Empire and the guilder ; The big cycle rise of the British Empire and the pound ; The big cycle rise and decline of the United States and the dollar ; The big cycle rise of China and the renminbi ; US-China relations and wars -- The future. The future -- Appendix: Computer analysis of the conditions of, and prospects for, the world's leading countries

adult

Principles for dealing with the changing world order, why nations succeed and failChanging world order