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Summary Of Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail

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DISCLAIMER

This is not the main book and in no way intends to replace it. It is however a SUMMARY written by Jared Garrett

FROM THE ORIGINAL BOOK
From amazing financial backer Ray Dalio, creator of the #1 New York Times hit Standards, who have gone through 50 years concentrating on worldwide economies and markets, Standards for Managing the Changing Scene Request looks at history's most violent monetary and political periods to uncover why the occasions ahead will probably be profoundly not quite the same as those we've encountered in the course of our lives—and to offer useful exhortation on the best way to explore them well.

A couple of years prior, Ray Dalio saw a conjunction of political and monetary conditions he hadn't experienced previously. They included colossal obligations and zero or almost zero loan costs that prompted gigantic printing of cash on the planet's three significant save monetary forms; huge political and social struggles inside nations, particularly the US, because of the biggest riches, political, and values aberrations in over 100 years; and the ascending of a force to be reckoned with (China) to challenge the current politically influential nation (US) and the current world request. The last time that this conjunction happened was somewhere in the range of 1930 and 1945. This acknowledgment sent Dalio on a quest for the rehashing examples and cause/impact connections hidden all significant changes in abundance and control in the course of the most recent 500 years.

In this momentous and ideal expansion to his Standards series, Dalio brings perusers along for his investigation of the significant domains—including the Dutch, the English, and the American—placing into viewpoint the "Huge Cycle" that has driven the victories and disappointments of the multitude of world's significant nations since the beginning. He uncovers the immortal and widespread powers behind these movements and utilizations them to investigate the future, offering down-to-earth standards for situating oneself for the thing that's inevitably coming.

38 pages, Kindle Edition

Published December 4, 2021

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About the author

Ray Dalio

42 books5,060 followers
Raymond Dalio (born August 8, 1949) is an American investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world's largest hedge funds.

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