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Summary and Insight of Principles for Dealing with the Changing World Order : Why Nations Succeed and Fail by Ray Dalio

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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 Frank Skinner

EXCERPTS FROM THE BOOK

A few years earlier, Ray Dalio saw a combination of political and financial conditions he hadn't encountered beforehand. They included epic commitments and zero or very nearly zero credit costs that incited immense printing of money in the world's three huge save financial structures; colossal political and social battles inside countries, especially the US, in view of the greatest wealth, political, and values deviations in the north of 100 years; and the climbing of an awe-inspiring phenomenon (China) to challenge the current politically persuasive country (US) and the current world solicitation. The last time that this combination happened was someplace in the scope of 1930 and 1945. This affirmation sent Dalio on a journey for the repeating models and cause/sway associations stowed away all huge changes in wealth and control over the span of the latest 500 years.

In this pivotal and ideal extension to his Principles series, Dalio brings perusers along for his examination of the critical areas—including the Dutch, the English, and the American—putting into perspective the "Tremendous Cycle" that has driven the triumphs and disillusionments of a large number of world's huge countries since the start. He reveals the interminable and far-reaching powers behind these developments and uses them to explore the future, presenting practical principles for arranging oneself for what's definitely coming.

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23 pages, Kindle Edition

Published January 11, 2022

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Frank Skinner

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