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

by Ray Dalio

History has shown that we shouldn’t rely on governments to protect us financially.

All currencies devalue or die, and when they do, cash and bonds (which are promises to receive currency) are devalued or wiped out.

The technology war is much more serious than the trade/economic war because whoever wins the technology war will probably also win the military wars and all the other wars.