(?)
Quotes are added by the Goodreads community and are not verified by Goodreads. (Learn more)
Ray Dalio

“The European Union’s relative declines and crises in the early 21st century occurred for the classic reasons Big Cycle declines occurred, which are reflected in the eight measures of power and other indicators described in Chapter 2. These are the same reasons that other empires have experienced crises. More specifically, Europe’s debt is large, its economy is fundamentally weak, its internal conflicts are relatively large, its vitality and level of inventiveness are relatively weak, and its military is not strong. The wealth and income inequalities between and within its member countries have fueled the rise of populists, many of whom oppose the European Union, and who succeeded in causing the UK to leave it. In short, from its position of a leading empire not long ago, Europe as a whole (and the UK with it) has slipped to a position of secondary power.”

Ray Dalio, Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
Read more quotes from Ray Dalio


Share this quote:
Share on Twitter

Friends Who Liked This Quote

To see what your friends thought of this quote, please sign up!

1 like
All Members Who Liked This Quote

None yet!


This Quote Is From

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio
16,316 ratings, average rating, 1,354 reviews
Open Preview

Browse By Tag