How countries go broke the big cycle: An urgent warning about the American economy from Ray Dalio, the #1 New York Times bestselling author of Principles.
Do big government debts threaten our collective well-being? Are there limits to debt growth? Can a big, important reserve currency country like the United States really go broke—and what would that look like?
For decades, politicians, policymakers, and investors have debated these questions, but the answers have eluded them. In this groundbreaking book, Ray Dalio, one of the greatest investors of our time who anticipated the 2008 global financial crisis and the 2010–12 European debt crisis, shares for the first time his detailed explanation of what he calls the “Big Debt Cycle.”
About how countries go broke the big cycle
| Book Name | How Countries Go Broke: The Big Cycle (Principles) |
| Author | Ray Dalio |
| Format | |
| Size | mb |
| Pages | 400 |
| Language | English |
| Release date | June 3, 2025 |
| free audio book | free kindle book |
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