000 01629nam a22001937a 4500
001 47107
020 _a9781982160272 (hbk.):
082 _a330.9 DAL
100 _aDALIO Ray
_eauthor
245 1 _aPrinciples for dealing with the changing world order:
_bwhy nations succeed and fail/
_cby Ray Dalio
260 _aNew York:
_bAvid Reader Press,
_c2021
300 _a576 pages:
_billustrations (some color);
_c24 cm
520 _aThis book examines history's most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we've experienced in our lifetimes - but similar to those that have happened many times before. A few years ago, Ray Dalio noticed a confluence of political and economic conditions he hadn't encountered before. They included huge debts and zero or near-zero interest rates that led to massive printing of money in the world's three major reserve currencies; big political and social conflicts within countries, especially the US, due to the largest wealth, political and values disparities in more than 100 years; and the rising of a world power (China) to challenge the existing world power (US) and the existing world order. The last time that this confluence occurred was between 1930 and 1945. This realisation sent Dalio on a search for the repeating patterns and cause/effect relationships underlying all major changes in wealth and power over the last 500 years.
650 _aBALANCE OF POWER
_xHISTORY
650 _aBALANCE OF POWER
650 _aECONOMIC DEVELOPMENT
_xHISTORY
650 _aECONOMIC POLICY
_xHISTORY
942 _2ddc
_cBOOK
_n0
999 _c47107
_d47107