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From the #1 New York Times bestselling author of Principles and legendary investor Ray Dalio, who has spent half a century studying global markets, The Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically differen...

From the #1 New York Times bestselling author of Principles and legendary investor Ray Dalio, who has spent half a century studying global markets, The Changing World Order 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.

A few years ago, renowned investor Ray Dalio began noticing a confluence of political and economic conditions he hadn’t encountered before in his fifty-year career. They included large debts and zero or near-zero interest rates in the world’s three major reserve currencies; significant wealth, political, and values divisions within countries; and emerging conflict between a rising world power (China) and the existing one (US). Seeking to explain the cause-effect relationships behind these conditions, he began a study of analogous historical times and discovered that such combinations of conditions were characteristic of periods of transition, such as the years between 1930 and 1945, in which wealth and power shifted in ways that reshaped the world order. Looking back across five hundred years of history and nine major empires—including the Dutch, the British, and the American—The Changing World Order puts into perspective the cycles and forces that have driven the successes and failures of all the world’s major countries throughout history. Dalioreveals the timeless and universal dynamics that were behind these shifts, while also offering practical principles for policymakers, business leaders, investors, and others operating in this environment.

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Number of Pages: 608

ISBN: 1982160276

ISBN-13: 9781982160272


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4/ The book does a great job highlighting the differences between the two superpowers in a way that I think is not often discussed. Hopefully this greats more empathy and moves beyond simple narratives.

Reading @RayDalio's Principles for Dealing with the Changing World Order and cannot help but think this man is an inch away from understanding #Bitcoin's importance to the world. Excellent book.

Good piece by @wolfejosh [link] For worrisome understanding of our presumed ability to defend ourselves, read: [link] and for likelihood of need for strenght, read

Principles for Dealing with the Changing World Order by Ray Dalio. Short video version. Book is required reading but this is a nice supplemental distillation.