principle for dealing with the changing world order

Anyone who studies history can see that no system lasts forever, yet almost everyone is surprised and ruined when they fail. Yet many people still believe that the future will be a slightly modified version of the recent past, so these momentous events are surprising unless you’ve studied the patterns of history over many generations. It is very rare that a country in a century doesn’t experience at least one harmonious period and one destructive period. These big cycles swing from peace and prosperous periods to depression, revolution and war. A rising new power challenges the existing world power and world order.Like we’ve seen almost worldwide for the last 8-10 years or more, ramping up now. Due to the wealth, political and value gaps in roughly a century, significant political and social conflicts within countries.Like we’ve experienced almost worldwide for the last 3-4 years. The confluence of massive debts and zero (or near zero) interest rates led to massive printing in the world’s currencies.A few years ago, Dalio observed the emergence of several significant developments that hadn’t happened in his lifetime but had occurred many times in history. He learned to anticipate and handle situations that he had never faced before. Over the last 50 years, Dalio’s had to understand the critical factors that make countries and their markets succeed and fail. Principles for Dealing with the Changing World Order is a highly insightful book that offers the practical principles to prepare ourselves for future monumental events. With 50 years of experience studying global economies and markets, Dalio reveals the timeless and universal forces behind these shifts and uses them to predict our future. In this book, the legendary investor and author of Principles Ray Dalio immerses us in his study of major empires and compares the successes and failures of all the world’s major countries throughout history. This week, Ashto and Jonesy delve into history’s most turbulent economic and political periods through the New York Times bestseller Principles for Dealing with the Changing World Order.

What You Will Learn from The Changing World Order

Principle for dealing with the changing world order