How Countries Go Broke: The Big Cycle

Explore the intricate dynamics of national economies with How Countries Go Broke: The Big Cycle. This #1 New York Times Bestseller offers a profound examination of the forces that can lead nations into financial distress.

Ray Dalio, a renowned investor and author, presents his groundbreaking theory of the "Big Debt Cycle." This model provides critical insights into the current economic landscape, helping to understand the trajectory of debt issues facing major global economies like the US, Europe, Japan, and China.

The book delves into the interconnectedness of debt crises with broader societal shifts, including political tensions, geopolitical rivalries, natural events, and technological advancements like AI. These factors collectively shape what Dalio terms the "Overall Big Cycle" of global change.

How Countries Go Broke is recognized as a Charts Most Read and Charts Most Selling title, offering an invaluable resource for understanding complex Current Affairs. It serves as an essential guide for policymakers, investors, and engaged citizens seeking clarity on the challenges and potential solutions to national debt problems.