My New Book How Countries Go Broke is Available Today

Today is the launch day for my new book, How Countries Go Broke: The Big Cycle.

I wrote this book because I believe now is a critical time when it comes to the global debt burden. I’ve spent a lot of time over the last 50 years as a global macro investor finding the indicators of debt problems, and I want to pass along what I’ve learned so that policymakers and individuals can try to deal with our current situation well.

Through studying history, I’ve come to realize that everything happens due to cause-effect relationships that can be studied and understood. So reality works like a perpetual motion machine that began an eternity ago and will take us into the future.

That perspective has driven my approach to life which has led to whatever success I have had. And I hope it will help others better understand how we got where we are, and what we need to do next to avoid bad outcomes for everyone.

Our current debt situation has implications for almost all markets and economies. So if you’re interested in learning more, I hope you’ll give it a read — and I’m excited to continue exchanging ideas about this with you on social media.

You can find a link to order the book here

And as always, I welcome your thoughts.

#principles #raydalio #debt #economics #history