HOW COUNTRIES GO BROKE
For decades, politicians, policymakers, and investors have debated these questions, but the answers have eluded them. In this groundbreaking book, Ray Dalio, one of the greatest investors of our time who anticipated the 2008 global financial crisis and the 2010-12 European debt crisis, shares for the first time his detailed explanation of what he calls the "Big Debt Cycle." Understanding this cycle is critical for helping policymakers, investors, and the general public grasp where we are and where we are headed with the debt issue. Dalio's model points toward surprisingly straightforward solutions for dealing with the debt problems that the US, Europe, Japan, and China face today.
How Countries Go Broke also shows how these debt problems are related to the other forces-political within countries, geopolitical between countries, natural droughts, floods, and pandemics , and technological most importantly, AI -that together are causing what Dalio calls the "Overall Big Cycle" changes in the world order. By reading this book, you will improve your understanding of what's happening now and what to do about it.
Edad recomendada: Adultos.
DALIO RAY
Raymond Thomas Dalio nació en Nueva York el 8 de agosto de 1949, hijo de un músico de jazz y una ama de casa. Estudió en la Herricks High School y obtuvo su licenciatura en LIU Post, completando luego un MBA en la Escuela de Negocios de Harvard en 1973. En 1975 fundó Bridgewater Associates en Nueva York, que con el tiempo se convirtió en uno de los mayores fondos de cobertura del mundo. Desde 1985 ejerció como codirector de inversiones de la firma. Está casado y tiene hijos, entre ellos Paul Dalio, cineasta
