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Cover of How Countries Go Broke
Book Summary · 22 min

How Countries Go Broke

By Ray Dalio

This episode reveals the deep, cyclical patterns of debt, money printing, and human trust that silently govern the rise and fall of national economies.

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An excerpt

“This episode reveals the deep, cyclical patterns of debt, money printing, and human trust that silently govern the rise and fall of national economies.”

— Ray Dalio, How Countries Go Broke

What it is about

Economic cycles, debt, currency devaluation, human psychology

Who it is for

If you often feel overwhelmed by economic news, this can help you discern the deep, recurring patterns that truly drive national prosperity and decline, beyond daily headlines.

The author

Ray Dalio, founder of the world's largest hedge fund, draws on decades of market experience and historical analysis to reveal the timeless, cyclical mechanics behind national economic booms and busts.

About the author

Ray Dalio

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