Principles of Sustainability: How to Manage the Great Debt Cycle and Prevent Financial Crises
49.99 €
In stock
Principles of Sustainability: How to Manage the Great Debt Cycle and Prevent Financial Crises
49.99 €
The global economy is experiencing a period of structural change. Markets are turbulent, government debt is reaching record levels, central banks are balancing inflation and recession, and geopolitical instability is becoming the new normal. Investors, politicians, and business leaders are trying to figure out one key thing: is this temporary turbulence or the beginning of a major economic turnaround?
To answer this question, Ray Dalio examined over 500 years of financial history and dozens of major debt crises and discovered a recurring pattern—the Great Debt Cycle—that explains how economies move from prosperity to crisis and why even the strongest nations collapse.
Based on historical cases from the US, Europe, and China, Dalio shows the signals that warn of approaching turning points and how to read economic indicators to understand where the system stands today.
Read this book to understand:
— the stages of the Great Debt Cycle and their signs;
— the concept of managed debt deleveraging;
— a system of indicators that help assess a country's resilience long before a crisis;
— historical precedents that allow for a fresh look at the current global economic situation;
— practical analytical models for protecting capital and making strategic decisions.
To answer this question, Ray Dalio examined over 500 years of financial history and dozens of major debt crises and discovered a recurring pattern—the Great Debt Cycle—that explains how economies move from prosperity to crisis and why even the strongest nations collapse.
Based on historical cases from the US, Europe, and China, Dalio shows the signals that warn of approaching turning points and how to read economic indicators to understand where the system stands today.
Read this book to understand:
— the stages of the Great Debt Cycle and their signs;
— the concept of managed debt deleveraging;
— a system of indicators that help assess a country's resilience long before a crisis;
— historical precedents that allow for a fresh look at the current global economic situation;
— practical analytical models for protecting capital and making strategic decisions.
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