Principles for Dealing with the Changing World Order: Why Nations Succeed or Fail

This book provides and macro view that helps us understand what is going on in the world right now and what to expect now as the new world order shifts to China being in control and accelerating past US. It looks back to when the British and Dutch were in command and what happened and why those patterns are repeating

This book is just brilliant. It is written in simple language and never lets you fall behind. Each page brings another nugget that is compounded with all the others, leaving the reader with a much more rounded view of the world, how it became what it is and what it might become in the future. I cannot rate this highly enough

This book is written by one of the greatest macro investors ever. Using his knowledge and the expertise built up at Bridgewater Capital he’s decided to share it with the world. It certainly is interesting when you zoom out over about 600 years and see the cycles unfolding with rises and falls of empires. It’s also a masterpiece of economic and geo-political history which probably has no equal.As Ray has compiled the data for specific countries he can show, over time, how their influence rose and fell, e.g. the British empire. He believes that these principles can be applied in the future and will therefore determine his macro trading.The book showed me that seemingly invincible empires get stretched and eventually crumble and he correctly identifies the shifting tectonic plates between the US, China and others.It’s a meaty ready but valuable all the same.PS: If there was a reissue, I’d like clearer charts as some contain too many variables with subtle colour changes. I did like the bold type however, as that points to summaries rather than reading the whole text. I also liked the references to economicprinciples.org which is something that can be updated as things evolve.

I found it a fascinating (and at times scary) read. I think very pertinent in today’s times.Bought it to get a better insight into Ray Dalio’s thinking about investment markets but the book has a much wider reach. Not always the easiest read and fair bit of repetition but all in all a great piece of research and writing.

Looking at the cycles that take place in world government and it gives us a head start in terms of how the world might proceed going forward. It’s an easy read and is designed to be read quickly by busy people

Loved the broad perspectives (zoomed out views) towards understanding the evolution of nations. He seems to be a keen student of History and have done a fair bit of scholarship. Was interested by his frameworks for analysing trends/countries, as well as his computer generated analyses. Seems that to be a good macro investor, you need to be very worldly, know what is going in the world, be kind of a jack of all trades/polymath/dabbler, and to turn over all the rocks. And to seek out as many expert opinions as possible while keeping an open mind for triangulation as most see the world from within their unique (and inadvertently narrow) fields of expertise.

I had the sense for cycles in history, but just vaguely knew how it affected the economy.This book is a thorough overview.It's not a short read, but important for anyone who wants to understand the economic cultural context of what we are going through right now.

This should be a must read book for politicians and the politically motivated. The book is well argued, presents evidence to support the argument, and does not let emotion get in the way of facts. When the next financial cataclysm hits and the politicians claim “no-one saw it coming” this book proves otherwise. Sadly my own experience mirrors that of the author: if you try to inject much needed economic realism into a debate the politically motivated simply abuse you.

Refreshing to read something that isn't just a duplication of what everyone else thinks. Ray has stood back from the short term details (and noise) enough to see some very repetitive long term patterns. Wish more financial writers/ analysts/ fund managers thought long term, as this book does.

Dalio has a unique perspective on the topic of the changing world order. He is a successful businessman who has spent his career analyzing economic trends and patterns, and this book is a culmination of his findings. His writing is clear and concise, making complex economic concepts easy to understand.One of the best features of the book is its organization. The book is broken down into 14 chapters, each focusing on a different aspect of the changing world order. Dalio starts with the big picture, examining the major forces driving the changing world order, before delving into the specifics of each major empire, including the Dutch, British, American, Chinese, Soviet, and Japanese empires. Ultimately, he brings everything full circle by discussing the changing world order today and what the future may hold.Another great aspect of the book is the way that Dalio weaves history and economics together. He doesn't just present economic theories in a vacuum; he uses real-world examples to show how they have played out over time. For example, in Chapter 5, he discusses the Great Depression and how it shaped the changing world order in the 1930s and 1940s. He also uses the rise of populism in Chapter 7 to illustrate how economic inequality can lead to political instability.Overall, I would highly recommend "The Changing World Order" to any intelligent human interested in economics, history, or politics. This book is a must-read for anyone who wants to understand the forces shaping our world today and what the future may hold. As Dalio himself puts it, "understanding how the world works is essential if you want to accomplish your goals and live a fulfilling life."Here are some key takeaways from the book:The changing world order is driven by three major forces: the changing relative powers of countries, the changing relative productivity of countries, and the changing values of countries.The rise and fall of empires is a natural part of the changing world order. Each empire has its own unique characteristics, but they all follow a similar pattern of rise, peak, and decline.The post-World War II order was built on the idea of free trade and cooperation between nations. However, this order is now under threat due to rising nationalism and protectionism.China is currently on the rise and is likely to become the world's dominant economic power in the coming decades. However, although this rise is not guaranteed, and there are many challenges that China will need to overcome, the US needs to step up its game on several fronts to compete.The future of the world order is uncertain, but there are a few things we can say with some degree of certainty. For example, the rise of automation and artificial intelligence is a hot topic today likely to have a major impact on the global economy in the coming years.Overall, "The Changing World Order" is a well-written and informative book that is sure to appeal to a wide range of readers. Whether you're a history buff, an economics nerd, or just someone who wants to better understand the world we live in, this book is well worth your time. As Dalio himself says, "The more you know, the more you'll understand, and the more you'll be able to make informed decisions about your own life." Five stars from me, give it a read!

Ray Dalio mais uma vez escreve uma obra compartilhando parte de seus conhecimentos adquiridos por meio de experiência, que supera expectativas. Este livro quando permite ao seu leitor ter uma compreensão mais ampla sobre economia mundial em função dos acontecimentos da história e como isto se manifesta no mundo atual - na relação entre impérios no passado e países no presente -, para tanto entendermos fatos que os conectam à prosperidade financeira ou ruína, como também para investidores reconhecerem sinais que lhes permite compreender a situação econômica mundial e assim elaborar suas estratégias de investimento para obter maiores êxitos. Para aqueles que leram "Big Debt Crisis" escrito por ele, este livro será uma extensão natural dos assuntos e sobretudo uma ampliação de horizontes sobre economia mundial e investimentos financeiros.

While the past has been accurately examined, the enormous contingencies we are witnessing the last three years makes me doubt on the future vision. There are many avalanches at sight that might profoundly change current practices to deal with climate change, domestic energy sources, military spending, food production and health care. Current social institutions are not responding fast enough to all these exploiting unattended concerns of the whole population.

Questo libro è un'otitma introduzione macro-economica al funzionamento del mondo.Assieme a Broken Money (Lyn Alden) può permettere a chiunque di capire la direzione di fondo, pur non scontata, in cui si sta andando, sempre che uno abbia il coraggio di mettere in dubbio le certezze che si danno per scontate e l'apparente stabilità che vorremmo sempre avere, ma che non fa parte della realtà del nostro mondo. Moneta, economia, stati, ordini sociali sono in continuo mutamento, in ascesa e in declino, e questo libro spiega in termini semplici come ciò avviene.