![]() ![]() ![]() Whether you're an investor, a policy maker or simply interested in debt, this unconventional perspective from one of the few people who has successfully navigated financial crises, Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways. Compendium of 48 Cases (compendium of charts and brief descriptions of the worst debt crises of the last 100 years) By studying the historical data, Ray found out that the similar anomalies and crisis happened many times. Three Detailed Cases (in-depth examination of the 2008 financial crisis, the 1930s Great Depression and the 1920s inflationary depression of Germany's Weimar Republic)ģ. This short book A Template for Understanding Big Debt Crises is in a form of written examples, templates, and graphs that Ray has gathered over his life, wanting to truly understand how the global economy and markets Really work. The Archetypal Big Debt Cycle (which explains the template)Ģ. In this three-part research series, he does just that for big debt crises and shares his template in the hopes of reducing the chances of big debt crises happening, and helping them be better managed in the future.ġ. This template allowed his firm, Bridgewater Associates, to anticipate 2008's events and navigate them well while others struggled badly.Īs he explained in Principles, Dalio believes that almost everything happens over and over again through time, so that by studying patterns, we can understand the cause-effect relationships behind events and develop principles for dealing with them well. Ray Dalio, the legendary investor and international bestselling author of Principles, whose books have sold more than five million copies worldwide, shares his unique template for how debt crises work and principles for dealing with them well. ![]()
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