Description

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 This template allowed his firm Bridgewater Associates to anticipate 2008s events and navigate them well while others struggled badly

As he explained in his internationalbestseller Principles Ray Dalio believes that almost everything happens over and over again through time so that by studying patterns one can understand the causeeffect relationships behind events and develop principles for dealing with them well In this threepart 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

The template comes in three parts
1 The Archetypal Big Debt Cycle which explains the template
2 Three Detailed Cases which examines in depth the 2008 financial crisis the 1930s Great Depression and the 1920s inflationary depression of Germanys Weimar Republic
3 Compendium of 48 Cases which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years

Whether youre an investor a policy maker or are simply interested in debt this unconventional perspective from one of the few people who navigated the crisis successfully Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways