The Changing World Order

From legendary investor Ray Dalio, the author of the New York Times bestseller Principles , a book that examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes—and to offer practical advice on how to navigate them well. A few years ago, Dalio noticed a confluence of political and economic conditions he hadn’t encountered before: huge debts and zero or near-zero interest rates led to massive printing of money in the world’s three major reserve currencies; big political and social conflicts within countries due to wealth,political, and values disparities; and rising powers challenging existing ones.