Principles of Economics and World Orders, by Ray Dalio
In clear and visually engaging language, Ray Dalio takes the viewer on a double journey: the first reveals the fundamental mechanisms that regulate the economy, making concepts such as credit, debt and economic cycles understandable; the second broadens the view, analyzing the recurring patterns that have guided the rise and fall of the great world powers.
Ray Dalio guides the viewer through an essential explanation of the economic mechanisms that regulate the functioning of a complex system such as the global one. Using a simple but effective metaphor, he compares the economy to a machine made of interconnected gears, in which each element participates in the creation of predictable cycles of expansion and contraction.
If you find the video interesting, and want to learn more, I invite you to read the book: Principles for Navigating Big Debt Crises, also written by Ray Dalio.
#2. The changing order of the world
Ray Dalio offers an in-depth analysis of the great historical cycles that have determined the rise and fall of the world’s major powers. Through a detailed study of over 500 years of history, he identifies recurring patterns that influence the evolution of the world order. He examines factors such as debt accumulation, internal tensions, geopolitical conflicts, and technological innovations, highlighting how these elements interact to shape the destiny of nations.
If you find the video interesting, and want to learn more, I invite you to read the book: Principles for Dealing with the Changing World Order, also written by Ray Dalio.
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