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Description
How Countries Go BrokeCondition: BRAND NEW ISBN: 9781398551466 Year: 2025 Publisher: Simon & Schuster UK Description: An urgent warning about the American economy from Ray Dalio, the #1 New York Times bestselling author of Principles. Do big government debts threaten our collective well being? Are there limits to debt growth? Can a big, important reserve currency country like the United States really go broke and what would that look like? For decades, politicians,
Condition: BRAND NEWISBN: 9781398551466
Year: 2025
Publisher: Simon & Schuster UK
Description:
An urgent warning about the American economy from Ray Dalio, the #1 New York Times bestselling author of Principles.
Do big government debts threaten our collective well-being? Are there limits to debt growth? Can a big, important reserve currency country like the United States really go broke – and what would that look like?
For decades, politicians, policymakers and investors have debated these questions, but the answers have eluded them. In this groundbreaking book, Ray Dalio, one of the greatest investors of our time who anticipated the 2008 global financial crisis and the 2010–12 European debt crisis, shares for the first time his detailed explanation of what he calls the 'Big Debt Cycle'. Understanding this cycle is critical for helping policymakers, investors and the general public grasp where we are and where we are headed with the debt issue. Dalio's model points toward surprisingly straightforward solutions for dealing with the debt problems that the US, Europe, Japan and China face today.
How Countries Go Broke also shows how these debt problems are related to the other forces – political within countries, geopolitical between countries, natural (droughts, floods and pandemics) and technological (most importantly, AI) – that together are causing what Dalio calls the 'Overall Big Cycle' changes in the world order. By reading this book, you will improve your understanding of what's happening now and what to do about it.
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4.3 ★★★★★
Based on 22 reviews
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Product Reviews
★★★★★ 5
The Essential Work Other Than the Bible for Orthodox Christians
Format: Kindle
I just finished reading The Ladder for the fourth time. I read it every Great Lent before our Sunday of St. John Climacus. It is stern and austere being written for monks, but glorious in the lessons it provides for those of us not monastics. It is a roadmap to a Christian life, challenging and aspirational, inspiring and humbling. I learn something new with each reading, and my faith deepens. But been non-Christian readers can profit from this, as it is a great meditation on a life well loved, and an excellent depiction of the essence of a dedicated Christian life.
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Reviewed in the United States on March 29, 2025
★★★★★ 5
Great spiritual guide
It’s a fairly confusing book if you don’t know a lot about the Orthodox Church. But for anyone with enough patience to want to learn how to grow spiritually this is perfect.
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Reviewed in the United States on July 30, 2025
★★★★★ 4
Will lead you on the good path
Format: Paperback
I’ve barely made my way through the rungs of the ladder, but this book is definitely one of the greater books I’ve read, however I will say that people are right when they say this specific copy has a quite a few spelling errors, but I’m personally able to manage it well. I must warn you though, THIS IS NOT A LIGHT READ, if you’re looking for something simple to learn from, look elsewhere. This book isn’t an easy pill to swallow if you’re not open minded and at least somewhat familiar with the theology of the early church fathers, however if you are, I highly recommend you give this a read if you haven’t already. Once again, a fantastic read, but read at your own discretion.
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Reviewed in the United States on May 13, 2022
★★★★★ 5
God is love. Climb the ladder.
Format: Kindle
John of the ladder. Climb it with Climacus. There are 30 rungs to ascend. Read this book and climb today.
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Reviewed in the United States on August 27, 2025
★★★★★ 5
Excellent Guide for the Soul and the Spiritual Journey
This book was one that I somehow decided upon--seemed like divine providence. For the book ended up being quite pivotal for this point in my spiritual journey. I found it very readable, loved Climacus' to-the-point style but with yet eloquent presentation. A friend who is 87 and reads books with me, across the miles, loved this book, also. It is a kind of a guidebook for the soul, step by step. The translation is excellent; the introduction quite helpful, too. I bought the book used online, and rather than resell it, this book is definitely staying in my possession so that I can refer back to it. Excellent!
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Reviewed in the United States on April 25, 2015
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