How Countries Go Broke: The Big Cycle (Principles)

#1 NEW YORK TIMES BESTSELLER “Advance copies of Ray Dalio’s new book about how countries go broke have become a hot read in Washington.” — The New York Times “This book is a gift to humanity….Ray provides a solution to what is the biggest and most certain threat to our prosperity.” —Henry M. Paulson Jr. “An invaluable resource for policymakers investors and citizens.” —Lawrence H. Summers 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