Summary: Principles for Dealing with the Changing World Order: Ray Dalio

This audiobook is narrated by a digital voice. This lengthy summary begins with a Ray Dalio synopsis of Principles of Dealing with Changing World Order. A full analysis of China follows. This book and the audiobook are meant to complement as study aids, not to replace Ray Dalio’s work. “A provocative read...Few tomes coherently map such broad economic histories as well as Mr. Dalio’s. Perhaps more unusually, Mr. Dalio has managed to identify metrics from that history that can be applied to understand today.” —Andrew Ross Sorkin, The New York Times From legendary investor Ray Dalio, Principles for Dealing with the Changing World Order 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. Ray Dalio recognized a combination of political and economic situations that he had not seen before a few years ago. Huge debts and near-zero interest rates led to massive money printing in the world's three major reserve currencies; major political and social conflicts within countries due to the largest wealth, political, and values disparities in more than a century; and the rise of a world power to challenge the existing world order. Dalio takes readers on a tour of the world's major empires, including the Dutch, British, and American empires, in this remarkable and timely addition to his Principles series, putting the "Big Cycle" that has driven the successes and failures of all the world's major countries throughout history into perspective. He unveils the timeless and universal forces for what is ahead. DISCLAIMER: The following is an unauthorized summary and critique. Ray Dalio did not write it. It is also not meant to take the place of the original book. Quick Savant independently wrote and Scott Campbell published it, and it provides you with the key concepts from the main book in a condensed and simple-to-read manner.