
How Countries Go Broke
The Big Cycle
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Narrated by:
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By:
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Ray Dalio
About this listen
Do big government debts and fast rates of adding to them threaten our collective well-being? In this groundbreaking analysis, Ray Dalio, one of the greatest investors of our time and the #1 New York Times bestselling author of Principles, shares the reasons behind his fears for the US debt markets, answering some of the most important market and economic questions we now face: Are there limits to debt growth? Can a big, important reserve currency country like the US really go broke? Is there such a thing as a “Big Debt Cycle” that can tell us when to worry about debt and what to do about it?
For decades, politicians, policymakers, and investors have debated these questions, but the Big Debt Cycle that helps answer them is not talked about or well understood. With the US debt issue coming to a head, Dalio’s How Countries Go Broke provides the first-ever detailed analysis of the Big Debt Cycle, explaining its implications and offering a surprisingly straightforward solution to getting debt problems like the ones the US faces under control.
Dalio has built his career as a leading global macro investor by studying the patterns of history to develop unconventional perspectives on what’s happening in markets and economies today. It was this approach that led him, in the years leading up to the 2008 Great Financial Crisis, to study the Great Depression and other past big debt crises and use what he learned to navigate the turbulent markets successfully. By looking closely at thirty-five cases over the past 100 years when governments have gone broke and studying the mechanics behind them, Dalio has developed a first-of-its-kind template for what to watch for and what to do when the threat is as significant as his measures show that it now is. He has discussed this template with treasury secretaries and central bankers from around the world and is now sharing it with the public to help bring urgent attention to the big risks the US and a number of other countries face—and to explain how to avoid the worst-case scenario.
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Story
How Not To Invest shows you a few simple tools and models that will help you avoid the most common mistakes people make with their money. Learn these, and you are ahead of 98% of your peers. Make fewer errors, end up with more money. We all make mistakes. The goal with this book is to help you make fewer of them, and to have the mistakes you do make be less expensive.
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As objective and unbiased as it will probably ever get
- By quadturbo on 03-27-25
By: Barry Ritholtz
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The Big Print
- What Happened to America and How Sound Money Will Fix It
- By: Lawrence Lepard
- Narrated by: Walker America
- Length: 12 hrs and 45 mins
- Unabridged
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Most Americans — and people worldwide — understand that despite our remarkable technological advances, something is deeply wrong with the direction of our country and world. There are a variety of causes but Mr. Lepard believes, and wrote this book because, too many are missing the one, principal underlying cause: The Money Is Broken.
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Asymmetrical Investing
- By Matthew Shade on 04-17-25
By: Lawrence Lepard
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1929
- The Inside Story of the Greatest Crash in Wall Street History
- By: Andrew Ross Sorkin
- Length: 17 hrs
- Unabridged
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In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded—one of visionaries and fraudsters, titans and dreamers, euphoria and ruin. With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes listeners inside the chaos of the crash.
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Agentic Artificial Intelligence
- Harnessing AI Agents to Reinvent Business, Work and Life
- By: Pascal Bornet, Jochen Wirtz, Thomas H. Davenport, and others
- Narrated by: Rory Young
- Length: 14 hrs and 42 mins
- Unabridged
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This is a practical, non-technical guide for business leaders, entrepreneurs, and curious minds. This comprehensive guide on agentic AI cuts through the hype and offers a clear, jargon-free strategic roadmap to understanding and applying this technology. The authors bring a rare perspective, having implemented agentic AI across diverse organizations—from global enterprises to agile startups—witnessing both remarkable successes and sobering failures.
By: Pascal Bornet, and others
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A Brief History of Mathematics
- Complete Series
- By: Marcus du Sautoy
- Narrated by: Marcus du Sautoy
- Length: 2 hrs and 13 mins
- Unabridged
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This 10-part history of mathematics reveals the personalities behind the calculations: the passions and rivalries of mathematicians struggling to get their ideas heard. Professor Marcus du Sautoy shows how these masters of abstraction find a role in the real world and proves that mathematics is the driving force behind modern science.
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not a book
- By bob on 06-22-21
By: Marcus du Sautoy
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Good Arguments
- How Debate Teaches Us to Listen and Be Heard
- By: Bo Seo
- Narrated by: Bo Seo
- Length: 10 hrs and 6 mins
- Unabridged
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When Bo Seo was 8 years old, he and his family migrated from Korea to Australia. At the time, he did not speak English, and, unsurprisingly, struggled at school. But, then, in fifth grade, something happened to change his life: he discovered competitive debate. Immediately, he was hooked. It turned out, perhaps counterintuitively, that debating was the perfect activity for someone shy and unsure of himself. It became a way for Bo not only to find his voice, but to excel socially and academically. And he’s not the only one.
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Useful ideas, political though
- By Amazon Customer on 07-23-22
By: Bo Seo
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Why Nations Fail
- The Origins of Power, Prosperity, and Poverty
- By: Daron Acemoglu, James A. Robinson
- Narrated by: Dan Woren
- Length: 17 hrs and 55 mins
- Unabridged
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Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?
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Pros and Cons of "Why Nations Fail"
- By Joshua Kim on 05-01-12
By: Daron Acemoglu, and others
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Conquering Crisis
- Ten Lessons to Learn Before You Need Them
- By: Admiral William H. McRaven
- Narrated by: Admiral William H. McRaven
- Length: 4 hrs and 39 mins
- Unabridged
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Throughout his 40-year career, Admiral McRaven has experienced every manner of calamity imaginable. From managing failed hostage rescues to responding to student unrest, McRaven has learned how to successfully navigate crises—those moments that push the limits of your experience and challenge your confidence, when leadership skills alone may not be enough.
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Abundance
- By: Ezra Klein, Derek Thompson
- Narrated by: Ezra Klein, Derek Thompson
- Length: 7 hrs and 14 mins
- Unabridged
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To trace the history of the twenty-first century so far is to trace a history of unaffordability and shortage. After years of refusing to build sufficient housing, America has a national housing crisis. After years of limiting immigration, we don’t have enough workers. Despite decades of being warned about the consequences of climate change, we haven’t built anything close to the clean-energy infrastructure we need. Ambitious public projects are finished late and over budget—if they are ever finished at all.
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Advice to the Democratic Party from Klein & Thompson
- By Betsy Fowler on 03-31-25
By: Ezra Klein, and others
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Chokepoints
- American Power in the Age of Economic Warfare
- By: Edward Fishman
- Narrated by: Robert Petkoff
- Length: 17 hrs and 2 mins
- Unabridged
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It used to be that ravaging another country’s economy required blockading its ports and laying siege to its cities. Now all it takes is a statement posted online by the U.S. government. In Chokepoints, Edward Fishman, a former top State Department sanctions official, takes us deep into the back rooms of power to reveal the untold history of the last two decades of U.S. foreign policy, in which America renounced the gospel of globalization and waged a new kind of economic war.
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An economics textbook disguised as a thriller
- By Jesse Spevack on 03-26-25
By: Edward Fishman
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This Time Is Different
- Eight Centuries of Financial Folly
- By: Carmen Reinhart, Kenneth Rogoff
- Narrated by: Sean Pratt
- Length: 8 hrs and 54 mins
- Unabridged
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Throughout history, rich and poor countries alike have been lending, borrowing, crashing - and recovering -their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different" - claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. This book proves that premise wrong.
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necessary piece to understand the current crisis
- By D. Littman on 12-04-09
By: Carmen Reinhart, and others