
Principles for Navigating Big Debt Crises
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Narrated by:
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Stephen Graybill
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By:
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Ray Dalio
About this listen
Ray Dalio, the legendary investor and international bestselling author of Principles - whose books have sold more than five million copies worldwide - shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate 2008’s events and navigate them well while others struggled badly.
As he explained in his international bestseller Principles, Ray Dalio believes that almost everything happens over and over again through time, so that by studying patterns one can understand the cause-effect relationships behind events and develop principles for dealing with them well. In this three-part research series, he does just that for big debt crises and shares his template in the hopes of reducing the chances of big debt crises happening and helping them be better managed in the future.
The template comes in three parts:
1. The Archetypal Big Debt Cycle (which explains the template)
2. Three Detailed Cases (which examines in depth the 2008 financial crisis, the 1930s Great Depression and the 1920s inflationary depression of Germany’s Weimar Republic)
3. Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years)
Whether you’re an investor, a policy maker, or are simply interested in debt, this unconventional perspective from one of the few people who navigated the crisis successfully, Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2018 Ray Dalio (P)2022 Simon & Schuster, IncListeners also enjoyed...
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What listeners say about Principles for Navigating Big Debt Crises
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Amazon Customer
- 05-16-23
Watch his you tube videos instead
Really less than half the book is audio friendly. The rest is reading out his histouical research material consisting of just lists of examples he has based his theories on.
it might be better in hard copy with graphs and charts from his "downloadable pdf" incorporated through the text.
If you want to get a lesson in how to bundle stuff together with minimal effort into an audio book then this might be the book for you.
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