How Countries Go Broke: The Big Cycle (Principles) New Paperback – by Ray Dalio

How Countries Go Broke: The Big Cycle by Ray Dalio, the bestselling author of Principles, explains the patterns behind economic rises and collapses throughout history. Using decades of research and real-world data, Dalio breaks down the big debt cycles, inflation trends, currency crises, and government policies that determine why nations thrive, stagnate, or collapse.

Through a simple, data-driven approach, Dalio helps readers understand how economic booms turn into busts and how individuals, businesses, and investors can prepare for global financial shifts. This book is a must-read for anyone who wants to understand the forces shaping world economies and make smarter financial decisions.