Principles for navigating big debt crises : part 1 : the archetypal big debt cycle /
Big debt crises part 1 Archetypal big debt cycle
Ray Dalio
- Westport, CT : Bridgewater, c2018.
- 65 p. ; col. ill. ; 26 cm.
Published in 3 volumes Part 1. The archetypal big debt cycle -- Part 2. Detailed case studies: German debt crisis and hyperinflation (1918-1924) ; US debt crisis and adjustment (1928-1937) ; US debt crisis and adjustment (2007-2011) -- Part 3. Compendium of 48 case studies.
Introduction -- Part 1: The archetypal big debt cycle -- The phases of the classic deflationary debt cycle -- Inflationary depressions and currency crises -- The phases of the classic inflationary debt cycle --The spiral from a more transitory inflationary -- Depression to hyperinflation -- War economies -- In summary.
On the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors, Ray Dalio, 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 events and navigate them well while others struggled badly. Dalio believes that most everything happens over and over again through time so that by studying their patterns one can understand the cause-effect relationships behind them and develop principles for dealing with them well. In this 3-part research series, he does that for big debt crises and shares his template in the hopes reducing the chances of big debt crises happening and helping them be better managed in the future.
9781732689817
Financial crises Financial crises--Case studies Economic policy Economic development