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Markets2025

How Countries Go Broke

Ray Dalio

Adds a macro lens on sovereign debt cycles, monetary policy, and how systemic risks affect financial assets.

Author

Ray Dalio is the author of `How Countries Go Broke`. The book reflects an approach centered on how to place decisions in cycle context and manage position risk before seeking return.

Evaluate the framework separately from the author's reputation, and test each recommendation in the current context.