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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.

Case studies

Case 1

When applying How Countries Go Broke, choose a real decision and test whether you can place decisions in cycle context. Record evidence, action, and outcome to avoid hindsight rationalization.

Case 2

When applying How Countries Go Broke, choose a real decision and test whether you can manage position risk before seeking return. Record evidence, action, and outcome to avoid hindsight rationalization.

Case 3

When applying How Countries Go Broke, choose a real decision and test whether you can separate signal from noise. Record evidence, action, and outcome to avoid hindsight rationalization.

Case 4

When applying How Countries Go Broke, choose a real decision and test whether you can prepare for the thesis to fail. Record evidence, action, and outcome to avoid hindsight rationalization.