Markets2025
How Countries Go Broke
Ray Dalio
Adds a macro lens on sovereign debt cycles, monetary policy, and how systemic risks affect financial assets.
Checklist
Do I have a rule to place decisions in cycle context?
Do I have a rule to manage position risk before seeking return?
Do I have a rule to separate signal from noise?
Do I have a rule to prepare for the thesis to fail?
Write down what would invalidate the thesis.
Set a review date before acting.