How Countries Go Broke 📉 | Ray Dalio’s Big Debt Cycle Explained скачать в хорошем качестве

How Countries Go Broke 📉 | Ray Dalio’s Big Debt Cycle Explained

Join my Patreon: https://www.patreon.com/SpencerReadsE... Join me on goodreads:   / spencer-reads-everything   Follow me on X/twitter: https://x.com/spencerdun21655 Check out my new channel:    / @historyunraveledwithdr.duncan   📘 Why do countries rise, peak, and fall? Why do debt crises, money printing, inflation, and political polarization so often appear together? In this video, I review How Countries Go Broke: The Big Cycle by Ray Dalio, a big-picture nonfiction book that argues national debt crises follow long-term, repeatable patterns rather than random disasters. Dalio lays out what he calls the Big Debt Cycle, showing how: 📊 Debt grows faster than income over time 🏦 Governments absorb private-sector losses 💵 Central banks step in with low rates and money creation ⚖️ Inequality and political conflict intensify 🌍 Global power shifts as old leaders weaken and new ones rise In this review, I break down: ✨ The structure of the Big Debt Cycle ✨ How the crisis moves from private debt to governments and central banks ✨ Historical examples from the U.S., China, and Japan ✨ What Dalio thinks may be coming next ✨ My personal reaction and who this book is (and is not) for This is not a market-timing book and not a political manifesto. It’s a framework-driven attempt to understand long-term economic and historical forces shaping nations. If you’re interested in history, economics, global power, or understanding today’s financial anxieties in a longer historical context, this book is well worth engaging with. 📚 More nonfiction reviews, history books, and big-picture thinking on my channel, Spencer Reads Everything. 👇 Watch more from these playlists: 📘 Very Short Introduction Series ➡️    • A Very Short Introduction Series   🎓 The Great Courses Reviews ➡️    • The Great Courses   🎙 Welcome to Spencer Reads Everything, where we review books of every genre. 🔔 Don’t forget to like, subscribe, turn on those notifications, and until next time... keep those pages turning. #HowCountriesGoBroke #raydalio #BigDebtCycle #EconomicsBooks #nonfictionbooks #globaleconomics #debtcrisis #inflation #centralbanks #historybooks #bookreview #booktube #macroeconomics #globalpower #spencerreadseverything 📚✨ 0:00 Hook 0:31 Introduction 1:14 Ray Dalio 1:56 How Countries Go Broke Summary 2:39 Part I: Overview of the Big Debt Cycle 3:19 Part II: The Archetypical Sequence Leading to Central Governments and Central Banks Going Broke 4:06 Part III: Looking Back 4:44 Part IV: Looking Ahead 5:23 Argumentative Distinctions 7:01 Personal Reaction 7:50 Who is this for? 8:47 Who is this NOT for? 9:48 Final Thoughts