L'ordre mondial en mutation

A thought-provoking read... Few books coherently trace an economic history as vast as the one covered by Mr. Dalio. Even more unusually, Mr. Dalio has succeeded in deriving parameters that can be applied to understand the current situation." - Andrew Ross Sorkin, The New York Times.

In The Changing World Order, Ray Dalio, author of the bestseller Principles and a legendary investor who has spent half a century studying global economies and markets, examines the most turbulent economic and political periods in history. He explains why the future is likely to be radically different from what we have experienced in our lifetime—and offers practical advice for effectively navigating change.

A few years ago, Ray Dalio noticed a convergence of political and economic circumstances he had never seen before: huge debts combined with zero or near-zero interest rates, leading to massive money printing in the world's three major reserve currencies; significant political and social conflicts within nations, especially in the United States, due to the greatest disparities in wealth, politics, and values seen in over a century; and the emergence of a new world power (China) challenging the US hegemony and the existing world order. The last time such a convergence happened was between 1930 and 1945. This realization led Ray Dalio to study the patterns and cause-and-effect relationships that accompanied all major changes in wealth and power over the past 500 years.

In this remarkable work from the Principles series, Ray Dalio presents readers with a comprehensive study of the greatest empires—including those of the Netherlands, Great Britain, and the United States—and puts into perspective the "long cycle" that has determined the successes and failures of all the world's major countries throughout history. He reveals the timeless and universal forces underlying these changes and uses them to project into the future, offering concrete principles to position oneself for what lies ahead.

Publisher: Valor Editions

Author(s): Ray DALIO

Publication: March 14, 2024

Interior: Black & white

Format(s): Paperback

Language(s): French

EAN13 Paperback: 9782361170684