How Countries Go BrokeRay Dalio
How Countries Go Broke
by Ray Dalio · first published 2025
8mentions
2recommended by
5HN commenters
2025–2026first – last mentioned
40% recommend40% neutral20% critical
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If you want to understand what's going on, I suggest reading "How Countries Go Broke: The Big Cycle" by Ray Dalio. https://economicprinciples.org/ https://www.amazon.com/How-Countries-Go-Broke-Principles-ebo... The oversimplified explanation is that there's a money cycle that lasts…
on “The worrying kink in this job openings, unemployment curve” ↗I can't recommend enough that you read "How Countries Go Broke" by Ray Dalio. There's even a free PDF: https://economicprinciples.org/downloads/How-Countries-Go-Br... Dalio explains the currency cycle, which starts with hard currency, goes through some various stages…
on “Silver trades to $50 an ounce” ↗…borrow money for the foreseeable future. Not investing advice, but locking in long term debt at low interest rates would potentially be a good idea. I have, so US policy inflates it away over time. “How Countries Go Broke: The Big Cycle” by Ray Dalio is a great book on this topic. https://economicprinciples.org/downloads/How-Countries-Go-Br... https://en.wikipedia.org/wiki/How_Countries_Go_Broke
on “The tab is coming due for America's borrowing binge” ↗That's just the money cycle. Ray Dalio explains it in his new book, "How Countries Go Broke, Principles for Navigating the Big Debt Cycle, Where We Are Headed, and What We Should Do" (https://www.principles.com/) The short explanation is that every major currency goes through a cycle; and what…
on “I wasted years of my life in crypto” ↗Ray Dalio explains this history in his books "How Countries Go Broke" and "Big Debt Crises". His theory is that governments have a debt cycle, and printing money is just one point in that cycle.
on “Satan's 19th-Century Bank Note” ↗…watching, there's some more nuance than the article and headlines: https://www.youtube.com/watch?v=Topa3LKgolw He is promoting a new book, and the topics do seem to line up awfully well for a book called "How Countries Go Broke". But I didn't get the sense that he was really there to promote the book at all, he doesn't need the money. I saw it more as an attempt to get a message to certain people in a position to change things,…
on “'Something worse than recession' worries predictor of 2008 financial crisis” ↗…one thing to say economy will slow down, of course it will, we have ran a bull market for very long time that slowdown as well as serious correction is a given. It is entirely different thing to quote “How Countries Go Broke” If you bet against America, you will always lose in the long run. In the short run, if you can time it (which no one can, that is why I have see “Dalio” warnings in my Apple News “front page” for 1/2…
on “The tab is coming due for America's borrowing binge” ↗Connecting the dots from the ideas of his book "How Countries Go Broke: The Big Cycle" to today's macro and financial situation. What's your take?
on “The Numbers Behind the Bond Bear Market (With a Look at Equities) by Ray Dalio” ↗