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davideous | 4 years ago

The book "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail" by Ray Dalio compares the rise (and decline) of the American "world empire" to prior world empires. The two most recent are the U.K. and the Netherlands.

The same things that are happening now have happened before -- just not in our lifetimes. The history and his analysis is quite instructive.

The book was refreshing in its objectivity, lack of political bias, and clarity of writing. I've given copies to several friends.

It's pretty clear from his analysis and the data that the U.S. is in a decline of global influence.

https://www.amazon.com/Changing-World-Order-Nations-Succeed/...

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tablespoon|4 years ago

> The book "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail" by Ray Dalio compares the rise (and decline) of the American "world empire" to prior world empires.

Why should I put much stock in historical analysis done by a "American billionaire investor and hedge fund manager" [1]? My gut feel that someone like that probably has so much other stuff on his plate that the analysis would be in many ways superficial, and such a person likely has enough status that large numbers of people would indulge his pretensions at being a polymath even if it's not actually true.

[1] https://en.wikipedia.org/wiki/Ray_Dalio

todorus|4 years ago

Ad hominem

SuoDuanDao|4 years ago

Ray Dalio is an international treasure. When I watch the Davos videos he often seems like the only one who's not in a quiet state of panic.