How Countries Go Broke: The Coming of Sovereign Debt Crises, 2009 is a book by Carmen M. Reinhart and Kenneth S. Rogoff that examines the history of sovereign debt crises and their impact on the global economy. It analyzes the patterns and causes of these crises, providing insights into how countries can avoid or manage them.
Well, like I say, I I think to really understand that either of my books, Changing World Order or How Countries Go Broke the Big Cycle. Either of those would be good.
""The book is mentioned directly by the speaker, Ray Dalio, as a resource for understanding global macro trends and historical patterns. He references it to explain the cyclical nature of world orders and economic systems."