Geopoliticus Adult Watching the Death of the Old Man
<p>In his new book, “Principles for Dealing with the Changing World Order: Why Nations Succeed or Fail,” <a href="https://www.amazon.co.uk/Changing-World-Order-Nations-Succeed/dp/1982160276" rel="noopener ugc nofollow" target="_blank">Ray Dalio</a> discusses very interesting aspects about the rise and fall of empires during the last 500 years and the commonalities they all exhibit.</p>
<p>Dalio noticed a unique convergence of political and economic conditions a few years ago, conditions he hadn’t encountered before. These included enormous debts and zero to near-zero interest rates, leading to the massive printing of money in the world’s three major reserve currencies. Additionally, significant political and social conflicts arose within countries, especially the United States, driven by the largest wealth, political, and values disparities in over a century. Simultaneously, a rising global power, China, challenged the existing world order.</p>
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