{"product_id":"how-countries-go-broke-ray-dalio-the-big-debt-cycle-global-economy","title":"How Countries Go Broke – Ray Dalio | The Big Debt Cycle \u0026 Global Economy","description":"\u003cp\u003e\u003cstrong\u003eHow Countries Go Broke\u003c\/strong\u003e by Ray Dalio explores the forces behind rising government debt, economic instability, and major shifts in the global financial and political order.\u003c\/p\u003e\n\u003cp\u003eDrawing on his framework of the \u003cstrong\u003e“Big Debt Cycle,”\u003c\/strong\u003e Dalio examines whether countries can sustain ever-growing debt and what can happen when debt burdens become difficult to manage. He applies this framework to major economies including the United States, Europe, Japan, and China, while exploring the role of policymakers, investors, and the broader public in navigating debt-related challenges.\u003c\/p\u003e\n\u003cp\u003eThe book also connects debt cycles with wider forces shaping the world, including domestic politics, geopolitical competition, natural events such as droughts, floods and pandemics, and technological change, particularly artificial intelligence. \u003cstrong\u003eHow Countries Go Broke\u003c\/strong\u003e offers readers a framework for understanding debt, economic cycles, and the forces influencing the changing global economy.\u003c\/p\u003e","brand":"Bindass Books","offers":[{"title":"Hardcover","offer_id":67592981872942,"sku":null,"price":687.0,"currency_code":"INR","in_stock":true},{"title":"Paperback","offer_id":67592981905710,"sku":null,"price":587.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0845\/8852\/7918\/files\/61uYp1qd3WL._SL1500.jpg?v=1790706553","url":"https:\/\/bindassbooks.in\/products\/how-countries-go-broke-ray-dalio-the-big-debt-cycle-global-economy","provider":"Bindass Books","version":"1.0","type":"link"}