Ray Dalio has long been a student of cycles – economic, financial, and societal. His latest book, How Countries Go Broke: The Big Cycle, is a sweeping examination of how nations rise, peak, and decline, often repeating the same mistakes across history. For anyone trying to make sense of today’s turbulent geopolitical and economic environment, Dalio’s work is both a warning and a guide.
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Are We Heading Towards A New World Order?
After World War Two, 730 delegates from all 44 Allied nations gathered in the U.S. at the Mount Washington Hotel in Bretton Woods, New Hampshire. The Bretton Woods Conference aimed to regulate the international monetary and financial order after the war ended. Held from July 1 to 22, 1944, agreements were signed and ratified by member governments, establishing the institutions that represented a new world order. This led to what was called the Bretton Woods system for international commercial and financial relations.
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Reimagining the Future 