Thread by @RayDalio

I'm so glad to finally be releasing my new book, Principles for Dealing with the Changing World Order, today. (1/6)

A few years ago, I observed that we were experiencing things that had never happened in my lifetime but had happened many times before in history. (2/6)

As a global macro investor, I knew that I wouldn’t be able to understand and navigate what’s happening today—much less what may come—without having a deep understanding of the cause-effect relationships of economic events that are embedded in the patterns of history. (3/6)

So I undertook a study of the rise and fall of major empires and their markets over the last 500 years. I converted this study into a book to share what I learned. (4/6)

The book provides objective measures that show the forces that have driven the successes and failures of countries throughout history. (5/6)

Most importantly, it explains where we are & where we're going, describes the possibilities ahead, & provides practical advice for navigating what lies ahead. My hope is that you’ll find the study as helpful as I have.
You can buy it here or in stores: amazon.com/Changing-World… 6/6