Principles for Navigating Big Debt Crises

The book offers a unique framework for understanding debt crises, drawing on Ray Dalio's extensive experience as an investor. He outlines the principles that enabled his firm, Bridgewater Associates, to foresee and effectively manage the financial turmoil of 2008, contrasting their success with the struggles of others. Dalio's insights aim to equip readers with the knowledge to handle similar economic challenges in the future.