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frontpage Posted by Cobalt_Blue_FF • Mar 3, 2025
frontpage Posted by Cobalt_Blue_FF • Mar 3, 2025

Ray Dalio PDF Books: How Countries Go Broke and Principles for Navigating the Big Debt Cycle

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Principles.com offers Principles for Navigating the Big Debt Cycle by Ray Dalio (PDF Book) for Free.
  • Note: File size is large and may take a few minutes to open.
EconomicPrinciples.org offers How Countries Go Broke by Ray Dalio (PDF Book in 4 parts) for Free.Thanks to Community Members Cobalt_Blue_FF & jnemezis for sharing this deal.

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Written by StrawMan86 | Staff
  • Refer to the original post & forum comments for additional details & discussion.

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Written by Cobalt_Blue_FF
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Community Notes
About the Poster
Principles.com offers Principles for Navigating the Big Debt Cycle by Ray Dalio (PDF Book) for Free.
  • Note: File size is large and may take a few minutes to open.
EconomicPrinciples.org offers How Countries Go Broke by Ray Dalio (PDF Book in 4 parts) for Free.Thanks to Community Members Cobalt_Blue_FF & jnemezis for sharing this deal.

Editor's Notes

Written by StrawMan86 | Staff
  • Refer to the original post & forum comments for additional details & discussion.

Original Post

Written by Cobalt_Blue_FF

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Top Comments

This will be perfect for balancing the budget of the country that I'm in charge of.
I will have to check out his Ted talk , thanks! I am making a conscious effort to get away from Reddit, Facebook etc.. this year, and try to find more substantive things to occupy my brain.

I finally broke down and created a Substack account and am trying to find good authors there.

There is a lot of good information, but it seems like everyone I subscribe to has some sort of Libertarian bent lol. If you or anyone else has any recommendations , please share them!
This is probably not the best method, but I asked Perplexity for some top-rated substacks based on topics like science and technology.

I found a few good random authors. The author that I like the best so far is Paul Krugman. I assume he has his agenda, but he has interesting articles and perspectives. For example, the other day, he had an excellent article about the federal payment system: https://substack.com/home/post/p-158117457.

I recommend just adding the Substack app to your phone. I find it so much more enjoyable to doomscroll this app than Reddit and Facebook.

I am not an intelligent person, and I enjoy finding good sources of information. I partially made this thread to see if I could crowd source some new reading material

42 Comments

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Mar 3, 2025
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gamingdroid
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Mar 3, 2025
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Thank you for sharing this. I didn't know he had these free resources either. I got his books, but haven't had a chance to read it. I did listen to his TED Talk.
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Mar 3, 2025
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Cobalt_Blue_FF
Mar 3, 2025
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Quote from gamingdroid :
Thank you for sharing this. I didn't know he had these free resources either. I got his books, but haven't had a chance to read it. I did listen to his TED Talk.
I will have to check out his Ted talk , thanks! I am making a conscious effort to get away from Reddit, Facebook etc.. this year, and try to find more substantive things to occupy my brain.

I finally broke down and created a Substack account and am trying to find good authors there.

There is a lot of good information, but it seems like everyone I subscribe to has some sort of Libertarian bent lol. If you or anyone else has any recommendations , please share them!
6
Mar 3, 2025
870 Posts
Joined Aug 2009
Mar 3, 2025
Huntsman000
Mar 3, 2025
870 Posts
Quote from Cobalt_Blue_FF :
I will have to check out his Ted talk , thanks! I am making a conscious effort to get away from Reddit, Facebook etc.. this year, and try to find more substantive things to occupy my brain.

I finally broke down and created a Substack account and am trying to find good authors there.

There is a lot of good information, but it seems like everyone I subscribe to has some sort of Libertarian bent lol. If you or anyone else has any recommendations , please share them!

Can you post the link to the converted book. It would be easier to just download that.

I also like the idea to find substitutes to Reddit and Facebook. I need to do similar. Wastes a lot of time
1
Mar 3, 2025
357 Posts
Joined Nov 2016
Mar 3, 2025
shigshag
Mar 3, 2025
357 Posts

Our community has rated this post as helpful. If you agree, why not thank shigshag

This will be perfect for balancing the budget of the country that I'm in charge of.
1
15
1
Mar 3, 2025
242 Posts
Joined May 2012
Mar 3, 2025
jnemezis
Mar 3, 2025
242 Posts
I got only one e-mail for "Principles for Navigating the Big Debt Cycle" PDF, but not for "How Countries Go Broke"

By the way, Is the PDF link the same for everyone?

https://www.principles.com/Princi...-Dalio.pdf
Mar 3, 2025
22 Posts
Joined Jul 2015
Mar 3, 2025
br80ward
Mar 3, 2025
22 Posts
Bear porn....also Ray is a class A jerk. Read Rob Copeland's book and let me know what you think of him.
6
Mar 4, 2025
3,173 Posts
Joined Sep 2010
Mar 4, 2025
ak1802
Mar 4, 2025
3,173 Posts

Our community has rated this post as helpful. If you agree, why not thank ak1802

Quote from br80ward :
Bear porn....also Ray is a class A jerk. Read Rob Copeland's book and let me know what you think of him.

Ray's also seriously underperformed over the last 10 years. He did well for a bit post GFC, but in the last decade he would've been better served throwing darts at a board.

Either way, he's done extremely well.
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Cobalt_Blue_FF
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Quote from Huntsman000 :
Can you post the link to the converted book. It would be easier to just download that.

I also like the idea to find substitutes to Reddit and Facebook. I need to do similar. Wastes a lot of time

This is probably not the best method, but I asked Perplexity for some top-rated substacks based on topics like science and technology.

I found a few good random authors. The author that I like the best so far is Paul Krugman. I assume he has his agenda, but he has interesting articles and perspectives. For example, the other day, he had an excellent article about the federal payment system: https://substack.com/home/post/p-158117457.

I recommend just adding the Substack app to your phone. I find it so much more enjoyable to doomscroll this app than Reddit and Facebook.

I am not an intelligent person, and I enjoy finding good sources of information. I partially made this thread to see if I could crowd source some new reading material Smilie
Original Poster
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This user is an Expert in Home & Home Improvement
Mar 4, 2025
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Mar 4, 2025
Cobalt_Blue_FF
Mar 4, 2025
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Our community has rated this post as helpful. If you agree, why not thank Cobalt_Blue_FF

Quote from jnemezis :
I got only one e-mail for "Principles for Navigating the Big Debt Cycle" PDF, but not for "How Countries Go Broke"

By the way, Is the PDF link the same for everyone?

https://www.principles.com/Princi...-Dalio.pdf
Quote from Huntsman000 :
Can you post the link to the converted book. It would be easier to just download that.

I also like the idea to find substitutes to Reddit and Facebook. I need to do similar. Wastes a lot of time
You are right, I did not notice that these are generic links, thanks!

Here is the complete list of links for all of the books.

Principles-For-Navigating-Big-Debt-Crises-By-Ray-Dalio [principles.com]
How-Countries-Go-Broke-Part-1 [economicprinciples.org]
How-Countries-Go-Broke-Part-2 [economicprinciples.org]
How-Countries-Go-Broke-Part-3 [economicprinciples.org]
How-Countries-Go-Broke-Part-4 [economicprinciples.org]
1
Mar 4, 2025
86 Posts
Joined Dec 2013
Mar 4, 2025
Pipvault
Mar 4, 2025
86 Posts
Quote from ak1802 :
Ray's also seriously underperformed over the last 10 years. He did well for a bit post GFC, but in the last decade he would've been better served throwing darts at a board.

Either way, he's done extremely well.

He's hasn't been directly
Managing the fund in the last 10 years. Weird.
1
Mar 6, 2025
791 Posts
Joined Jul 2008
Mar 6, 2025
Kaufboy
Mar 6, 2025
791 Posts
There is also an iOS app he published named "Principles in Action". It has the his entire "Principles" book included, as well as other resources.
Mar 7, 2025
115 Posts
Joined Aug 2014
Mar 7, 2025
zsk5
Mar 7, 2025
115 Posts
My buddy from college ghost-wrote this. Please support him by buying the hardcopy version!
1
Mar 7, 2025
706 Posts
Joined Dec 2010
Mar 7, 2025
TMA-1
Mar 7, 2025
706 Posts
US Federal spending increased 45% in 2020 (last year of Trump's 1st term) and the government ran a $3.1T deficit - spending has remained at those elevated levels since with the country running defects of $1.8T/year which is 5.3% of GDP

Economic growth is about 2% a year, meaning if you subtract the government stimulus the economy is shrinking. The Federal Reserve is going to have to back stop the debt with another round of QE to push down interest rates on new Treasury issues to a level which can be serivable (below 2%) and may have to retire Treasuries as they mature vs having the Treasury buy them back - it's the only way out of the debt crisis the US faces. Other governments amd central banks will need to adopt a similar approach
3
Mar 7, 2025
535 Posts
Joined Nov 2007
Mar 7, 2025
actionman1
Mar 7, 2025
535 Posts
Cliff Notes:

How Countries Go Broke = Politicians spend money they don't have, would never have, endlessly.

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Mar 7, 2025
26 Posts
Joined Jul 2011
Mar 7, 2025
Warlos
Mar 7, 2025
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Quote from shigshag :
This will be perfect for balancing the budget of the country that I'm in charge of.

Elon is that you?
6

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