For those who are familiar with Ray Dalio’s writing, his latest chapter “The big cycles over the last 500 years” is a treat. Ray goes deep into the weeds and shows us in details: The rise & decline of the Dutch Empire and the Dutch Guilder The rise & decline of the British Empire and…
It is a must-read for anyone who is interested to know how the US/China relationship may play out in the future by learning about what happened 16 times where a rising power challenged an established power in the last 500 years.
Why did Donald Trump get elected? Why did Brexit happen? Why is populism on the rise? Did it happen before in modern history? What lessons can we learn from? What do all these mean? And where does it lead us?