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  • Principles for Dealing with the Changing World Order: Why Nations...
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Customer reviews

4.6 out of 5 stars
4.6 out of 5
5,785 global ratings
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4 star
17%
3 star
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2 star
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Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail

byRay Dalio
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Top positive review

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J.T.
5.0 out of 5 starsAmericans are not devils - nor are the Chinese - maybe we should try to get along?
Reviewed in Canada 🇨🇦 on March 18, 2023
Empires rise and empires fall - their lifecycles follow a pattern according to Ray Dalio.
It may be prudent for all to understand this before the US engages in another end-of-empire war.
There are limits to American power - war is not inevitable this time. Or have we still not learned?
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Top critical review

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Yaroslav Pentsarskyy
3.0 out of 5 starsIt seems to be heavily biased and light on the practical principles
Reviewed in Canada 🇨🇦 on January 1, 2022
I bought this book because I admire Ray's views in his book Principles.
I read Changing World Order twice, analyzing and thinking over many passages and charts.
Here is my short opinion:
a) the first part of the book "How the world works", I thought, gives an excellent overview of the history of the world, and the dynamics between world powers
b) the 2nd and the 3rd part of the book appears to show Ray's heavy admiration towards China with hand-picked evidence to support his case.
Here is why I think so:
a) In dozens of passages, Ray appears to focus on some negative dynamics in the US and not discuss similar negative dynamics in China.
In other words, Ray doesn't seem to compare apples to apples in the narrative.
b) When looking at the charts, Ray appears vague about the data on which some charts were built.
I couldn't judge the validity of the chart because I didn't see what went into the compound data shown in the chart.
There are so many examples of this in each chapter that it made me doubt the validity of 2/3 of the content I'm reading, let alone the conclusions Ray is drawing. A bit disappointed. I felt that I gained more from reading Changing Fortunes, which describes the history and dynamic between US and Japan economic relationships back in the '80s.
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103 people found this helpful

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5,785 total ratings, 358 with reviews

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From Canada

J.T.
5.0 out of 5 stars Americans are not devils - nor are the Chinese - maybe we should try to get along?
Reviewed in Canada 🇨🇦 on March 18, 2023
Verified Purchase
Empires rise and empires fall - their lifecycles follow a pattern according to Ray Dalio.
It may be prudent for all to understand this before the US engages in another end-of-empire war.
There are limits to American power - war is not inevitable this time. Or have we still not learned?
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AvidJosh
5.0 out of 5 stars Buy it read it study it
Reviewed in Canada 🇨🇦 on February 28, 2023
Verified Purchase
There is simply no one else out there today writing what Ray is writing. He has studied the economy, the factors that influence it, the history, and the patterns through the ages. What we have here is the culmination of that work. It is as accessible as it is relevant and easy to grasp.
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Tosky Toskana
5.0 out of 5 stars A must read for every sentient human
Reviewed in Canada 🇨🇦 on November 11, 2022
Verified Purchase
I have listened to this book at least twice as an audiobook but I decided to get a printed copy to help me see the graphs the author talks about in the book. I have started reading the book again in print and my oh my, it’s even better than the audiobook. Ray Dalio is a billionaire, he doesn’t need to sell books to make money so this is the real deal. This is a billionaire telling you how to win in these tumultuous economic times. Coming out of the COViD 19 pandemic and heading into an economic recession in 2023, this is the best time to read this book again. You need to read this book, your survival depends on it! I have also ordered his book on principles for navigating big debt crises. This is the master of masters teaching you economics 101, pay attention and take notes!
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Tosky Toskana
5.0 out of 5 stars A must read for every sentient human
Reviewed in Canada 🇨🇦 on November 11, 2022
I have listened to this book at least twice as an audiobook but I decided to get a printed copy to help me see the graphs the author talks about in the book. I have started reading the book again in print and my oh my, it’s even better than the audiobook. Ray Dalio is a billionaire, he doesn’t need to sell books to make money so this is the real deal. This is a billionaire telling you how to win in these tumultuous economic times. Coming out of the COViD 19 pandemic and heading into an economic recession in 2023, this is the best time to read this book again. You need to read this book, your survival depends on it! I have also ordered his book on principles for navigating big debt crises. This is the master of masters teaching you economics 101, pay attention and take notes!
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STUCATZ
5.0 out of 5 stars Ray Is Brilliant
Reviewed in Canada 🇨🇦 on December 14, 2022
Verified Purchase
I always value Rays insights. That's one of the most accomplished investors in the world , I appreciate that Ray takes a time to share his knowledge with the world.
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mihokosev
4.0 out of 5 stars Interesting book and very logical!
Reviewed in Canada 🇨🇦 on June 10, 2022
Verified Purchase
Most of the reasons why nations succeed and fail are well known to most people with a decent level of education. What Ray Dalio brings to the table is a combination of economics factors that lead to shifts in the internal order of a country, empire and how are these connected to the social structure of the society.
You will definitely learn a lot and at the same time you will start questioning even more the current situation with the non stop printing money in order to "save the financial world" Sooner or later somebody will have to pay.
5 people found this helpful
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Ian Middleton
5.0 out of 5 stars The perils of Excessive Government Debt
Reviewed in Canada 🇨🇦 on December 9, 2022
Verified Purchase
The author is clearly an expert. The book is a fascinating chronicle of how economics determines the fate of empires. It is well written and easy to follow. An important book.
One person found this helpful
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Yaroslav Pentsarskyy
3.0 out of 5 stars It seems to be heavily biased and light on the practical principles
Reviewed in Canada 🇨🇦 on January 1, 2022
Verified Purchase
I bought this book because I admire Ray's views in his book Principles.
I read Changing World Order twice, analyzing and thinking over many passages and charts.
Here is my short opinion:
a) the first part of the book "How the world works", I thought, gives an excellent overview of the history of the world, and the dynamics between world powers
b) the 2nd and the 3rd part of the book appears to show Ray's heavy admiration towards China with hand-picked evidence to support his case.
Here is why I think so:
a) In dozens of passages, Ray appears to focus on some negative dynamics in the US and not discuss similar negative dynamics in China.
In other words, Ray doesn't seem to compare apples to apples in the narrative.
b) When looking at the charts, Ray appears vague about the data on which some charts were built.
I couldn't judge the validity of the chart because I didn't see what went into the compound data shown in the chart.
There are so many examples of this in each chapter that it made me doubt the validity of 2/3 of the content I'm reading, let alone the conclusions Ray is drawing. A bit disappointed. I felt that I gained more from reading Changing Fortunes, which describes the history and dynamic between US and Japan economic relationships back in the '80s.
103 people found this helpful
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Charles J. Ashley
5.0 out of 5 stars A must read!
Reviewed in Canada 🇨🇦 on November 16, 2022
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Rae is a class act, focusing on education and philanthropy. View his online videos for even more superlative education.
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Anton Kriakhtounov
5.0 out of 5 stars I'm not a reader but this book glued me until the end
Reviewed in Canada 🇨🇦 on July 24, 2022
Verified Purchase
If you love economics with a mix of history, this is a MUST HAVE book. You will see your historical and economic knowledge expanded ten folds and will perhaps help you identifying patterns of your own that could lead to future predictions of your own (if you're bold enough). This book is a perfect mix of being entertaining and educational.
6 people found this helpful
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GSP
5.0 out of 5 stars A book you should really read
Reviewed in Canada 🇨🇦 on July 9, 2022
Verified Purchase
If you're interested in history related to financial markets, this is the book you should read. I often listen to what Ray Dalio has to say and this book is no exception. It's right on point. We'll explained and it's well separated if you only want to read the basic.
One person found this helpful
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