Dalio
Distilled from Ray Dalio’s macro books: Big Debt Crises, Changing World Order, How Countries Go Broke, Charts. Nine chapters organized by layer of analysis — start with the layer that matches your current question.
Mechanics — how the system works
- Understand credit creation, cycle types, or the r vs. g trap → 01-debt-cycle-mechanics
- Crisis underway: what tools work and in what order → 02-deleveraging-playbook
- How monetary regimes evolve and why currencies always devalue → 03-currency-monetary-systems
Diagnostic — assess current state
- Score a sovereign’s fiscal fragility or spot the warning signals → 05-sovereign-debt-stress
- Where the US and G7 sit in the Big Cycle as of 2025 → 07-current-macro-position
Context — history and cross-cutting forces
- Empire cycles, US-China rivalry, internal disorder → 06-geopolitical-cycles
- Calibration benchmarks from Weimar, 1929, 2008, Japan → 04-case-studies
Action — what to do
- Historical returns across devaluation, war, and bubble regimes → 08-asset-returns-and-positioning
- Recency bias, contrarian signals, pattern recognition operationally → 09-investing-principles