---
product_id: 619419794
title: "How Countries Go Broke: The Big Cycle (Principles)"
price: "£23.43"
currency: GBP
in_stock: true
reviews_count: 13
url: https://www.desertcart.co.uk/products/619419794-how-countries-go-broke-the-big-cycle-principles
store_origin: GB
region: United Kingdom
---

# How Countries Go Broke: The Big Cycle (Principles)

**Price:** £23.43
**Availability:** ✅ In Stock

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- **What is this?** How Countries Go Broke: The Big Cycle (Principles)
- **How much does it cost?** £23.43 with free shipping
- **Is it available?** Yes, in stock and ready to ship
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## Description

How Countries Go Broke: The Big Cycle (Principles) [Dalio, Ray] on desertcart.com. *FREE* shipping on qualifying offers. How Countries Go Broke: The Big Cycle (Principles)

Review: Unique Writing Style Lends Itself to Understanding Material - I'm not sure if I felt good after reading this, but I definitely felt more informed. It's written for different accessibility levels as well. Dalio makes it a point to try to keep the writing incredibly accessible for the casual person who really just wants to understand the overarching points. At the same time, however, he also gives the reader the option to dive deeper into any given topic. Think of it like if your college economics professor decided to let you decide how detailed the class would be. If you want to keep it at an Econ 101 level, great. You can do that. if you want a deeper dive into some grad level information, well, that's here as well. I think it makes for a great read.
Review: Control debt. - Great book that offers understandable reasons for countries demise.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | #9,758 in Books ( See Top 100 in Books ) #1 in Public Finance (Books) #16 in Economic Conditions (Books) #27 in Introduction to Investing |
| Customer Reviews | 4.6 4.6 out of 5 stars (892) |
| Dimensions  | 6 x 1 x 9 inches |
| ISBN-10  | 1501124064 |
| ISBN-13  | 978-1501124068 |
| Item Weight  | 1.4 pounds |
| Language  | English |
| Print length  | 400 pages |
| Publication date  | June 3, 2025 |
| Publisher  | Avid Reader Press / Simon & Schuster |

## Images

![How Countries Go Broke: The Big Cycle (Principles) - Image 1](https://m.media-amazon.com/images/I/61VEClRjSiL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Unique Writing Style Lends Itself to Understanding Material
*by D***A on January 17, 2026*

I'm not sure if I felt good after reading this, but I definitely felt more informed. It's written for different accessibility levels as well. Dalio makes it a point to try to keep the writing incredibly accessible for the casual person who really just wants to understand the overarching points. At the same time, however, he also gives the reader the option to dive deeper into any given topic. Think of it like if your college economics professor decided to let you decide how detailed the class would be. If you want to keep it at an Econ 101 level, great. You can do that. if you want a deeper dive into some grad level information, well, that's here as well. I think it makes for a great read.

### ⭐⭐⭐⭐⭐ Control debt.
*by M***O on February 28, 2026*

Great book that offers understandable reasons for countries demise.

### ⭐⭐⭐⭐ Dalio is trying to keep the plane from crashing!
*by B***D on January 10, 2026*

Ray Dalio’s How Countries Go Broke is a challenging but rewarding read that offers a powerful framework for understanding how nations rise, stagnate, and decline financially. Dalio explains both short-term and long-term debt cycles and breaks the long cycle into clear stages—from money creation and debt bubbles to deleveraging and, eventually, a return to hard money. While some sections are dense, the structure helps make sense of incredibly complex economic forces. The case studies of Japan, the United States, and China are especially compelling. Dalio’s analysis of Japan stood out to me, particularly how decades of flat growth and currency weakness have quietly eroded prosperity. It’s a sobering reminder that economic decline doesn’t always come through collapse—it can come through stagnation. The book also becomes surprisingly practical. Dalio argues that the U.S. must reduce its budget deficit to around 3% of GDP and outlines realistic ways to do it. Even when I didn’t fully agree, I appreciated the disciplined, non-ideological approach. This isn’t a light read, but it’s an important one. I’d especially recommend reading it with others—it’s the kind of book that gets better through discussion.

## Frequently Bought Together

- How Countries Go Broke: The Big Cycle (Principles)
- Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
- Principles: Life and Work

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*Product available on Desertcart United Kingdom*
*Store origin: GB*
*Last updated: 2026-05-13*