Ray Dalio:History doesn’t repeat itself exactly, but it rhymes in patterns—especially when it comes to the rise and fall of nations.I wrote How Countries Go Broke not to predict doom, but to sound a well-evidenced alarm. What I’ve learned from studying empires like the Dutch, the British, and now the American is that great nations collapse not because of external … [Read more...] about Ray Dalio & The Big Cycle: How Countries Go Broke