• out of stock

How Countries Go Broke by Ray Dalio (Hardcover) $20 + Delivery Only ($0 with $59 Metro Spend/ $99 Regional Spend) @ BIG W

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I’ve been wanting this book since it came out but it’s been $60 plus in most places. Just saw that it’s gone on clearance in BIG W.

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Comments

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  • +1

    Price $20

  • -1

    Might be a good idea to read the title guidelines.

    • +2

      Just updated. Thanks

  • +1

    Same price at amazon

  • Unavailable in stores. Pony up additional $9 for delivery.

    • Was $4 for me. Might be dependent on where you live?

      • Yep. Regional tax strikes again.

  • How authors go broke?

    • +1

      Ray Dalio goes broke ? LOL

  • -6

    They go woke

  • good price

  • +9

    Free on authors website

    • +25
      • +1

        Woah. How did you find that link? I poked around the site and all I could find were links to buy the book.

        • How did you find that link?

          Just luck… It's the first result on Google when searching 'How Countries Go Broke by Ray Dalio'!

      • Da real MVP

      • +1

        MVP. I was going to make a comment about how giving away the book might lead the author to also go broke but given his US$15.4bn net worth, I'm sure he knows what he's doing.

  • +3

    Aren't all countries broke? Since we are valued at % of the USD?

    US is worth negative trillions….but they have the bombs.

    https://www.usdebtclock.org ………..to infinity and beyond……weeeeeeeeeeeeeeeeeeeeeeeeeeeee

    • Not sure that they are all broke, they are all in debt though. Bonds are bought by the countries' own citizens, but some are bought by foreign countries.

      • +1

        "Japan: Holds over $1.1 trillion in U.S. Treasury securities, making it the largest foreign creditor."

        Dont really know how that works wirh Hiroshima and Nagasaki being nuked….and then being forced to cover all costs.

        Sounds like a slow burning revenge plot…

        • +1

          It’s starts with US military bases in their country and ends up with them having only partial sovereignty

        • Yes, but 71% of US treasuries are held domestically. $9t is total offshore holdings, of which Japan holds $1.1t.

          Compare that to Australia - 60% of treasuries are held offshore, and only about 40% stay domestically (https://www.aofm.gov.au/investors/wholesale-investors/invest…)

          I think China, Japan and Germany are the only net creditors, although they all issue lots of bonds.

    • which bikie gang would you use to collect your debt from us of a?

      • Vietnam (too soon) and little grey men…

        "One of the most striking claims from Salas is regarding an incident at Malmstrom Air Force Base in Montana, where he alleged a UFO disabled ten warheads. In this encounter, he described the UFO as having an eerie red glow as it sped through the night sky on March 24, 1967."

        But yes, bombs not bucks dictate debt acceptance

  • +3

    Australia is already broke and getting worse by the day, but there is strategy for this as most western countries are also spending up big

    • +4

      You will own nothing and be happy…

    • If you are in a forest there all the trees are broke. Who will hear you when you are broke too?

    • +1

      Digital ID will fix it. >.<

  • +3

    They join the WEF

  • +3

    How Countries Go Broke

    They hand over control of money creation to private interests.

    • Isn't the separation of central banks from the governments a good thing? Everyone seems to agree that independence of central banks is good. Do you think Trump controlling Jerome Powell's replacement will be a good thing?

  • +1

    You can watch the book in a video from the author, for free:
    https://youtu.be/xguam0TKMw8

    • Basically, America is on a downward freefall and China will be the next power for at least 250 years…?

  • -4

    Surprised how many cookers are in the OzBargain comments.

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