"Deftly weaving finance, politics, business, and the global human experience into one tight narrative, a tour-de-force account of 2020, the year that changed everything--from the acclaimed author of Crashed. The shocks of 2020 have been great and small, disrupting the world economy, international relations and the daily lives of virtually everyone on the planet. Never before has the entire world economy contracted by 20 percent in a matter of weeks...

Examines history's most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those in recent memory. A few years ago, Dalio noticed a confluence of political and economic conditions he hadn't encountered before: huge debts and zero or near-zero interest rates that led to massive printing of money in the world's three major reserve currencies. Here Dalio brings readers along for his study of...