Ray Dalio has published an article, titled “The Changing World Order: Focusing on External Conflict and the Russia-Ukraine-NATO Situation” which discusses the rapidly changing conflict in the Russia, Ukraine, and NATO situation. The articles begins as follows:
History is changing fast—in fact so fast that it won’t be long after you read this that dramatic changes will take place that will change the complexion of the world order. In this piece I’d like to put these fast-changing developments in the context of the Big Cycle evolutions of world orders, in this case focusing on the “Big Cycle of External Order and Disorder” as laid out in Chapter 6 of my book Principles for Dealing with the Changing World Order. I will focus most on the Big Cycle that began in 1945 and is now 77 years old. I will briefly review how the big cycle of external conflicts typically works in the context of the rises and declines of empires and world orders. In these respects, my perspective will be different from most others’ perspectives in that 1) while most people are now focusing more on the tactical moment-by-moment developments of the Russia-Ukraine-NATO conflict, I am focusing more on the big picture of the changing world order that this conflict is the latest manifestation of, and 2) while most people are looking at this conflict in isolation, I view it as something that has happened many times before in similar historical cases that we can learn from.
To see the full article, click here: “The Changing World Order: Focusing on External Conflict and the Russia-Ukraine-NATO Situation.”
Posted by Mallory Wentz, Associate Editor, Wealth Strategies Journal.