THE RIDE THAT NEVER ENDS
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirWa1mhMPiRMN1_v8539BRJ3M7rhQk9BDWcq5nGffz1VYbhLWbRN8jnvOHE5HqSH67HSUGPXB-BCFO6GGW8bSoPcCxmSivNt7O5dNcW72omYsqL-tQ_mTd7TN1OvBfivwjHJeS4WW0HglsEowNU-9ebFTHp3eQddDEHmPAD0x5cSL8h1CQqjq15B-KJw/w527-h266/shutterstock_81827446.jpg)
Source: Shutterstock Ray Dalio, CEO and former co-chief investment officer at hedge fund Bridgewater Associates, has spent decades researching and writing about the political and financial cycles that have recurred throughout history. His book " The Changing World Order: Why Nations Succeed and Fail " is not just for historians. It is essential reading for investors. He finds that the rise and fall of major powers follow a predictable template. Armed with this knowledge, we can plot where we are in the current cycle.