How Countries Go Broke

"How Countries Go Broke" is a non-fiction book by Ray Dalio that explores the fundamental principles of economics and the mechanisms of the debt cycle. This work analyzes how nations fall into financial trouble and the factors that can lead to a sovereign default. Dalio provides a comprehensive examination of the economic conditions and political decisions that contribute to national indebtedness. The book is aimed at readers who wish to develop a deeper understanding of the dynamics of the global economy and the challenges that countries face. It highlights current trends and offers recommendations on how to navigate a complex economic environment. Written in English and published in 2025, this non-fiction book is a valuable resource for anyone interested in economics and law, as well as for those seeking to understand the mechanisms behind financial crises in nations.