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The Big Cycle: How Great Powers Rise
Principles by Ray Dalioยท2025-07-28 13:53

Now, I'll take you through the big cycle in more detail. Give me 20 minutes and I'll give you the last 500 years of history and show you the similar patterns across the Dutch, British, US, and Chinese empires. 500 years of big cycles.I'm going to describe the typical cycle by dividing it into three phases. The rise, the top, and the decline. The rise.Successful new waters that rise, both internal and external, are typically started by powerful revolutionary leaders doing four things. First, they win power b ...