How Countries Go Broke
Principles for Navigating the Big Debt Cycle, Where We Are Headed, and What We Should Do
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
$0.99/mo for the first 3 months

Get 2 free audiobooks during trial.
Pre-order for $22.49
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
By:
-
Ray Dalio
About this listen
An Avid Reader Press book. Simon & Schuster has a great book for every listener.
©2024 Ray Dalio (P)2024 Simon & Schuster AudioCritic reviews
Winner of the Axiom Business Book Award for 2018
“Mr. Dalio has long been an object of fascination. . . . His new book is more significant than the original list of principles: It is part memoir, part how-to guide. It is a deeply personal story, with Mr. Dalio wading into how he started his firm in 1975, internal conflicts inside the company, and strife early on in his career. The book is both instructive and surprisingly moving. . . . Underneath what may seem like a clinical, emotionless approach is something different and far more poignant: Mr. Dalio is preaching for individuals to have a sense of humility and introspection, an ability to open themselves to appreciate pointed criticism and use it to improve.” —The New York Times
—Bill Gates
Related to this topic
-
The Let Them Theory
- A Life-Changing Tool That Millions of People Can’t Stop Talking About
- By: Mel Robbins
- Narrated by: Mel Robbins
- Length: 10 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
In her latest groundbreaking book, The Let Them Theory, Mel Robbins—New York Times bestselling author and one of the world's most respected experts on motivation, confidence, and mindset—teaches you how to stop wasting energy on what you can't control and start focusing on what truly matters: YOU. Your happiness. Your goals. Your life.
-
-
“…Grant me the serenity…”
- By Rachel Cornell on 12-25-24
By: Mel Robbins
-
Broken Country
- By: Clare Leslie Hall
- Narrated by: Hattie Morahan
- Length: 8 hrs and 57 mins
- Unabridged
-
Overall
-
Performance
-
Story
Beth and her gentle, kind husband Frank are happily married, but their relationship relies on the past staying buried. But when Beth’s brother-in-law shoots a dog going after their sheep, Beth doesn’t realize that the gunshot will alter the course of their lives. For the dog belonged to none other than Gabriel Wolfe, the man Beth loved as a teenager—the man who broke her heart years ago. Gabriel has returned to the village with his young son Leo, a boy who reminds Beth very much of her own son, who died in a tragic accident.
-
-
Excellent storytelling
- By A.E.C. on 03-15-25
-
Atomic Habits
- An Easy & Proven Way to Build Good Habits & Break Bad Ones
- By: James Clear
- Narrated by: James Clear
- Length: 5 hrs and 35 mins
- Unabridged
-
Overall
-
Performance
-
Story
No matter your goals, Atomic Habits offers a proven framework for improving - every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results. If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the wrong system for change.
-
-
Author went overboard hawking his site
- By CHughes on 06-25-19
By: James Clear
-
Once Upon a Crime
- By: Brynn Kelly
- Narrated by: Chase Brown, Rebekkah Ross
- Length: 10 hrs and 50 mins
- Original Recording
-
Overall
-
Performance
-
Story
Lana Fleming’s sister has vanished from the set of TV’s hottest show, and no one seems to care. Desperate for answers, Lana sneaks in as an extra, only to get stranded with Griffin Hart, an A-list action star with a reputation for good abs and bad decisions. Though Griffin didn’t expect to be cast as a librarian’s sidekick in a real-life thriller, he’s weirdly into it—and into her. Even more unsettling—she sees right through his playboy persona. But their meet-cute soon turns deadly when they uncover a Hollywood scandal for the ages.
-
-
Never a dull moment
- By Christina Clark on 03-11-25
By: Brynn Kelly
-
Project Hail Mary
- By: Andy Weir
- Narrated by: Ray Porter
- Length: 16 hrs and 10 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ryland Grace is the sole survivor on a desperate, last-chance mission - and if he fails, humanity and the Earth itself will perish. Except that right now, he doesn't know that. He can't even remember his own name, let alone the nature of his assignment or how to complete it. All he knows is that he's been asleep for a very, very long time. And he's just been awakened to find himself millions of miles from home, with nothing but two corpses for company.
-
-
Bazinga
- By Davidgonzalezsr on 05-04-21
By: Andy Weir
-
The Boyfriend
- By: Freida McFadden
- Narrated by: Victoria Connolly, Robb Moreira
- Length: 9 hrs and 20 mins
- Unabridged
-
Overall
-
Performance
-
Story
Sydney Shaw, like every single woman in New York, has terrible luck with dating. She’s seen it all: men who lie in their dating profile, men who stick her with the dinner bill, and worst of all, men who can't shut up about their mothers. But finally, she hits the jackpot. Her new boyfriend is utterly perfect. He's charming, handsome, and works as a doctor at a local hospital. Sydney is swept off her feet. Then the brutal murder of a young woman—the latest in a string of deaths across the coast—confounds police. The primary suspect? A mystery man who dates his victims before he kills them.
-
-
So obnoxious
- By JDSanDiego on 11-09-24
By: Freida McFadden
-
The Let Them Theory
- A Life-Changing Tool That Millions of People Can’t Stop Talking About
- By: Mel Robbins
- Narrated by: Mel Robbins
- Length: 10 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
In her latest groundbreaking book, The Let Them Theory, Mel Robbins—New York Times bestselling author and one of the world's most respected experts on motivation, confidence, and mindset—teaches you how to stop wasting energy on what you can't control and start focusing on what truly matters: YOU. Your happiness. Your goals. Your life.
-
-
“…Grant me the serenity…”
- By Rachel Cornell on 12-25-24
By: Mel Robbins
-
Broken Country
- By: Clare Leslie Hall
- Narrated by: Hattie Morahan
- Length: 8 hrs and 57 mins
- Unabridged
-
Overall
-
Performance
-
Story
Beth and her gentle, kind husband Frank are happily married, but their relationship relies on the past staying buried. But when Beth’s brother-in-law shoots a dog going after their sheep, Beth doesn’t realize that the gunshot will alter the course of their lives. For the dog belonged to none other than Gabriel Wolfe, the man Beth loved as a teenager—the man who broke her heart years ago. Gabriel has returned to the village with his young son Leo, a boy who reminds Beth very much of her own son, who died in a tragic accident.
-
-
Excellent storytelling
- By A.E.C. on 03-15-25
-
Atomic Habits
- An Easy & Proven Way to Build Good Habits & Break Bad Ones
- By: James Clear
- Narrated by: James Clear
- Length: 5 hrs and 35 mins
- Unabridged
-
Overall
-
Performance
-
Story
No matter your goals, Atomic Habits offers a proven framework for improving - every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results. If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the wrong system for change.
-
-
Author went overboard hawking his site
- By CHughes on 06-25-19
By: James Clear
-
Once Upon a Crime
- By: Brynn Kelly
- Narrated by: Chase Brown, Rebekkah Ross
- Length: 10 hrs and 50 mins
- Original Recording
-
Overall
-
Performance
-
Story
Lana Fleming’s sister has vanished from the set of TV’s hottest show, and no one seems to care. Desperate for answers, Lana sneaks in as an extra, only to get stranded with Griffin Hart, an A-list action star with a reputation for good abs and bad decisions. Though Griffin didn’t expect to be cast as a librarian’s sidekick in a real-life thriller, he’s weirdly into it—and into her. Even more unsettling—she sees right through his playboy persona. But their meet-cute soon turns deadly when they uncover a Hollywood scandal for the ages.
-
-
Never a dull moment
- By Christina Clark on 03-11-25
By: Brynn Kelly
-
Project Hail Mary
- By: Andy Weir
- Narrated by: Ray Porter
- Length: 16 hrs and 10 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ryland Grace is the sole survivor on a desperate, last-chance mission - and if he fails, humanity and the Earth itself will perish. Except that right now, he doesn't know that. He can't even remember his own name, let alone the nature of his assignment or how to complete it. All he knows is that he's been asleep for a very, very long time. And he's just been awakened to find himself millions of miles from home, with nothing but two corpses for company.
-
-
Bazinga
- By Davidgonzalezsr on 05-04-21
By: Andy Weir
-
The Boyfriend
- By: Freida McFadden
- Narrated by: Victoria Connolly, Robb Moreira
- Length: 9 hrs and 20 mins
- Unabridged
-
Overall
-
Performance
-
Story
Sydney Shaw, like every single woman in New York, has terrible luck with dating. She’s seen it all: men who lie in their dating profile, men who stick her with the dinner bill, and worst of all, men who can't shut up about their mothers. But finally, she hits the jackpot. Her new boyfriend is utterly perfect. He's charming, handsome, and works as a doctor at a local hospital. Sydney is swept off her feet. Then the brutal murder of a young woman—the latest in a string of deaths across the coast—confounds police. The primary suspect? A mystery man who dates his victims before he kills them.
-
-
So obnoxious
- By JDSanDiego on 11-09-24
By: Freida McFadden
-
The Wedding People
- A Novel
- By: Alison Espach
- Narrated by: Helen Laser
- Length: 11 hrs and 37 mins
- Unabridged
-
Overall
-
Performance
-
Story
It’s a beautiful day in Newport, Rhode Island, when Phoebe Stone arrives at the grand Cornwall Inn wearing a green dress and gold heels, not a bag in sight, alone. She's immediately mistaken by everyone in the lobby for one of the wedding people, but she’s actually the only guest at the Cornwall who isn’t here for the big event. Phoebe is here because she’s dreamed of coming for years—she hoped to shuck oysters and take sunset sails with her husband, only now she’s here without him, at rock bottom, and determined to have one last decadent splurge on herself.
-
-
What a beautiful book
- By Brooke Baker on 08-15-24
By: Alison Espach
-
The Next Conversation
- Argue Less, Talk More
- By: Jefferson Fisher
- Narrated by: Jefferson Fisher
- Length: 6 hrs and 35 mins
- Unabridged
-
Overall
-
Performance
-
Story
No matter who you’re talking to, The Next Conversation gives you immediately actionable strategies and phrases that will forever change how you communicate. Jefferson Fisher, trial lawyer and one of the leading voices on real-world communication, offers a tried-and-true framework that will show you how to transform your life and your relationships by improving your next conversation.
-
-
Exceeded all expectations
- By Anonymous User on 03-19-25
By: Jefferson Fisher
-
Careless People
- A Cautionary Tale of Power, Greed, and Lost Idealism
- By: Sarah Wynn-Williams
- Narrated by: Sarah Wynn-Williams
- Length: 13 hrs and 16 mins
- Unabridged
-
Overall
-
Performance
-
Story
From trips on private jets and encounters with world leaders to shocking accounts of misogyny and double standards behind the scenes, this searing memoir exposes both the personal and the political fallout when unfettered power and a rotten company culture take hold. In a gripping and often absurd narrative where a few people carelessly hold the world in their hands, this eye-opening memoir reveals what really goes on among the global elite.
-
-
compelling, horrifying, and significantly important
- By Eric Andrade on 03-15-25
-
Not a Very Good Murderer
- By: Ronan Farrow
- Narrated by: Ronan Farrow
- Length: 4 hrs and 17 mins
- Original Recording
-
Overall
-
Performance
-
Story
In this wild, genre-bending audio documentary, New York Times best-selling author and Pulitzer Prize-winning investigative reporter Ronan Farrow dives deep into the strange and storied life of high-society socialite and former Miss Arizona Celia (Cece) Doane.
-
-
Definitely a Very Good Listen
- By Amazon Customer on 03-24-25
By: Ronan Farrow
-
The Locked Door
- By: Freida McFadden
- Narrated by: Leslie Howard
- Length: 7 hrs and 25 mins
- Unabridged
-
Overall
-
Performance
-
Story
While eleven-year-old Nora Davis was up in her bedroom doing homework, she had no idea her father was killing women in the basement. Until the day the police arrived at their front door. Decades later, Nora's father is spending his life behind bars, and Nora is a successful surgeon with a quiet, solitary existence. Nobody knows her father was a notorious serial killer. And she intends to keep it that way. `Then Nora discovers one of her young female patients has been murdered. In the same unique and horrific manner that her father used to kill his victims.
-
-
This is a Re-release from 2021!
- By Itwasntme on 12-19-24
By: Freida McFadden
-
Abundance
- By: Ezra Klein, Derek Thompson
- Narrated by: Ezra Klein, Derek Thompson
- Length: 7 hrs and 14 mins
- Unabridged
-
Overall
-
Performance
-
Story
To trace the history of the twenty-first century so far is to trace a history of unaffordability and shortage. After years of refusing to build sufficient housing, America has a national housing crisis. After years of limiting immigration, we don’t have enough workers. Despite decades of being warned about the consequences of climate change, we haven’t built anything close to the clean-energy infrastructure we need. Ambitious public projects are finished late and over budget—if they are ever finished at all.
-
-
Ambitious, provocative, and optimistic
- By Anonymous User on 03-22-25
By: Ezra Klein, and others
People who viewed this also viewed...
-
Principles for Navigating Big Debt Crises
- By: Ray Dalio
- Narrated by: Stephen Graybill
- Length: 16 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
As he explained in his #1 New York Times bestseller Principles, Ray Dalio believes that most everything happens over and over again through time so that by studying patterns one can understand the cause-effect relationships behind events and develop principles for dealing with them well. In this three-part research series, he does just that for big debt crises and shares his template in the hopes of reducing the chances of big debt crises happening and helping them be better managed in the future.
-
-
Interesting book
- By Mark on 02-06-23
By: Ray Dalio
-
Principles for Dealing with the Changing World Order
- Why Nations Succeed or Fail
- By: Ray Dalio
- Narrated by: Jeremy Bobb, Ray Dalio
- Length: 16 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
From legendary investor Ray Dalio, author of the number-one New York Times best seller Principles, who has spent half a century studying global economies and markets, Principles for Dealing with the Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes - and to offer practical advice on how to navigate them well.
-
-
Ray Dalio, Chinas New Minister of Propoganda
- By Dudley on 01-04-22
By: Ray Dalio
-
Principles
- Life and Work
- By: Ray Dalio
- Narrated by: Ray Dalio, Jeremy Bobb
- Length: 16 hrs and 5 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ray Dalio, one of the world's most successful investors and entrepreneurs, shares the unconventional principles that he's developed, refined, and used over the past 40 years to create unique results in both life and business - and which any person or organization can adopt to help achieve their goals.
-
-
Idea-meritocracy/Principles Reference
- By P Eberle on 06-30-18
By: Ray Dalio
-
The Fund
- Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend
- By: Rob Copeland
- Narrated by: Rob Copeland, Will Damron
- Length: 12 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ray Dalio does not want you to listen to this audiobook. Late last year, when the billionaire founder of Bridgewater Associates, the largest hedge fund on the planet, announced that he was stepping down from the company he started out of his apartment nearly 50 years ago, the news made headlines around the world. Dalio cultivated an aura of international admiration and fame thanks to his company’s eye-popping success, coupled with a mystique he encouraged with frequent media appearances, celebrity hobnobbing, and his bestselling book, Principles.
-
-
Best finance book I've read in years
- By Aaron on 12-16-23
By: Rob Copeland
-
Poor Charlie’s Almanack
- The Essential Wit and Wisdom of Charles T. Munger
- By: Charles T. Munger
- Narrated by: Grover Gardener
- Length: 13 hrs and 9 mins
- Unabridged
-
Overall
-
Performance
-
Story
"Spend each day trying to be a little wiser than you were when you woke up," Charles T. Munger advises in Poor Charlie’s Almanack. Originally published in 2005, this compendium of 11 talks, delivered by the legendary Berkshire Hathaway vice-chairman between 1986 and 2007, has become a touchstone for a generation of investors and entrepreneurs seeking to absorb the enduring wit and wisdom of one of the great minds of the 20th and 21st centuries.
-
-
Wisdom from grandpa Charlie
- By J R Cavanaugh on 08-18-24
-
Thinking, Fast and Slow
- By: Daniel Kahneman
- Narrated by: Patrick Egan
- Length: 20 hrs and 2 mins
- Unabridged
-
Overall
-
Performance
-
Story
The guru to the gurus at last shares his knowledge with the rest of us. Nobel laureate Daniel Kahneman's seminal studies in behavioral psychology, behavioral economics, and happiness studies have influenced numerous other authors, including Steven Pinker and Malcolm Gladwell. In Thinking, Fast and Slow, Kahneman at last offers his own, first book for the general public. It is a lucid and enlightening summary of his life's work. It will change the way you think about thinking. Two systems drive the way we think and make choices, Kahneman explains....
-
-
Difficult Listen, but Probably a Great Read
- By Mike Kircher on 01-12-12
By: Daniel Kahneman
-
Principles for Navigating Big Debt Crises
- By: Ray Dalio
- Narrated by: Stephen Graybill
- Length: 16 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
As he explained in his #1 New York Times bestseller Principles, Ray Dalio believes that most everything happens over and over again through time so that by studying patterns one can understand the cause-effect relationships behind events and develop principles for dealing with them well. In this three-part research series, he does just that for big debt crises and shares his template in the hopes of reducing the chances of big debt crises happening and helping them be better managed in the future.
-
-
Interesting book
- By Mark on 02-06-23
By: Ray Dalio
-
Principles for Dealing with the Changing World Order
- Why Nations Succeed or Fail
- By: Ray Dalio
- Narrated by: Jeremy Bobb, Ray Dalio
- Length: 16 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
From legendary investor Ray Dalio, author of the number-one New York Times best seller Principles, who has spent half a century studying global economies and markets, Principles for Dealing with the Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes - and to offer practical advice on how to navigate them well.
-
-
Ray Dalio, Chinas New Minister of Propoganda
- By Dudley on 01-04-22
By: Ray Dalio
-
Principles
- Life and Work
- By: Ray Dalio
- Narrated by: Ray Dalio, Jeremy Bobb
- Length: 16 hrs and 5 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ray Dalio, one of the world's most successful investors and entrepreneurs, shares the unconventional principles that he's developed, refined, and used over the past 40 years to create unique results in both life and business - and which any person or organization can adopt to help achieve their goals.
-
-
Idea-meritocracy/Principles Reference
- By P Eberle on 06-30-18
By: Ray Dalio
-
The Fund
- Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend
- By: Rob Copeland
- Narrated by: Rob Copeland, Will Damron
- Length: 12 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
Ray Dalio does not want you to listen to this audiobook. Late last year, when the billionaire founder of Bridgewater Associates, the largest hedge fund on the planet, announced that he was stepping down from the company he started out of his apartment nearly 50 years ago, the news made headlines around the world. Dalio cultivated an aura of international admiration and fame thanks to his company’s eye-popping success, coupled with a mystique he encouraged with frequent media appearances, celebrity hobnobbing, and his bestselling book, Principles.
-
-
Best finance book I've read in years
- By Aaron on 12-16-23
By: Rob Copeland
-
Poor Charlie’s Almanack
- The Essential Wit and Wisdom of Charles T. Munger
- By: Charles T. Munger
- Narrated by: Grover Gardener
- Length: 13 hrs and 9 mins
- Unabridged
-
Overall
-
Performance
-
Story
"Spend each day trying to be a little wiser than you were when you woke up," Charles T. Munger advises in Poor Charlie’s Almanack. Originally published in 2005, this compendium of 11 talks, delivered by the legendary Berkshire Hathaway vice-chairman between 1986 and 2007, has become a touchstone for a generation of investors and entrepreneurs seeking to absorb the enduring wit and wisdom of one of the great minds of the 20th and 21st centuries.
-
-
Wisdom from grandpa Charlie
- By J R Cavanaugh on 08-18-24
-
Thinking, Fast and Slow
- By: Daniel Kahneman
- Narrated by: Patrick Egan
- Length: 20 hrs and 2 mins
- Unabridged
-
Overall
-
Performance
-
Story
The guru to the gurus at last shares his knowledge with the rest of us. Nobel laureate Daniel Kahneman's seminal studies in behavioral psychology, behavioral economics, and happiness studies have influenced numerous other authors, including Steven Pinker and Malcolm Gladwell. In Thinking, Fast and Slow, Kahneman at last offers his own, first book for the general public. It is a lucid and enlightening summary of his life's work. It will change the way you think about thinking. Two systems drive the way we think and make choices, Kahneman explains....
-
-
Difficult Listen, but Probably a Great Read
- By Mike Kircher on 01-12-12
By: Daniel Kahneman