Summary of Ray Dalio’s Big Debt Crises

By: Swift Reads

Narrated by: Richard Webb

Big Debt Crises (2018) by Ray Dalio is an economic primer based on the proprietary decision-making system used at the author’s hugely successful hedge fund, Bridgewater Associates. Financial crises across history tend to share certain features....

Listen to this in-depth summary by Swift Reads to learn more.

©2019 Swift Reads (P)2019 Swift Reads

Doesn't cover enough

I know this is a swift read, but it totally brushes over part 2 and part 3 and doesn't go into enough detail.

Wet my appetite

Now I want to read dalios books. I really like that big debt crisis has case studies that actually describe how they may have diverged from dalio's template

Good review, mediocre summary

I'd say it's rather a professional review of the book than its summary. As a summary it's rather shallow, with little insight, but as a review for someone who wants to decide whether to read the full book, it's quite useful, I think.

informative

helpful to understand the promise of incurring debt and the purchasing power bestowed through credit, and finally how a miscaliberation between reality and overconfidence can pave the way to ruin.

For me, all value was heard in the "sample"

I am an admirer of Dalio, and I haven't read the summarized book, so this deals narrowly with what I got from this summary. The four tools identified to deal with debt in the big picture, and the balancing act of managing with those tools, as heard in the "sample," was a neat compact idea. That's why I bought the summary, expecting more on this level. The remaining content of this summary was OK, but it was all really basic historical stuff, familiar and obvious to me, as a person who has studied this topic at some length. If I had it to do over again, I would just listen to the free sample.