Anyone wanting to understand the “why” behind this is encouraged to read Ray Dalio’s latest book. As the worlds largest hedge fund his firm put big bets against Europe last year and doubled down more this year. There are generational macro effects that make this far more predictable and yet uncontrollable at play. Also checkout Peter Zeihan’s book that briefly made it to the NY top 10 a couple of months back. Both have done the scholarly work so you don’t have to…

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail https://a.co/d/glYQyNV