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If you think the ideas he is presenting in this book are mistaken, then you should present some specific arguments.
by woodandsteel 7y ago
If you think the ideas he is presenting in this book are mistaken, then you should present some specific arguments.
- chewz 7y agoI kind of did. The author cannot be trusted with managing my money. And what he is saying is plain silly. > Jim Grant Is ‘Bearish’ on Bridgewater, Saying Dalio Isn’t Focused on Investing https://www.bloomberg.com/news/articles/2017-10-05/jim-grant-is-bearish-on-bridgewater-as-dalio-grabs-spotlight https://www.bloomberg.com/news/articles/2017-10-05/jim-grant...
- woodandsteel 7y agoNo, that's not what the book is about, it's not a book about investing your money today. It's about the history of empires and why they rise or fall. If you think those ideas are wrong, then explain why. And note that he didn't invent these ideas on his own. They are based on extensive reading of works by experts in the area.
- restalis 7y agoOne of the things in the article that feels off is presenting correlations among historic empires by looking through contemporary model view. In their time, those empires were ruled by different models. To give you an example, here is this "currency reserve" thing that he's talking about, and especially the claims about the Dutch empire in that context. AFAK, the "currency reserve" notion itself is pretty new, and to consider the Dutch empire as "world power" is also a stretch, regardless of whatever wonders that may have happened there in its heydays.
- mauricemooij 7y agoHave a look at the Wikipedia article about the Dutch golden age. Calling the "foremost maritime and economic power in the world" a world power doesn't seem a stretch.