In this book, Ray Dalio provides a groundbreaking analysis of the Big Debt Cycle, addressing critical questions about debt growth, the potential for a major reserve currency country like the US to go broke, and how to identify and mitigate debt-related risks. Dalio draws on his experience as a global macro investor and his study of 35 historical cases of governments facing financial crises over the past 100 years. He offers a template for identifying and managing debt problems, which he has discussed with treasury secretaries and central bankers worldwide. The book explains the mechanics of debt sustainability, potential government debt reduction strategies, and the role of central bank interventions in managing debt crises.
In this book, Bernie Sanders details his experiences and efforts from June 2016 to August 2018, highlighting his involvement in the resistance movement and his advocacy for democratic and social justice causes. The book provides insights into his political actions and his vision for the future of American politics.
Welcome to the grand finale of Origin Story season seven, as we conclude the remarkable story of Martin Luther King Jr. With the march from Selma to Montgomery and the passing of the Voting Rights Act, 1965 marked the zenith of the civil rights movement as a unified, effective force under King’s leadership. The decade-long fight to desegregate the South had given it strategic clarity and mainstream support. After that, things got much trickier as King switched his attention to economic injustice in cities like Chicago and came out against the war in Vietnam.
Estranged from President Johnson, challenged by the young firebrands of Black Power, hounded by the FBI and horrified by the despair that fuelled urban riots, King spent the rest of his life on the back foot. In 1968, he staked everything on an ambitious Poor People’s Campaign but his movement had fragmented and public opinion had turned against him. On 4 April, he was shot dead in Memphis.
The assassination simplified King into a martyr. We track the explosive unrest in the days after his death, the long struggle to make Martin Luther King Day a national holiday, and the way his philosophy has been caricatured and neutered by those who believe that civil rights have gone far enough. Finally, we unpack some of King’s most famous quotes to separate the myth from the reality.
Why did the movement unravel after Selma? Did King pick the wrong battles or were the forces ranged against him too powerful to vanquish? What happens when a human being becomes a symbol? How has his message been whitewashed by the right? Does President Trump’s backlash politics prove that King was right to lose faith in white America’s willingness to reject racism? And what can today’s activists learn from King’s victories and defeats?
Thanks for listening to season seven of Origin Story, and for supporting our work. We’ll be back soon with bonus episodes and Q&As.
Written and presented by Dorian Lynskey and Ian Dunt. Produced by Simon Williams. Music by Jade Bailey. Art by Jim Parrett. Logo by Mischa Welsh. Group Editor: Andrew Harrison. Origin Story is a Podmasters production
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Origin Story 
