bRay Dalio, the legendary investor and 1 iNew York Timesi bestselling author of iPrinciplesi--whose books have sold more than five million copies worldwide--bshares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to antic-ipate 2008's events and navigate them well while others struggled badly.b pAs he explained in his 1 iNew York Timesi best-seller iPrinciplesi, 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 hap-pening and helping them be better managed in the future. p The template comes in three parts br 1. The Archetypal Big Debt Cycle which explains the template