From Boom to Bust and Beyond: The Hidden Forces Driving Our Economy - What You Need to Know to Survive and Succeed
How a Generation Created—and Destroyed—the World’s Prosperity The United States is coming off a period of growth and prosperity unlike anything the world has ever seen before. Like a surfer riding a gigantic fifty-foot wave, the economy has been carried by consumer spending from the largest demographic group in history. It was truly a phenomenal time. Unfortunately, that wave has hit the beach. As boomers pass their peak spending years, we will enter an unprecedented demographic winter,...
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The United States is coming off a period of growth and prosperity unlike anything the world has ever seen before.
Acknowledgments xvIntroduction 1Part 1 Getting Ready for the Demographic Winter1 Paradigm Shift in Real Time 52 Fallacies That Rule the World 193 Bubble, Bubble, Toil, and Trouble 414 Bracing for the Big Chill 615 Boomernomics: Pensions and Retirement Issues 87Part 2 Preparing for the Springtime6 Infants, Immigration, Adoption- Creating the Next Boom 1057 Growing Your Way Into Prosperity 1178 Globalization: The Future That Has Yet to Be Written 127Part 3 Hunkering Down for the Long Winter9 Triage 15110 Grizzlies vs. Black Bears 16711 Weathering the Financial Storm 18512 The Call 199Conclusion: Are You Ready? 211Appendix A "What in the World Is Going On?" by Herbert Meyer 215Notes 227Index 241
