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Hey What"s That |
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| It��셲 not the ��쐅iant sucking sound��� that Ross Perot predicted would signal the drain of millions of American jobs to Third World countries. It��셲 true that many U.S. workers in manufacturing industries have seen their jobs vanish, and that the U.S. workforce has been declining for more than three years. But the problem isn��셳 foreign competition with cheaper labor. |
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Where the Money Is |
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| Boomers are becoming the wealthiest and healthiest generation of older people in the history of the world. As they have aged, they haven"t stopped spending on themselves. Their total spending power per year surpasses $1 trillion, according to American Demographics. |
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The World Is Swimmin |
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| An old saying tells us, ��쏽ou can never be too thin or too rich.��� But the truth is that you can have too much cash. Today, the developing world and Europe are spending less money than they are taking in, and the result is a surplus of savings that the global economy must somehow learn to use effectively.
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| An old saying tells us, ��쏽ou can never be too thin or too rich.��� But the truth is that you can have too much cash. Today, the developing world and Europe are spending less money than they are taking in, and the result is a surplus of savings that the global economy must somehow learn to use effectively.
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The God-Gulf |
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| As we get further into the 21st century, we��셱e approaching a sociological and political ��쐔ipping point��� similar to the one that we encountered in the mid-1960s. |
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