Offer an analysis of the escalating competition among the world's growing economies and explain how Americans can survive and thrive in spite of it
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William Sterling is well known on Wall Street as an investment strategist with a unique global perspective. He is currently head of global equities for Credit Suisse Asset Management. His staff manages more than $30 billion in equity investments, and he directly oversees more than $5 billion in global and international funds, working for New York-based BEA Associates, an affiliate of Credit Suisse Asset Management. After obtaining a Ph.D. in Economics from Harvard University, Sterling worked as an economist for Merrill Lynch in Tokyo in the late 1980s during Japan's financial market boom. From 1989 to 1995 he headed Merrill's international economics group and conducted research on trends in international interest rates, exchange rates, and money flows to emerging markets.
Stephen Waite has spent the past twelve yea
n, high employment, a stock market that has reached unprecedented heights. The economy doesn't get any better than this. Clearly, for the seventy-six million baby boomers hitting their prime earning years, the "good old days" are right now, and there's no end in sight. Or is there?
In this powerful, prescient book, economists and financial wizards William Sterling and Stephen Waite take an indepth look at how America's baby boomers have transformed the nation's--and the world's--economy and how that transformation must inevitably--and radically--alter its course as the boomers age. Grounded in common sense, infused with the startling clarity, Boomernomics is a book you can't afford to ignore.
Yes, the good times are bound to go on rolling for at least another decade. The demographics fueling the current boom, coupled with the huge benefits of technology and globalization, will take us into the twenty-first century on a building wave of prosperity--and Sterling and W
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