Boomernomics by William P. Sterling
The Future of Your Money in the Upcoming Generational Warfare

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Low inflation, 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 Waite show us how best to capitalize on that. But when the wave crashes, it may crash hard and fast.

But the economic "big chill" won't freeze you if you're prepared for it. As Sterling and Waite show, there are strategies we can use, both as private individuals and collectively as a nation, to prosper during the "age wave." Privatizing social security, applying market principles to the health care system, rethinking the concept of retirement, tapping creatively into the potential gold mine on the Internet, using demographics to pinpoint growth industries: these are among the prescriptive suggestions that the authors use to successfully manage their thirty-billion-dollar money market fund--and that will now work for you.

The baby boom is the single most significant social and economic phenomenon of the twentieth century--but its full impact will only be felt in the decades ahead. This landmark book gives you the vision and the knowledge you need to stay ahead of the all-important demographics curve.

About William P. Sterling

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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
Published August 1, 1998 by Ballantine Books. 240 pages
Genres: Business & Economics. Non-fiction

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Nonetheless, Sterling and Waite's entertaining style (""When Peter, Paul, and Mary made fun in the 1960s of all the ticky-tacky little boxes that were scattered on hillsides, few would have predicted how valuable those little boxes would become in the 1970s and 1980s"") makes this a worthwhile su...

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