The Demographic Cliff

If you have the common sense to understand that you can’t fight a debt crisis with more debt, and that the massive Baby Boom generation around the world will only spend less as they age, not more, then you will listen to what I have to say and prepare your investments, your business, and your family and kids for this inevitable and necessary crisis

For what remains of this decade, any appreciation

6. Convenience stores and drugstores 7. Pharmaceuticals and vitamins 8. Downtown townhomes/condos 9. Active exurban retirement communities 10. Recreational vehicles (RVs)

Free-market capitalism rewards those who produce and innovate the most, as does nature with its survival-of-the-fittest drive.

Australia also has a real estate bubble that

The top consumer markets ahead for the larger, aging Baby Boom generation are: 1. Discretionary health care and wellness 2. Nursing home and assisted living facilities 3. Health and life insurance 4. Retirement and financial planning 5. Home maintenance services

Growth is more likely to come as a result of technological advances, especially those that will increase longevity and working years, which could help compensate for the lower number of workers. Such areas as biotechnology, robotics, nanotechnology, and new energy sources that are cleaner will be the drivers, but it will be a long time before they

free-market capitalism that functions best only when governments provide a stable base of rules and a neutral monetary policy,

done. India is likely to be the next large-growth economy to eclipse China in growth after what has, thus far, been an inept