retirement REVIEW |
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good retirement gift |
age early retirementIt would be great if we could all retire with a nice portfolio of savings and pension income, without having to worry about paying the bills most retired people pay.
The book really cant make up its mind whether it is for those saving for old age, or already in it and trying to decide how best to take their income. It tries to do both and falls short on both counts, but particularly the latter. There is little or no discussion of many things -such as bonds or zeros - if only to dismiss them. These are (albeit briefly) explored in the Motley Fool UK Investment Guide - where the section on 'Hermiones old age' was very informative. If ths present book could have used this as a starting point we could have learned much more. Likewise, there is little consideration of those already in their forties but with little or no investment. The book all to often assumes you are in the early stages of a career or at the end of it. Buy this book if you are a first timer to the Motley Fool - otherwise stick with the UK Investment Guide and wait for the second edition of Old Age.......
William Greider addresses the most important issue concerning America's economic future: the globalization of the economy and it's implications. In the new world order, capital is in limited supply but labor is in overabundance. As would be expected in a laizze faire economy, the cost of labor will remain depressed in the industrialized world. In the developing nations across Asia and Latin America, the factory workers simply don't have the purchasing power to buy the products they are manufacturing. Since Japan has never matured into a consumer based society, developing nations especially China will add to the global oversupply of labor and production.
While few mainstream economists predicted the recent economic collapse of the 11th largest economy (ie. South Korea), William Greider's prediction of global economic chaos and collapse can no longer be ignored. "One World, Ready or Not" should be heeded by Washington policymakers mesmerized by the exuberance of the stock market.
1. Retirement - Wikipedia, the free encyclopedia
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