World Boom Ahead : Why Business and Consumers Will Prosper

Rating:
Summary: a well written well documented powerful book
Review: I found this outstanding book very hard to put down once I began reading it. Knight Kiplinger describes the major global trends of the world ecomony and places America right in the center of a world economic boom that he claims should last for many decades to come. To justify his predictions, he carefully describes each of the major world markets citing their strengths and weaknesses. He describes each of the key industries in the world predicting its economic outlook for the next century and predicting where each is likely to flourish. One of the most powerful sections of the book is his discussion of the demographics of the various world populations and his thoughts on how this will affect their individual economies. The book is supported by a huge amount supporting factual data regarding the world business scene. Although the work does not contain precise footnotes with references, the excellent reputation of the Kiplinger publications provides sufficent believability for this reviewer and the author has offered to supply source information if needed. I would think that anyone who plans to be an invester, a businessman, an entrepreneur, or just an informed citizen in the next century would benifit greatly by reading this book.

Rating:
Summary: World Boom Ahead : Why Business and Consumers Will Prosper
Review: I had high expecations for this book, since I have always enjoyed the Kiplinger Newsletter and often read the magazine. What I found in this book was allot of dated information, there are many others books that have current data that would be much more worth your time.

Rating:
Summary: World Boom Ahead : Why Business and Consumers Will Prosper
Review: I would strongly recommend this book to anyone. I have great respect for Kiplinger, and I say this because I used to subscribe to the newsletter and more importantly, I read their 1989 book, America in the Global 90s. At that time, America had high inflation and interest rates, Japan was booming, and it was viewed that America was declining. Kiplinger took exception to this view. Among other things, they said were that Amercia would adjust because it is open and adaptable, that technology and telecommunications would be hot (they said that telecommunications is what railroads and rivers were in the past to cities). They also said that inflation and interest rates would decline significantly (remember 20% inflation and rates?) and stocks would boom (his forecast was for 6000, up from about 1800-2000 then). Also, gold and silver would lag other investments.

An important and controversial belief was that the US has an edge on Japan because it is a more open society and economy.

Of course not all predictions can true (for example, he didn't expect Asian tigers to crash), but anyone paying attention to his forecast who have made a bundle in the 90s.

In fact, some of his predictions in this new book already are happening - he says unbelievable fortunes will be created as companies go public, soar in value and then are bought out by bigger companies. Look at what has happened in 1999 year with Internet and Liniux companies (his book came out 1998)...

Rating:
Summary: World Boom Ahead
Review: I would strongly recommend this book to anyone. I have great respect for Kiplinger, and I say this because I used to subscribe to the newsletter and more importantly, I read their 1989 book, America in the Global 90s. At that time, America had high inflation and interest rates, Japan was booming, and it was viewed that America was declining. Kiplinger took exception to this view. Among other things, they said were that Amercia would adjust because it is open and adaptable, that technology and telecommunications would be hot (they said that telecommunications is what railroads and rivers were in the past to cities). They also said that inflation and interest rates would decline significantly (remember 20% inflation and rates?) and stocks would boom (his forecast was for 6000, up from about 1800-2000 then). Also, gold and silver would lag other investments.

An important and controversial belief was that the US has an edge on Japan because it is a more open society and economy.

Of course not all predictions can true (for example, he didn't expect Asian tigers to crash), but anyone paying attention to his forecast who have made a bundle in the 90s.

In fact, some of his predictions in this new book already are happening - he says unbelievable fortunes will be created as companies go public, soar in value and then are bought out by bigger companies. Look at what has happened in 1999 year with Internet and Liniux companies (his book came out 1998)...

Rating:
Summary: a well written well documented powerful book
Review: kiplinger puts the entire world into perspective inserting today into a factual and historical mix that graphs where we have been, where we are, and exactly where we are headed...sheer greatness.