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Title: World Boom Ahead : Why Business and Consumers Will Prosper by Knight Kiplinger ISBN: 0-938721-55-0 Publisher: Natl Book Network Pub. Date: 01 October, 1998 Format: Hardcover Volumes: 1 List Price(USD): $27.95 |
Average Customer Rating: 4.29 (7 reviews)
Rating: 2
Summary: World Boom Ahead : Why Business and Consumers Will Prosper
Comment: 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: 5
Summary: World Boom Ahead
Comment: 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: 5
Summary: a well written well documented powerful book
Comment: 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.
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