Introduction: The economy on "crack" : the end of Keynesian economics -- Deflation is the trend -- and it changes everything -- Demographic trends are the key driver of our economy : why consumers matter more than government -- The greatest real estate and credit bubble in modern history : bubbles almost always go back to where they started -- Unprecedented government debt : especially unfunded entitlements -- Deleveraging and deflation : it's all about money and restructuring of debt -- Why the government stimulus plan will fail : the recovery is not real -- Consumers are too much in debt : the credit cycle will not come back -- The last great bubble in China : excess capital investment means global deflation and an emerging world downturn -- How you can survive and thrive : strategies for investments and careers -- Expanding your business's dominance in a time of slower growth : the ultimate long-term strategy -- Government needs a new approach : focusing on the causes, not the symptoms -- The greater "Network" Revolution ahead : like the American Revolution in democracy and Industrial Revolution 250 years ago.
Note
Includes index.
Summary
Examines current economic trends in conjunction with general demographic trends in order to predict the continued failure of federal stimulus plans and a near-future deflationary crisis.