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10 Reasons We are NOT Undergoing a Cyclical Recovery

February 26, 2010 by Editor · Leave a Comment 

This is NOT a business cycle: this is a one-time reversal of twenty years of inflation of the household balance sheet. An aging population needs a 10% savings rate (at least) to meet minimum funding requirements for the biggest retirement wave in US history but, instead, with 17% effective unemployment, many Americans are dis-saving. Words: 332




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Stalking the Black Swan: Research and Decision Making in a World of Extreme Volatility (Columbia Business School Publishing) (Hardcover)

By (author) Kenneth A. Posner
List Price: $29.95 USD
New From: $17.99 In Stock
Used from: $16.00 In Stock
Release date April 1, 2010.
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