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The Increasingly Bin |
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| Over the past 15 years, the United States has become the world��셲 sole superpower, dwarfing every other nation in terms of economic and military might. And while Japan, Russia, and the EU have fallen further behind, one nation has emerged to join the U.S. as the primary driver of global prosperity: China. In astronomical terms, we might envision the U.S. and Chinese economies as two stars revolving about each other, while accelerating and pulling a host of planets along with them. |
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The "Efficient Marke |
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| The 諛팭ficient market hypothesis,?which Wall Street embraced for decades, holds that in a market where everyone has equal access to the same information, rational investors will set stock prices ?and the prices will reflect the generally understood information about the value of those stocks. No one has an unfair advantage ?and no one is supposed to be able to beat the market over the long term. This is the foundation upon which the $1 trillion index-fund industry rests. |
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Elder-Care Becomes a |
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| In addition to the retrained older workers who will remain in the workforce, there will also be growing numbers of even older people, in their 80s and 90s, who will no longer be able to work or even care for themselves. |
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It"s Time to Re |
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| For the past two decades, the editors of Trends have been explaining why the traditional concept of retirement is destined to vanish by the second decade of the 21st century. This is becoming increasingly evident. The Bureau of Labor Statistics foresees a shortfall of 10 million workers in the United States by 2010. Let"s look at how society and business will have to change for the coming new era. |
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The War That Wasn&qu |
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| For the past two decades or so, some experts have warned that generational warfare will explode as the Boomers, Xers, and Millennials fight over a limited pool of resources. But we don"t see it that way. |
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