Worth A Trillion Dollars

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The Trillion Dollar Shift

Author : Marga Hoek
Publisher : Routledge
ISBN 13 : 1351107275
Total Pages : 421 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis The Trillion Dollar Shift by : Marga Hoek

Download or read book The Trillion Dollar Shift written by Marga Hoek and published by Routledge. This book was released on 2018-01-12 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 30 years, the world has seen great social improvements. Technology has been developing at an enormous pace and is helping to solve our most pressing social and environmental challenges. Yet, despite this success, our current model of development is still deeply problematic. Natural disasters triggered by climate change have doubled since the 1980s, violence and armed conflict now cost more than 13 percent of GDP, social inequality and youth unemployment is worsening around the world, and climate change threatens the global population with tremendous environmental as well as social problems. Using the United Nations Sustainable Development Goals as a framework, this book sets out how business and capital now have a real opportunity to help resolve these problems. With clear and plentiful examples and cases of how businesses are making a difference, relevant facts and figures to support the cases, and inspiring and instructional information on how businesses can create sustainable value, this highly readable book is a must-read for businesses (large and small) that wish to genuinely support the delivery of the SDGs. The Paris Climate Agreement and the Sustainable Development Goals (SDGs) drive change and offer a narrative and an opportunity to all to speak in one language on sustainability. They provide us with a clear set of targets for 2030. Through following the SDGs, opportunities abound for business and capital to unlock markets which offer endless potential for profit while at the same time working towards the Sustainable Development Goals. This book illustrates for business how to make the much-needed Trillion Dollar Shift.

How to Spend a Trillion Dollars

Author : Rowan Hooper
Publisher :
ISBN 13 : 9781788163453
Total Pages : 288 pages
Book Rating : 4.1/5 (634 download)

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Book Synopsis How to Spend a Trillion Dollars by : Rowan Hooper

Download or read book How to Spend a Trillion Dollars written by Rowan Hooper and published by . This book was released on 2021-01-14 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How to Spend a Trillion Dollars

Author : Rowan Hooper
Publisher : Profile Books
ISBN 13 : 1782836101
Total Pages : 241 pages
Book Rating : 4.7/5 (828 download)

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Book Synopsis How to Spend a Trillion Dollars by : Rowan Hooper

Download or read book How to Spend a Trillion Dollars written by Rowan Hooper and published by Profile Books. This book was released on 2021-01-14 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you had a trillion dollars and a year to spend it for the good of the world and the advancement of science, what would you do? It's an unimaginably large sum, yet it's only around one per cent of world GDP, and about the valuation of Google, Microsoft or Amazon. It's a much smaller sum than the world found to bail out its banks in 2008 or deal with Covid-19. But what could you achieve with $1 trillion? You could solve the problem of the pandemic, for one, and eradicate malaria, and maybe cure all disease. You could end global poverty. You could settle on the Moon and explore the solar system. You could build a massive particle collider to probe the nature of reality like never before. You could build quantum computers, develop artificial intelligence, or increase human lifespan. You could even create a new life form. Or how about transitioning the world to clean energy? Or preserving the rainforests, or saving all endangered species? Maybe you could refreeze the melting Arctic, launch a new sustainable agricultural revolution, and reverse climate change? How to Spend a Trillion Dollars is the ultimate thought experiment but it is also a call to arms: these are all things we could do, if we put our minds to it - and our money.

One Trillion Dollars

Author : Andreas Eschbach
Publisher : BASTEI LÜBBE
ISBN 13 : 3838753127
Total Pages : 746 pages
Book Rating : 4.8/5 (387 download)

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Book Synopsis One Trillion Dollars by : Andreas Eschbach

Download or read book One Trillion Dollars written by Andreas Eschbach and published by BASTEI LÜBBE. This book was released on 2014-08-15 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: What would you do if you were the richest person in the world overnight? Yesterday John Fontanelli was just a pizza delivery guy in New York City. One day later he’s the richest man in the world. One trillion dollars: $1,000,000,000,000! More money than anyone could imagine. For generations the Vacchis, an old Italian family of lawyers and asset managers, had supervised the fortune as it grew over five hundred years, until one particular date that the benefactor had stipulated in his will. The youngest male descendant would be fated to oversee the fortune for the good of humanity. John relishes his new life of luxury, rubbing elbows with royalty, buying up corporations, fielding a flood of beautiful women - until one day the phone rings, and a mysterious stranger tells the trillionaire that he knows what dirty secrets lie behind the fortune... Bestselling author Andreas Eschbach's »One Trillion Dollars« is a thriller that pits morality and choice against the lust for material goods - at any cost. This novel inspired the Paramount+ television series "One Billion Dollars".

Trillion Dollar Triage

Author : Nick Timiraos
Publisher : Hachette UK
ISBN 13 : 0316273074
Total Pages : 331 pages
Book Rating : 4.3/5 (162 download)

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Book Synopsis Trillion Dollar Triage by : Nick Timiraos

Download or read book Trillion Dollar Triage written by Nick Timiraos and published by Hachette UK. This book was released on 2022-03-01 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inside story, told with “insight, perspective, and stellar reporting,” of how an unassuming civil servant created trillions of dollars from thin air, combatted a public health crisis, and saved the American economy from a second Great Depression (Alan S. Blinder, former Vice Chair of the Federal Reserve). By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America’s workplaces—offices, shops, malls, and factories—shuttered. Many of the nation’s largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal’s chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country’s most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same.

The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now

Author : Russ Koesterich
Publisher : McGraw Hill Professional
ISBN 13 : 0071754040
Total Pages : 273 pages
Book Rating : 4.0/5 (717 download)

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Book Synopsis The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now by : Russ Koesterich

Download or read book The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now written by Russ Koesterich and published by McGraw Hill Professional. This book was released on 2011-04-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The next economic storm and how to prepare for it--from a top decision-maker at BlackRock An economic calamity is already looming on the horizon, and it's going hit the U.S. on a scale equal to the recent mortgage meltdown and liquidity crisis of 2008-2009. In February, President Obama announced that the 2010 budget deficit would surpass $1.5 trillion, an amount greater than the total debt of our nation in its first 200 years of its existence. And things only get worse from here: between 2010 and 2019, America will add one trillion of additional debt every year. In The Ten Trillion Dollar Gamble, Russ Koesterich, who manages over $100 billion for the world's largest money management company, offers compelling evidence supporting his prediction that the global economy is on the verge of more, even greater upheaval and provides his unique insight into: The structural weaknesses underlying the economic meltdown Why commodities will be so important in the next economic climate Likely ramifications to the real estate market The best stocks to buy and which ones to avoid Today's investing strategies will be rendered useless in the next storm's wake. Written by one of the most qualified people in the business, The Ten Trillion Dollar Gamble offers a plan for protecting your wealth and preserving the power of your savings. Table of Contents Chapter 1. Why Worry About the Deficit? Chapter 2. Why the Deficit Will matter to You Chapter 3. What to Watch Chapter 4. How to Manage Your Cash and Debts Chapter 5. Investing in Bonds in a Rising Rate Environment Chapter 6. Stocks to Buy and Avoid Chapter 7. Why You May Need Commodities Chapter 8. What to do with Real Estate Chapter 9. Putting it All Together Chapter 10. Conclusion: Can We avoid the budget debacle?

Worth a Trillion Dollars

Author : Donna Kay Kakonge
Publisher : Lulu.com
ISBN 13 : 1794783830
Total Pages : 300 pages
Book Rating : 4.7/5 (947 download)

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Book Synopsis Worth a Trillion Dollars by : Donna Kay Kakonge

Download or read book Worth a Trillion Dollars written by Donna Kay Kakonge and published by Lulu.com. This book was released on 2019-12-03 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: PRAISE FOR THREE QUARTERS Donna Kakonge's new collection of creative non-fiction shows humanity at its best and worst, whether she is depicting malevolent teen boys and girls in the heartless school environs of Cosburn Public School or the quirky loveable family members in St. Vincent. In every story, Donna does not waver from her fearless storytelling in which the truth is told at any cost. What results are stories that will make you both laugh and cry? Kakonge's stories never disappoint. - Laura Lush, Governor General's nominee

The $10 Trillion Prize

Author : Michael J. Silverstein
Publisher : Harvard Business Press
ISBN 13 : 1422187063
Total Pages : 320 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis The $10 Trillion Prize by : Michael J. Silverstein

Download or read book The $10 Trillion Prize written by Michael J. Silverstein and published by Harvard Business Press. This book was released on 2012-09-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meet your new global consumer You’ve heard of the burgeoning consumer markets in China and India that are driving the world economy. But do you know enough about these new consumers to convert them into customers? Do you know that: • There will be nearly one billion middle-class consumers in China and India within the next ten years? • More than 135 million Chinese and Indians will graduate from college in this timeframe, compared to just 30 million in the United States? • By 2020, 68 percent of Chinese households and 57 percent of Indian households will be in the middle and upper classes? • The number of billionaires in China has grown from 1 to 115 in the past decade alone? In The $10 Trillion Prize, bestselling author Michael J. Silverstein and his The Boston Consulting Group colleagues in China and India provide the first comprehensive profile of the emerging middle class, primed to transform the global marketplace. Already the world’s biggest buyers of cars, mobile phones, appliances, and more, these consumers are eager for more products and services. In fact, it’s estimated that by 2020, consumers in China and India will generate about $10 trillion of total annual revenue for companies selling to them. This book explains who these consumers are—what they buy and why, how they think and shop, and how their needs and tastes are changing. It takes you into their lives so you can better understand what they want and what they’re looking for. Only by fully comprehending the forces driving this new generation of consumers will your company be able to capitalize on the opportunities their buying power represents. Insightful and backed by rigorous research, this book takes you inside the hearts and minds of today’s emerging Chinese and Indian consumers—both urban and rural, and across all income levels—positioning your company to win as the next wave of global affluence reaches the marketplace.

Trillion Dollar Bitcoin

Author : Satoshi Nakamoto
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Trillion Dollar Bitcoin by : Satoshi Nakamoto

Download or read book Trillion Dollar Bitcoin written by Satoshi Nakamoto and published by . This book was released on 2020-05-02 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hi.This is Satoshi.We're in the middle of a pandemic and more debt is being created across the world at any point in history. We're on the cusp of a financial crisis that could lead to Bitcoin being worth over a trillion dollars. It's also the halving in just a few days. Here's the case for Trillion Dollar Bitcoin.The paperback of this book will be limited to just 50 copies. Get yours while supplies last.

Waste to Wealth

Author : Peter Lacy
Publisher : Springer
ISBN 13 : 1137530707
Total Pages : 265 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Waste to Wealth by : Peter Lacy

Download or read book Waste to Wealth written by Peter Lacy and published by Springer. This book was released on 2016-04-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Waste to Wealth proves that 'green' and 'growth' need not be binary alternatives. The book examines five new business models that provide circular growth from deploying sustainable resources to the sharing economy before setting out what business leaders need to do to implement the models successfully.

Money Well Spent?

Author : Michael Grabell
Publisher : PublicAffairs
ISBN 13 : 1610390105
Total Pages : 414 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Money Well Spent? by : Michael Grabell

Download or read book Money Well Spent? written by Michael Grabell and published by PublicAffairs. This book was released on 2012-01-31 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2012 presidential campaign will, above all else, be a referendum on the Obama administration's handling of the financial crisis, recalling the period when Obama's "audacity of hope" met the austerity of reality. Central to this is the ''American Recovery and Reinvestment Act of 2009'' -- the largest economic recovery plan in American history. Senator Mitch McConnell gave a taste of the enormity of the money committed: if you had spent 1 million a day since Jesus was born, it still would not add up to the price tag of the stimulus package. A nearly entirely partisan piece of legislation -- Democrats voted for it, Republicans against -- the story of how the bill was passed and, more importantly, how the money was spent and to what effect, is known barely at all. Stepping outside the political fray, ProPublica's Michael Grabell offers a perceptive, balanced, and dramatic story of what happened to the tax payers' money, pursuing the big question through behind-the-scenes interviews and on-the-ground reporting in more than a dozen states across the country.

Blueprint to a Billion

Author : David G. Thomson
Publisher : John Wiley & Sons
ISBN 13 : 0471747475
Total Pages : 288 pages
Book Rating : 4.4/5 (717 download)

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Book Synopsis Blueprint to a Billion by : David G. Thomson

Download or read book Blueprint to a Billion written by David G. Thomson and published by John Wiley & Sons. This book was released on 2005-12-07 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for BLUEPRINT TO A BILLION "A wonderful, well thought out analysis of entrepreneurship and leadership of a growth company." —Howard Lester, Chairman, Williams-Sonoma, Inc. "If you dream about growing your business to a billion, this is a fascinating down-to-earth study that you must read. Apply the seven essential principles to your business and you are off and running. Learn about strategy, growth, leadership, team building, and a whole lot more." —Joe Scarlett, Chairman of the Board, Tractor Supply Company "Blueprint to a Billion is a well-researched and thoughtfully written book that quantifies the growth pattern of America's highest growth companies." —Professor John Quelch, Senior Associate Dean, Harvard Business School "Eighty percent of the top-performing stocks in the last twenty years were small entrepreneurial companies that had an IPO in the prior eight years. Blueprint to a Billion tells you the seven key things these innovators did in common to become America's greatest growth companies." —William J. O'Neil, Chairman and Founder Investor's Business Daily, www.investors.com "Thomson has written a masterful work that will catalyze, empower, inspire, motivate, and illuminate entrepreneurs, investors, and policymakers. The world needs this book and will profit from it in manifold ways." —David M. Darst, Managing Director, Individual Investor Group Chief Investment Strategist, Morgan Stanley

How Money Walks - How $2 Trillion Moved Between the States, and Why It Matters

Author : Travis H. Brown
Publisher : How Money Walks
ISBN 13 : 0988740117
Total Pages : 153 pages
Book Rating : 4.9/5 (887 download)

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Book Synopsis How Money Walks - How $2 Trillion Moved Between the States, and Why It Matters by : Travis H. Brown

Download or read book How Money Walks - How $2 Trillion Moved Between the States, and Why It Matters written by Travis H. Brown and published by How Money Walks. This book was released on 2013 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1995 and 2010, millions of Americans moved between the states, taking with them over $2 trillion in adjusted gross incomes. Two trillion dollars is equivalent to the GDP of California, the ninth largest in the world. It’s a lot of money. Some states, like Florida, saw tremendous gains ($86.4 billion), while others, like New York, experienced massive losses ($58.6 billion). People moved, and they took their working wealth with them. The question is, why? Why did Americans move so much of their income from state to state? Which states benefitted and which states suffered? And why does it matter? Using official statistics from the IRS, How Money Walks explores the hows, whys, and impact of this massive movement of American working wealth. Consider these facts. Between 1995 and 2010: The nine states with no personal income taxes gained $146.2 billion in working wealth The nine states with the highest personal income tax rates lost $107.4 billion The 10 states with the lowest per capita state-local tax burdens gained $69.9 billion The 10 states with the highest per capita state-local tax burdens lost $139 billion Money—and people—moved from high-tax states to low-tax ones. And the tax that seemed to matter the most? The personal income tax. The states with no income taxes gained the greatest wealth, while the states with the highest income taxes lost the most. Why does this matter? Because the robust presence of working wealth is the leading indicator of economic health. The states that gained working wealth are growing and thriving. The states that lost working wealth lost their most precious cargo—their tax base—and the consequences are dire: stagnation, deterioration, an economic death spiral as they continue to raise taxes and lose people, businesses, and working wealth. The numbers don't lie. ___________________ “When I read How Money Walks, I thought, ‘It’s about time.’ Finally, we have a book that addresses one of our nation’s most critical (yet rarely discussed) fiscal issues: the migration of working wealth as a direct result of personal income tax rates. Brown’s book paints a clear portrait of where money goes and why. How Money Walks should be required reading for anyone who wants to understand why some states struggle to retain people and businesses while others welcome billions of new dollars each year.” Dr. Arthur Laffer Founder and chairman, Laffer Associates and Laffer Investments Former economic advisor to President Ronald Reagan

After Steve

Author : Tripp Mickle
Publisher : HarperCollins
ISBN 13 : 0063009838
Total Pages : 550 pages
Book Rating : 4.0/5 (63 download)

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Book Synopsis After Steve by : Tripp Mickle

Download or read book After Steve written by Tripp Mickle and published by HarperCollins. This book was released on 2022-05-03 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the New York Times' Tripp Mickle, the dramatic, untold story inside Apple after the passing of Steve Jobs by following his top lieutenants—Jony Ive, the Chief Design Officer, and Tim Cook, the COO-turned-CEO—and how the fading of the former and the rise of the latter led to Apple losing its soul. Steve Jobs called Jony Ive his “spiritual partner at Apple.” The London-born genius was the second-most powerful person at Apple and the creative force who most embodies Jobs’s spirit, the man who designed the products adopted by hundreds of millions the world over: the iPod, iPad, MacBook Air, the iMac G3, and the iPhone. In the wake of his close collaborator’s death, the chief designer wrestled with grief and initially threw himself into his work designing the new Apple headquarters and the Watch before losing his motivation in a company increasingly devoted more to margins than to inspiration. In many ways, Cook was Ive’s opposite. The product of a small Alabama town, he had risen through the ranks from the supply side of the company. His gift was not the creation of new products. Instead, he had invented countless ways to maximize a margin, squeezing some suppliers, persuading others to build factories the size of cities to churn out more units. He considered inventory evil. He knew how to make subordinates sweat with withering questions. Jobs selected Cook as his successor, and Cook oversaw a period of tremendous revenue growth that has lifted Apple’s valuation to $2 trillion. He built a commanding business in China and rapidly distinguished himself as a master politician who could forge global alliances and send the world’s stock market into freefall with a single sentence. Author Tripp Mickle spoke with more than 200 current and former Apple executives, as well as figures key to this period of Apple’s history, including Trump administration officials and fashion luminaries such as Anna Wintour while writing After Steve. His research shows the company’s success came at a cost. Apple lost its innovative spirit and has not designed a new category of device in years. Ive’s departure in 2019 marked a culmination in Apple’s shift from a company of innovation to one of operational excellence, and the price is a company that has lost its soul.

The Trillion-Dollar Conspiracy

Author : Jim Marrs
Publisher : Harper Collins
ISBN 13 : 0061970697
Total Pages : 498 pages
Book Rating : 4.0/5 (619 download)

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Book Synopsis The Trillion-Dollar Conspiracy by : Jim Marrs

Download or read book The Trillion-Dollar Conspiracy written by Jim Marrs and published by Harper Collins. This book was released on 2011-07-05 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's economy is in shambles . . . Its citizens are terrified and dissatisfied . . . Could it all have been planned by a secret elite one hundred years ago? The New World Order. Hitler referred to it in his diaries. President George H. W. Bush foretold of it in his speeches. Formed by a secretive global elite, the group seeking this new order has taken hold of the nation—and perhaps the world. Its influence pervades every aspect of American society, from the products we buy at the grocery store to the topics of evening news programs. But could it also be true that the New World Order caused one of the greatest financial catastrophes of our time? Bestselling author and legendary conspiracy researcher Jim Marrs has yet again exposed information that the mainstream corporate media has refused to report, unearthing the lies to expose the insidious alliances that make up a secret world. In the explosive The Trillion-Dollar Conspiracy, Marrs digs beneath the media noise surrounding the financial bailouts of 2008 and 2009 while exploring the back rooms and shadowy deals of our nation’s past to craft a frightening history that no one else is brave enough to tell.

Billion Dollar Loser

Author : Reeves Wiedeman
Publisher : Little, Brown
ISBN 13 : 0316461342
Total Pages : 304 pages
Book Rating : 4.3/5 (164 download)

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Book Synopsis Billion Dollar Loser by : Reeves Wiedeman

Download or read book Billion Dollar Loser written by Reeves Wiedeman and published by Little, Brown. This book was released on 2020-10-20 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Wall Street Journal Business Bestseller: This "vivid" inside story of WeWork and its CEO tells the remarkable saga of one of the most audacious, and improbable, rises and falls in American business history (Ken Auletta). Christened a potential savior of Silicon Valley's startup culture, Adam Neumann was set to take WeWork, his office share company disrupting the commercial real estate market, public, cash out on the company's forty-seven billion dollar valuation, and break the string of major startups unable to deliver to shareholders. But as employees knew, and investors soon found out, WeWork's capital was built on promises that the company was more than a real estate purveyor, that in fact it was a transformational technology company. Veteran journalist Reeves Weideman dives deep into WeWork and it CEO's astronomical rise, from the marijuana and tequila-filled board rooms to cult-like company summer camps and consciousness-raising with Anthony Kiedis. Billion Dollar Loser is a character-driven business narrative that captures, through the fascinating psyche of a billionaire founder and his wife and co-founder, the slippery state of global capitalism. A Wall Street Journal Business Bestseller “Vivid, carefully reported drama that readers will gulp down as if it were a fast-paced novel” (Ken Auletta)

Three Billion New Capitalists

Author : Clyde V Prestowitz
Publisher : Basic Books
ISBN 13 : 0465004768
Total Pages : 338 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Three Billion New Capitalists by : Clyde V Prestowitz

Download or read book Three Billion New Capitalists written by Clyde V Prestowitz and published by Basic Books. This book was released on 2007-03-22 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the beginning of this century it was already commonplace to speak of the U.S. as a "hyperpower," to talk of its military, political, and economic clout as unprecedented in world history, and to assume that American dominance would continue at least throughout our lifetimes. It is conventional wisdom that America will have no serious rivals for at least a generation. But the American position is far more fragile and ephemeral than much of the world believes. Clyde Prestowitz shows the powerful yet barely visible trends that are threatening to end the six-hundred-year run of Western domination of the world. The trends include America's increasingly unsustainable trade deficits; the equally unsustainable (and dangerous) buildup of massive dollar reserves in places like Japan and China; the end of America's position as the world's premier center for invention and technological innovation; the sudden entrance of 2.5 billion people in India and China into the world's skilled job market; the role of the World Wide Web in permitting many formerly localized jobs to be done anywhere in the world; and the demographic meltdown of Europe, Japan, Russia, and, in later decades, even China.Three Billion New Capitalists is a clear-eyed and profoundly unsettling look at America's and the world's economic future, from an author with a history of predicting the important trends long before they become apparent to others.