Archive for March 1990

Increased savings will hike capital

An increased savings rate is one reason why we’ll see a major global economic boom in this decade. Savings fuel investment. Investment creates growth and opportunities. Politicians in Washington are giving more attention to stimulating savings and investment. The battle between President Bush and congressional Democrats over reinstating a tax exemption for capital gains is…

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The coming global boom

The idea is spreading that we are on the edge of another major global expansion. This is the view of a minority, but it’s a growing minority. It includes highly respected economists, business leaders and other observers who refuse to get mired in short-term debates about when the next recession will come. Victor Kiam, the…

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