The Coming Generational Storm

What You Need to Know about America’s Economic Future

In 2030, as 77 million baby boomers hobble into old age, walkers will outnumber strollers; there will be twice as many retirees as there are today but only 18 percent more workers. How will America handle this demographic overload? How will Social Security and Medicare function with fewer working taxpayers to support these programs? According to Laurence Kotlikoff and Scott Burns, if our government continues on the course it has set, we’ll see skyrocketing tax rates, drastically lower retirement and health benefits, high inflation, a rapidly depreciating dollar, unemployment, and political instability. The government has lost its compass, say Kotlikoff and Burns, and the current administration is heading straight into the coming generational storm. Read More

The Life Cycles of Empires: Lessons for America Today?

The German philosopher Hegel (1770-1831) knew that just because men and women learned about the past, that didn’t mean they’d make better decisions about the future. He once cynically commented, “What experience and history teach us is this—that people and governments never have learned anything from history, or acted on principles deduced from it.” Read More

global school rankings

http://www.bbc.com/news/business-32608772

Countries ranked on maths and science
1. Singapore
2. Hong Kong
3. South Korea
4. Japan (joint)
4. Taiwan (joint)
6. Finland
7. Estonia
8. Switzerland
9. Netherlands
10. Canada
11. Poland
12. Vietnam
13. Germany
14. Australia
15. Ireland
16. Belgium
17. New Zealand
18. Slovenia
19. Austria
20. United Kingdom
21. Czech Republic
22. Denmark
23. France
24. Latvia
25. Norway
26. Luxembourg
27. Spain
28. Italy (joint)
28. United States (joint)
30. Portugal
31. Lithuania
32. Hungary
33. Iceland
34. Russia
35. Sweden
36. Croatia
37. Slovak Republic
38. Ukraine
39. Israel
40. Greece
41. Turkey
42. Serbia
43. Bulgaria
44. Romania
45. UAE
46. Cyprus
47. Thailand
48. Chile
49. Kazakhstan
50. Armenia
51. Iran
52. Malaysia
53. Costa Rica
54. Mexico
55. Uruguay
56. Montenegro
57. Bahrain
58. Lebanon
59. Georgia
60. Brazil
61. Jordan
62. Argentina
63. Albania
64. Tunisia
65. Macedonia
66. Saudi Arabia
67. Colombia
68. Qatar
69. Indonesia
70. Botswana
71. Peru
72. Oman
73. Morocco
74. Honduras
75. South Africa
76. Ghana