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Economic Tsunami Predicted to Hit United States Economic Tsunami predicted when leading edge of baby boomers start to retire. (PRWEB) January 15, 2005 -- In the next few years, a Tsunami will hit the US economy. This wave of destruction will crash the stock market, real estate, Social Security and Medicare. As the generational wave starts to retire, the ratio of buyers to sellers in the stock market will fall. This historical change will bring the market down. Real estate will be affected by a rising flood of homes on the market, as their retired owners die. Social Security and Medicare will be hit by a massive wave of elderly people.
A new book, :The Next Crash: by Peter Simmons, tells you when, where and how these crashes will happen. The Next Crash is a survival manual for the 21st century.
About Peter Simmons An exciting, insightful speaker, Peter Simmons is a consultant whose clients have included DELL, IBM, Lockheed Martin and other Fortune 1000 companies. After becoming a Hughes Fellow, Mr. Simmons focused his energies on understanding the impact of demographic changes on our economy, social life and political system. He received a Masters Degree from the University of Southern California, and lives near Austin Texas.
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