Politics, Economics and Investments
Don's Thoughts
by
Book Details
About the Book
Don believed the economic and financial markets have missed the key event holding back world growth: globalization. Globalization unleashed over one billion consumers and workers with the fall of the Berlin wall in 1990. The subsequent decline in communism was an historical economic event which had both positive and negative elements. The most negative element for the developed world was the limits on growth which are thus limiting employment. As the developed world has tried to maintain its lifestyle, even with the slower growth, it has resorted to more and more debt. Many advanced countries are now approaching historically dangerous debt levels. The resolution of this struggle between developed and developing countries will prove whether globalization has been a positive or negative force.
About the Author
Don Kinzer spent most of his professional life in investments and financial management. He worked at Dominion Bankshares/First National Exchange and Shenandoah Life Insurance Company. He taught financial courses at Hollins University and Roanoke College. Don was an avid tennis player, a student of investment markets, and enjoyed a good Budweiser.