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Iceberg ahead

Iceberg ahead Purpose – The purpose of this paper is to discuss the retirement of the Baby Boom generation and the fiscal crisis that almost certainly will accompany it. Design/methodology/approach – Opinion column. Findings – This column lays out the reasons why the current fiscal situation is unsustainable and why the retirement of the Baby Boomers will cause economic dislocation for the entire economy, shaping strategic choices for many business decision‐makers. Originality/value – Advance warning about a serious issue that will cast a shadow on the entire strategic business environment for the next few decades. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Business Strategy Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © 2009 Emerald Group Publishing Limited. All rights reserved.
ISSN
0275-6668
DOI
10.1108/02756660910926975
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to discuss the retirement of the Baby Boom generation and the fiscal crisis that almost certainly will accompany it. Design/methodology/approach – Opinion column. Findings – This column lays out the reasons why the current fiscal situation is unsustainable and why the retirement of the Baby Boomers will cause economic dislocation for the entire economy, shaping strategic choices for many business decision‐makers. Originality/value – Advance warning about a serious issue that will cast a shadow on the entire strategic business environment for the next few decades.

Journal

Journal of Business StrategyEmerald Publishing

Published: Jan 2, 2009

Keywords: Baby boomer generation; Liabilities; National debt

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