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Book review: "The War for Wealth" by Gabor Steingart

Aug 3, 2008

If you follow the news at all (assuming you are human), you have probably thought a time or two about the economy in which you live. In the U.S., the economy has a feeling of bleakness for some, stagnation for others and, for all of the non-humans out there, a place to find bizarre fashion trends that come around multiple times (plaid shorts and poofy hair, for example).

Economist Gabor Steingart (sans the funny shorts and hair) explains the economy of globalization in "The War for Wealth," basically laying out the ways in which the new superpowers, China and India, are making their marks in the marketplace.

The book focuses a good deal on the history of not only these two countries, but in the history of the world as well. It's interesting to consider events occurring 100 years ago that still affect our lifestyles and choices today, but it is never more present than after investigating a multitude of countries in the early 1900s, during the World Wars and so forth.

If there's an important message to gain from the book, it's this: There are going to be changes. Will America remain the global leader? Will Japan, Europe, the Middle East and others help or hurt the monstrous countries of China and India? Which country will falter internally first? It's tough to tell, but 30 years from now, the pieces will look a little different.

But 30 years from now, that should give plaid shorts enough time to come back in style.

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