Contrary to the projections (and reality) of China taking over as the world's largest economy in 2010, Chang's book predicted institutional chaos in the few years after 2001 beginning with its admission to the World Trade Organization. Lifting trade barriers would leave China open to foreign competition that it simply couldn't handle, insisted Chang. With economic instability, the communist regime would be toppled by millions of resentful peasants, and by 2006, there would be complete governmental collapse. Reviewers trashed the book, questioning Chang's knowledge of his home country in the process.

From the readers:
Chang's book is littered with odd inaccuracies and unfairly negative interpretations that left me questioning the merits of his bigger arguments. On the lesser side, for example, he incorrectly identifies pop singer A Mei as "Ah Mei" and describes internationally renowned architect I.M. Pei as born in Guangzhou. Pei himself says (in a June 2004 interview in Architectural Record) that he was born in Suzhou. Chang twice describes the White Swan Hotel in Guangzhou as "aging" and once as "dingy" -- it is no such there (I was there in 2002, 2003, and 2004). He claims the Chinese government Westerners stay if they are adopting Chinese babies from Guangzhou -- wrong on both counts. The babies come from all over China, and the adoptive parents stay at the White Swan because it is a five minute walk from the American Consulate where they will pick up their infants' American travel visas. More disturbing, he disparages Western companies' first mover advantage as nonexistent while ignoring the experiences of KFC, Coke, Pepsi, Nike, Polo, Budweiser, P&G's Crest and Pampers brands, Nestle, and VW. Chang inappropriately equates China's 40% national savings rate as a vote of no confidence in the government, ignoring the lessons of decades, if not centuries of historical experience and upheavals as well as cultural tradition. He also manages to describe Internet usage in China as "hobbed" even as it grew from October 1997 to December 2003 at a compound rate of 100% per year! -- Steve Koss (7/28/2005)

Before Dow 36,000, there was Dow 100,000. The 1999 title almost makes Glassman and Hassett appear prophetic. Inside, Kadlec declares that the world is entering a new era -- "an historic moment, the beginning of a Great Prosperity -- a decade or more of above average economic growth."

The author asserts that the Dow (which has never surpassed 15,000) would reach 30,000 points by 2010 and 100,000 by 2020!!
Never one to toot his own horn, Kadlec reveals that his predictions even surprise himself. Unlike Glassman and Hassett, Kadlec doesn't rely so much on the belief that stocks are undervalued, as much as he believes that the U.S. is going through its greatest period ever. The Cold War is over, technology is booming, and the aging population are all recipes for the chips in Kadlec's bull basket.

From the readers:
The correct title for Kadlec's supply-side nonsense is "Dow 100,000: Fiction." The introduction to this book also contains the wild prediction made by Acampora that the Dow would reach 18,500 by 2006, as well as the unsupported claim by Ibbotson that the Dow would reach 120,000 by 2025. Many copies of this book of fiction now sell for a penny. Even at a penny it is overpriced. -- Michael Emmett Brady (9/6/2005)

To be perfectly honest, the background on Dow 30,000 by 2008: Why It's Different This Time is a little shady. The author, Bob Zucarro, was once a respected analyst whose Grand Prix mutual fund achieved triple-digit returns in 1998 and 1999. Then it seems, it all went downhill. Today, his first fund -- Target Investments -- is out of business. Grand Prix delivered a mere 6.18% return in 2012 and performed below the Morningstar Moderate Target Risk.
Like Glassman, Hassett, and Kadlec, Zucarro was once rabidly optimistic about the stock market, predicting that the Dow Jones Industrial Average would surpass 30,000 when in reality, it was at its weakest point in modern history. Out of its 20 ratings on Amazon, 15 users gave it one star.