The Great Depression Ahead

Fülszöveg

The government and economists are dead wrong about a recovery in 2010 due to the peaking of the massive baby boom spending cycle and the deleveraging of the greatest credit and real estate bubble in history. Harry Dent predicted in the first edition of this book that we would first see a major downturn into 2009 and then a strong stimulus program that would ignite a temporary recovery and a rally in stocks that would peak by late 2009 or now by early 2010. He now sees:
• Stocks crashing and the recovery failing by the summer of 2010 •
• The U.S. dollar rising, not collapsing, in 2010, as mostforecast •
• Real estate falling further from mid-2010 into early 2013 •
• Deflation from asset and credit deleveraging, not inflation, ahead
• Sell investments, cash, and good credit will be key to prospering <
"While being one of the most bullish and accurate forecasters for twenty years, Dent has always been warning that this great boom would end around 2008-2009. He now sees a bigger... Tovább

Fülszöveg

The government and economists are dead wrong about a recovery in 2010 due to the peaking of the massive baby boom spending cycle and the deleveraging of the greatest credit and real estate bubble in history. Harry Dent predicted in the first edition of this book that we would first see a major downturn into 2009 and then a strong stimulus program that would ignite a temporary recovery and a rally in stocks that would peak by late 2009 or now by early 2010. He now sees:
• Stocks crashing and the recovery failing by the summer of 2010 •
• The U.S. dollar rising, not collapsing, in 2010, as mostforecast •
• Real estate falling further from mid-2010 into early 2013 •
• Deflation from asset and credit deleveraging, not inflation, ahead
• Sell investments, cash, and good credit will be key to prospering <
"While being one of the most bullish and accurate forecasters for twenty years, Dent has always been warning that this great boom would end around 2008-2009. He now sees a bigger crash ahead and a deflationary environment that could ravage your portfolio. His warnings and predictions are well worth reading and taking seriously." —DavId Bach, #1 New York Times bestselllng author of Start Late, Finish Rich and The Automatic l\/lillionaire
"Harry Dent is the reigning expert in applying sophisticated demographic analysis to economic forecasting. His past record of getting it right speaks for itself. I hope he's wrong this time. I hope we don't have a great depression by 2010. But given his track record, I won't be betting
against him." —Robert D. McTeer, Distinguished Fellow, National Center for
Policy Analysis, and former president of the Federal Reserve Bank of Dallas
HARRYS. DENl JR. , is the president of the H.S. Dent Foundation, whose mission is "Helping People Understand Change." He is the founder of HS Dent, which publishes the HS Dent Forecast and oversees the HS Dent Financial Advisors Network. In his book The Great Boom Ahead, published in 1992, Mr. Dent stood virtually alone in accurately forecasting the unanticipated "boom" of the 1990s. A Harvard MBA, Fortune 100 consultant, new venture investor, and noted speaker, Mr. Dent is a highly respected figure in his field. Vissza