Now Available: Harry Dent’s New Book The Great Depression Ahead: How to Prosper in the Crash that Follows the Greatest Boom in History
Are You Prepared for the Great Depression Ahead? For two decades, Harry Dent has been making uncannily accurate predictions. Read this book to get a glimpse into the future.
On the basis of predictable demographic and technology cycles, Harry Dent has forecast since the late 1980s that the economic boom would be greater than previously thought and would last until the end of the current decade. Dent has been one of the most bullish forecasters for decades, standing virtually alone in forecasting the great bull market of the 1990s in his book The Great Boom Ahead (1992). Now he is calling for an end to this great bubble boom, after revising his forecasts downward for U.S. stocks in 2006 as a result of the increasingly adverse geopolitical cycle and rising oil/commodity prices. In all of his past books since 1989, Dent saw an end to the Baby Boom spending cycle around the end of this decade.
In his new book, The Great Depression Ahead, (Free Press, 2009), Harry Dent outlines how this next great downturn is likely to unfold in three stages, with an interim boom stage between 2012 and 2017 before the long-term slowdown finally turns into the next global boom in the early 2020s. India, not China, will dominate in this next global boom and the U.S. will outpace Europe. Dent shows which countries will have stronger growth trends during the downturn as well. More important, he shows how the economy’s life cycle will affect life, business, and investment strategies throughout a person’s lifetime, including career opportunities and children’s educational costs. No other time period is as likely to affect your wealth and well-being as the period from late 2009 into late 2012—especially late 2009 to mid 2011.