The Next Great Bubble Boom (Hardcover)

"Nobody called the 90s boom and bubble like Harry Dent and now he is calling for another unexpected bull market. All investors should take notice." David Bach, New York Times best selling author of The Automatic Millionaire

Harry S. Dent, Jr. became renown for forecasting the great bull market and economic progress of the 1990s in late 1992 in The Great Boom Ahead. His innovative economic concepts explain in common sense terms how the spending and productivity cycles of new generations drive economic booms, and then every other generation the explosion of new technologies like autos and computers into the mainstream of our economy creates a bubble boom like this one. Dent shows how these cycles are highly predictable. Since 1988 he has forecasted that this unprecedented boom would continue into 2008 or 2009. He has not changed his forecasts and the recent stock market crash creates what he calls the "Investment Opportunity of a Lifetime".

In this book,  Dent shows how the "tech wreck" and stock crash of 2000 - 2002 was a natural stage in the rapid emergence of new technologies much like the crash of 1919 - 1921 following a tech bubble, which then saw the dramatic "Roaring 20s" bull market and the final bubble of the last economic revolution. He forecasts one more great bubble ahead and the highest returns in history for investors and businesses just when economic experts are predicting a slower economy and modest investment returns at best ahead. But he also forecasts an even greater and more enduring bust after 2009 when the massive baby boom generation will have finished their spending cycle and the tech revolution will have fully penetrated this cycle of growth.

Dent shows how the technological advances of recent times will create "The Millionaire Economy" over many decades to come just as we saw the most dramatic gains in average incomes after the 1930s crash in the last economy. Ultimately even everyday people will have incomes and a net worth closer to the affluent sectors today. Dent shows affluent and everyday people how to profit from the last great bull market in our lifetimes and how to prepare for and even thrive in the crash to follow. As in his past books, he extends his recommendations into life and business strategies, including where you should be living when economic conditions get worse and terrorist risks rise more dramatically, and how to give back to society in your later years when the needs for philanthropy will be the greatest. He even examines the ultimate question: What comes after success and self-actualization!