Sunday, July 14, 2013
Harry Dent 2014 Predictions ~ The Great Depression Ahead
For Beyond 50's "Finance" talks, listen to Harry S. Dent. He is a renowned economic forecaster with an uncanny success at predicting economic trends over the last 30 years. He recognizes that our economy goes through 39 - 40 year peak cycles: 1929, 1968, and now somewhere in 2008 - 2009. These are mostly by generational (population) peaks in spending. The Baby Boomer spending peak is coming to an end! Tune in to Beyond 50 Radio: America's Talk Show for Baby Boomers that promotes the active and healthy lifestyle for those in midlife.
Harry S Dent is a financial newsletter writer and author , who is also the founder of HS Dent Investment Management, an investment firm based in Tampa, Florida. Mr. Dent's latest book is The Great Crash Ahead. Other books include The Great Depression Ahead and The Next Great Bubble Boom.
It's a bit deceptive to title this a "2014 predictions". It must have been recorded around 2011. You would not have had more digital dollars in your accounts if you had gone to cash or bonds. Being out of the Dow Jones would have been a great mistake. He's accurate about Real Estate though. But the dollar has not gone down, and in fact, it is likely to strengthen over 2014 and longer, as there is no other place to park large amounts of cash from disintegrating Europe and S. America. Anyway, good luck to everyone.
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