From the best-selling author of The Roaring 2000s and The Great Depression Ahead comes a work that looks forward, showing listeners how to weather the storm in this new economy that is going to get much worse in the years ahead.
In his most recent New York Times best-selling work, The Great Depression Ahead, Harry S. Dent predicted the debt crisis that would ensue in the wake of the government’s failed stimulus plan. In addition to offering prescriptions for the current crisis, in The Great Deflation Ahead Dent scrutinizes some of the most dearly held assumptions of economic theory and practice and offers prescriptions for the current crisis. With incisive critical analysis and historical examples, Dent lays bare how such constructs - for instance, the belief in a rational market or of the rational consumer - led to the formation of the great bubble that burst so spectacularly in the crash of 2008.
Dent’s investment advice sees no place to hide in what he calls this wintry economic season, but it’s not all doom and gloom; the only way out is preserving your capital and creating cash flow - avoiding the sort of high risk, high profit investment schemes that sunk the world economy - so that you can profit from “the greatest sale on financial assets of a lifetime.” The Great Deflation Ahead is a level headed, thoroughly reasoned message to show listeners how they can survive during this challenging period so that they can thrive when the economy slowly returns to normal.
"Dent brings more very convincing analysis on the unbearable debt that is weighing down the US and world economy. But more important, he brings the unique lens of demographics to show how the Fed's stimulus plan is doomed to fail with the rising savings and slowing spending of the massive Baby Boom generation. A must read book for prospering in the inevitable debt crisis ahead." (John Mauldin, 4 times New York Times best-selling author of Endgame and financial newsletter publisher of Thoughts from the Frontline and Outside the Box)
“I have watched Harry Dent's unique demographic approach to the economy and his forecasts for over 20 years. He has seen most of the key economic changes way ahead of most. In fact, he forecast the current economic crisis 20 years ago! He has spoken at many of my events around the world and has helped many prepare for the unprecedented economic challenges we are facing today. But perhaps the best thing about Harry is his very human, understandable and common sense approach to economics.” (Anthony Robbins, Entrepreneur, Author and Peak Performance Strategist)
“You can't accuse Harry Dent of being a wimpy thinker. His new book is full of confident analysis and bold predictions. Whether he will be right about all of it, who can say? But his core theme is fascinating and provocative; his book is a delight.” (William Bonner, President and CEO of Agora Inc.; author of Dice Have No Memory and Empire of Debt)
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Blinding Glimpse of the Obvious ("BGO")
Very interesting insight and analysis by Dent
- Da Crusher