The Great Depression Ahead: How to Prosper in the Debt Crisis of 2010-2012

The Great Depression Ahead: How to Prosper in the Debt Crisis of 2010-2012

Paperback

By (author) Harry S Dent

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  • Publisher: SIMON & SCHUSTER
  • Format: Paperback | 387 pages
  • Dimensions: 137mm x 208mm x 30mm | 363g
  • Publication date: 29 December 2009
  • Publication City/Country: New York, NY
  • ISBN 10: 141658899X
  • ISBN 13: 9781416588993
  • Edition: Revised
  • Edition statement: Revised, Updated
  • Illustrations note: black & white illustrations, figures
  • Sales rank: 110,260

Product description

Harry S. Dent predicted our current economic crisis, and he foresees still more to come. He predicts that we are headed further towards a major depression reminiscent of Japan's major recession more than a decade ago, from which their real estate market has yet to recover. With the current state of the stock market causing investors around the world to be nervous, and searching for answers, "The Great Depression Ahead" offers important advice to help readers not just survive, but prosper in the face of the crash. Dent has developed theories that have accurately predicted changes in the market. He is a frequent target of economists, yet with few exceptions, Dent has always been right about the market. With fully updated predictions and reflections on all that has happened since the hardcover came out in December of 2008, this is a book on the economic crisis that we can't afford not to read.

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Review quote

"Economists cannot forecast the economy very well, and most would admit it if their jobs didn't depend on the fiction that they can. So most economists become closet extrapolators, with some minor tweaking for visible pending developments and policy changes. Even I can see to the next corner pretty well, but I can't see around the corner. There is one exception, however. Demographics! Demography, as they say, is destiny. The reason is that you can see the future based on the facts of the present and demonstrated behavior. You can see the pig, or the pigs, going through the python. 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