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With incisive critical ana lysis and historical examples, "The
Great Crash Ahead "lays bare the traditional assumptions of
economics, outlining why the next financial crash and crisis is
inevitable, and just around the corner-- coming between mid-2012
and early 2015. Widely respected in the financial world for his
accurate forecasts, Harry S. Dent, Jr., shows that the government
doesn't drive our economy, consumers and businesses do; that the
Fed does not create most of the money in our economy, the private
banking system does. This necessary and illuminating book gives
very clear strategies for prospering in the challenging decade
ahead . . . a world turned upside down.
The book that predicts America's greatest era of prosperity, by one
of the country's most astute prophets of economic trends. "A
must-read book! The upbeat message and breakthrough tools
individuals and businesses need to get our economy moving
again".--Ken Blanchard. Charts throughout.
After the Roaring '20s came the Great Depression. After the Roaring
2000s came the Great Recession. We're now entering the winter
season of the 80-Year Four Season Economic Cycle. It's during this
season that we'll clear the decks with a devastating crash and
debilitating deflation. The economy and markets will shed the
excesses created during the preceding fall bubble boom season and
prepare the soil for new blossoming in innovation and a spring
boom. After the blustering bull market of 2009-2015, we are now
preparing for a shakeout more painful than anything we've seen
before. We have eight years of unprecedented government stimulus
and money creation to thank for stretching this bubble beyond
imagination and making the burst more painful than anything we've
ever experienced. There's no better guide to financial cycles than
Harry S. Dent Jr., the bestselling author of The Demographic Cliff
and many other books, and the editor of the Boom & Bust
newsletter. For more than 30 years he has earned a reputation for
eerily accurate predictions about the world economy and the
financial markets. Now Dent has an urgent new warning about the
next crisis. The consequences will be devastating--but there's a
bright side that he's calling "the sale of a lifetime." For anyone
who heeds the signs and follows Dent's advice, the looming
correction is a once-in-a-century opportunity to gather immense
wealth. In this pressing book, you'll learn not only why a collapse
is imminent, but how to identify bubbles and tune in to the cycles
driving that drive booms and busts. Practical, accessible, and
illuminating, The Sale of a Lifetime will protect you from the
tough challenges ahead and help you cash in on the unique
opportunities of the next few years. At stake is nothing less than
your entire financial future.
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