Publisher Description
Unprecedented debt levels, slowing demographic trends in spending, and deflation in prices (not inflation) will create a crisis much like the early 1930s. These are the three Ds—debt, demographics, and deflation—that people must understand in these increasingly volatile times to survive and prosper. The massive stimulus program will fail by late summer and create a greater banking crisis than we saw in late 2008.
Individuals and businesses that see this coming can prepare to prosper as the greatest sale on financial assets since the early 1930s creates unprecedented opportunities "out of the ashes." This crisis will paradoxically reduce our debt levels and cost of living, generating another mass prosperity boom as followed the Great Depression.
Harry S. Dent gives shorter term and longer term strategies for prospering during the debt crisis and the longer winter season into 2020/2023. Even the bearish forecasters like Peter Schiff will be wrong about major trends they are predicting, like a falling US dollar and rising gold prices. Individual investors will understand how to manage their stock portfolios, real estate investments, and cash accounts. This program is like a self-paced economics course foryourmoney that you can enjoy while you commute or work out. Business owners and investors will have a clear directive on how to thrive through a downturn.
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About Made for Success
Dianna Booher is an American author and communication expert. She is also the chief executive of Booher Research Institute, a Colleyville, Texas–based company that offers communication consulting, executive coaching, and publishing strategies for Fortune 500 organizations and nonprofit organizations. She is also the founder of Booher Consultants, a communication training firm, that has worked for Fortune 500 organizations and governmental agencies since 1980.
About Harry S. Dent
Harry S. Dent, Jr., is recognized as one of the most reliable economic and business trend forecasters of our time. He has been profiled and quoted in Fortune, Business Week, the Wall Street Journal, Investors Business Daily, and Entrepreneur and regularly appears on CNN, Fox, and CNBC. He is a Fortune 100 consultant, small business manager, new venture investor, and noted speaker and has a Harvard MBA. He stood virtually alone in forecasting the unanticipated boom of the 1990s in his book The Great Boom Ahead. He also predicted a downturn in the US that would start around 2008. In 1989, when Japan looked invincible, he forecasted that the Land of the Rising Sun was on the verge of a 12–14-year downturn, which followed in short order. He offers a refreshingly understandable view of how the economy works and suggests practical applications at all levels, uniquely using the science of demographics to identify changing trends and opportunities. He has proven that by using his approach to understanding the economy you can foresee the key economic trends that will impact your life, your business, and your investments over the rest of your life.