Publisher Description
Harry Dent has been predicting for some time that we are about to enter a prolonged downturn, one that will be looked at by historians as a classic economic depression, due to demographic factors---one of the largest generations in history---the Baby Boomers---are leaving the workplace, either due to planned retirement or involuntarily (due to layoffs or not being able to find work), which will have a profound impact on all sectors of our economy. This economic downturn could have been swifter and the pain much less, had the Fed allowed it to happen naturally. However, due to several rounds of Quantitative Easing, essentially pumping "free money" into the economy, the Fed has not only delayed the inevitable, but they have ensured that the downturn will be much longer and much more severe than it could have been. Harry Dent believes that the Fed can no longer keep the bubble from popping much longer---and when it does pop---every individual will need to be prepared for a period he calls an "economic winter." In this program, you'll learn the personal and business strategies that will be essential to protect and preserve your assets, and the few areas of the economy which will still do well during this winter period. This is essential listening for every American citizen.
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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.