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

Condition: BRAND NEW
ISBN: 9781416588993
Author(s): Harry S. Dent
Format: Paperback
Year: 2010
Publisher: Free Press
Dimensions: 137 x 211 x 28 (w x l x h)
Pages: 387

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Description:
The first and last economic depression that you will experience in your lifetime is just ahead. The year 2009 will be the beginning of the next long-term winter season and the initial end of prosperity in almost every market, ushering in a downturn like most of us have not experienced before. Are you aware that we have seen long-term peaks in our stock market and economy very close to every 40 years due to generational spending trends: as in 1929, 1968, and next around 2009? Are you aware that oil and commodity prices have peaked nearly every 30 years, as in 1920, 1951, 1980 — and next likely around late 2009 to mid-2010? The three massive bubbles that have been booming for the last few decades — stocks, real estate, and commodities — have all reached their peak and are deflating simultaneously.

Bestselling author and renowned economic forecaster Harry S. Dent, Jr., has observed these trends for decades. As he first demonstrated in his bestselling "The Great Boom Ahead," he has developed analytical techniques that allow him to predict the impact they will have. "The Great Depression Ahead" explains "The Perfect Storm" as peak oil prices collide with peaking generational spending trends by 2010, leading to a more severe downtrend for the global economy and individual investors alike.

He predicts the following:

The economy appears to recover from t
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