Jun 5, 2017
Harry Dent, the bestselling author of The Sale of a Lifetime, sees tough times coming ahead. Dent predicts a major sell-off in global assets beginning in 2017 followed by the biggest commodity cycle in world history.
[00:40] Harry addresses his critics
[02:26] Why he thinks the market correction will begin in 2017
[07:04] Can activist central banking save the market?
[13:20] Trump is appealing to the All-Star Wrestling fans
[13:52] Japan has already gone off the cliff
[19:40] Economic pain is necessary in life
[21:04] Germany will not save Europe
[23:28] Why additional QE won’t work
[27:36] The next commodity boom will be the biggest in world history
About the guest
Harry S. Dent Jr. studied economics in college in the '70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes.
Since then, he's spoken to executives, financial advisors and investors around the world. He's appeared on "Good Morning America," PBS, CNBC and CNN/Fox News. He's been featured in Barron's, Investor's Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business's "America's Nightly Scorecard."
Harry has written numerous books over the years. In his book The Great Boom Ahead, published in 1992, he stood virtually alone in accurately forecasting the unanticipated boom of the 1990s. That same year he authored two consecutive best sellers: The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster).
In 2011, Harry published, The Great Crash Ahead, where he outlined how the next great crash is likely to unfold in the coming months. He explained why there is nothing the government can do to protect us as deflation takes hold of the economy.
In The Demographic Cliff (2014), Harry revealed why America is facing a "great deflation" after five years of desperate stimulus — and what investors need to do about it now.
In his most recent bestseller, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich (2016), Harry looks at the upcoming economic crisis and reveals how it could be the single greatest chance to build wealth we’ll ever see and how we can capitalize on such a unique and historical opportunity. He explains how many of the richest Americans in history have used this same kind of opportunity to quickly accumulate incredible amounts of money, in a short period of time.
Contact him via:
Twitter: @economymarkets and @HarryDentjr
About the host: Albert Lu is the President & CEO of Sprott US Media.
Contact him via:
Web at http://sprottmedia.com