The Great Depression Ahead, by Harry S. Dent, Jr.

How to Prosper in the Crash Following the Greatest Boom in History!

Harry Dent has been one of the biggest "bulls" around since the 1980's; predicting the longest bull stock market run accurately for the past 20 years or so. I remember having his first book, The Roaring 2000's sitting next to my chair in the living room for years- it was that riveting!
Like a road map to the future...

You could just tell it was based on well-thought out reasoning about demographics, the science that tells you what people will be doing, predictably, at various ages... which then tells you further what the economy as a whole will be doing when the bulk of a population is at any given age.

Ah, we were once young, the baby boomers and myself, and innovative, and energetic, and hard-working... but, alas, now we are on the cusp of old age, and eventually (if we read this book and save ourselves financially), we will retire, en masse!

We gave the world, and the U.S. in particular, a great long run- probably the greatest sustained bull run in the economy of any nation, ever! And now, we will give the world the greatest depression, well, maybe not ever, but bad enough. Sorry about that, but we are only following our demographic destiny.

At any rate, I would get this book if I were you! We are (probably) only getting one more short, bull run in our stock market- Obama's huge, FDR-like stimulus plan will get things going for one last hurrah- but then, in late 2009, after you've cashed out your stocks and bonds, and are sitting on a pile of money market money...

You can open Dent's latest book, and peruse your latest "road map to the future"!

11000-12000 on the DOW, and then GET OUT! Harry Dent SAYS SO!!

I have been following Harry S. Dent for a LONG time- he is amazing, in his long-term demographics based forecasts- and I mean !

He has been saying for DECADES that, in late 2009, GET OUT of the stock market...

Lately, I heard him interviewed on a Podcast.

He stated that "What is occurring now is an "appetizer" , anticipating what will happen in the future...

I hate to say this, but I BELIEVE HIM!!

This has nothing to do with politics, or anything, other than sheer demographics- the determination of people, at certain ages, to do predictable things.

And now, the BABY BOOMERS, the biggest group of humans in history, (in America, at least), are set to retire, and contract their spending DRAMATICALLY.

The results are very predictable:

Hugely reduced spending. (The kids are through college, and mortgage is paid)

Hugely reduced earning. (Retirement pensions)

Hugely reduced American ECONOMY! (Baby boomers crapped out!!)

Harry says that, at least by 2010 GET OUT of the stock market! Go money market.
THEN, after 10 years or so of DEPRESSION, you can invest again in the emerging markets, specifically INDIA.

But, the bottom line is this:

Between 2010 and 2012- GET OUT OF STOCKS!! Put your money in a money market fund, or in a jar in your yard. REALLY!!

Just 10 years will be sufficient to weather the depression...

Then, invest in ....

INDIA.

And other Asian countries.

The US will still be around, and fine, but we will be...second tier, kind of like Euro's are now...

Sorry! We did set the stage for Greco/Latin/Germanic culture to take over and transform the WORLD!

And so, we should take comfort from that: The Asians will take over: but it will be by "copying" us, and taking our culture as their own!

(Just as WE took over the ancient cultures of Greece and Rome! By Copying...)


Feel better?


Jay