Keyword: harrydent
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Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December. Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble still has not burst, and it may be a bigger crash than the Great Recession. “In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve...
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“Since 2009, this has been 100% artificial, unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. This is off the charts, 100% artificial, which means we’re in a dangerous state,” Harry Dent told Fox News Digital. “I think 2024 is going to be the biggest single crash year we’ll see in our lifetimes.” “I’m the guy that’s praying for a crash while everybody else is not. We need to get back down to normal, and we need to send a message to central banks,” he continued. “This should be a lesson I don’t think we’ll ever...
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As the clock ticks closer to 2024, one outspoken economist is making a dire predication about the markets in the new year. "Since 2009, this has been 100% artificial, unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. This is off the charts, 100% artificial, which means we're in a dangerous state," Harry Dent told Fox News Digital. "I think 2024 is going to be the biggest single crash year we'll see in our lifetimes."
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In a recent, rare sighting, famed investor Jeremy Grantham called for a 50% market crash. Watch to find out how Harry's predictions of the "everything bubble" crash of a lifetime compare. Will this be the biggest crash in history? Beware the (market) dives of March! Harry discusses the succession of tops in the markets and timing of the coming megacrash. The S&P 500 may be down as much as 58% by the end of March.
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So you’d expect the unprecedented stimulus of today to create substantially higher inflation. In fact, with the greatest money printing in history, it wouldn’t be unreasonable to fear hyperinflation. That’s what most gold bugs fear. It’s what most everyone seems to fear. They’re completely wrong. Inflation is low… will stay low… and there will be no hyperinflation to speak of. The money the Fed printed has largely gone into financial speculation. It hasn’t performed any real stimulus efforts by expanding the money supply through lending and spending.
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February 18, 2015 Jeff_Clark Some of you may be aware that investment guru Harry Dent has publicly stated that gold will fall to $250-$400. He specifically predicted: Around $700/ounce is a certainty in gold by 2015 to 2016, and $250 is a possibility well down the line by 2020–2023. His forecast is largely based on his belief that deflation will prevail. Governments are fighting deflation. If government stimulus fails, we will have deflation, not inflation. (snip) As a gold analyst who’s spent every day of the last seven-plus years watching this market, I can’t let this pass. I’m sure gold...
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Dear Freepers, please help me out! A firend of mine sent me an e-mail which featured a link to someone who is apparently an economist names Harry S. Dent, with a video ink (I'm including). I have never heard of this man, and I began to watch the video, in which he defines what he think is going on with the economy. Thus far (I have only watched about half), all I can gather is that he believes that we are headed towards DEFLATION and that all commodoties are in a bubble and that whenever their is a crisis, people...
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In yesterday's (March 27) Los Angeles Times, media reporter and critic David Shaw demonstrates Oscar Wilde's maxim that modern journalism is important—if only because it keeps us in touch with the ignorance of the community. Giving every indication that he's read a lot of stories about bloggers but not that many actual blogs, Shaw disparages the form as the error-filled rants of amateurs in his piece, "Do Bloggers Deserve Basic Journalistic Protections?" It's a "solipsistic, self-aggrandizing journalist-wannabe genre," Shaw writes. Without naming a specific offender—except Matt Drudge, who he acknowledges really isn't a blogger—Shaw generalizes about bloggers for 1,300 gassy...
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