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The Great Depression Ahead: How to Prosper in the Crash That Follows the Greatest Boom in History
The Great Depression Ahead: How to Prosper in the Crash That Follows the Greatest Boom in History
The Great Depression Ahead: How to Prosper in the Crash That Follows the Greatest Boom in History
Audiobook (abridged)6 hours

The Great Depression Ahead: How to Prosper in the Crash That Follows the Greatest Boom in History

Written by Harry S. Dent

Narrated by Harry S. Dent

Rating: 3.5 out of 5 stars

3.5/5

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About this audiobook

Harry S. Dent predicted our current economic crisis, and he foresees still more to come. He predicts that we are headed further towards a major depression reminiscent of Japan’s major recession more than a decade ago, from which their real estate market has yet to recover. With the current state of the stock market causing investors around the world to be nervous, and searching for answers, The Great Depression Ahead offers important advice to help readers not just survive, but prosper in the face of the crash.

Dent has developed theories that have accurately predicted changes in the market. He is a frequent target of economists, yet with few exceptions, Dent has always been right about the market. With fully updated predictions and reflections on all that has happened since the hardcover came out in December of 2008, this is a book on the economic crisis that we can’t afford not to read.
LanguageEnglish
Release dateJan 6, 2009
ISBN9780743580762
Author

Harry S. Dent

Harry S. Dent, Jr. is the president of the H.S. Dent Foundation, whose mission is "Helping People Understand Change." He is the founder of HS Dent, which publishes the HS Dent Forecast and oversees the HS Dent Financial Advisors Network. He is the author of the New York Times bestseller, The Great Depression Ahead, as well as of The Great Boom Ahead, in which he stood virtually alone in accurately forecasting the unanticipated "boom" of the 1990s. A Harvard MBA, Fortune 100 consultant, new venture investor, and noted speaker, Mr. Dent is a highly respected figure in his field. Rodney Johnson is the president of HS Dent, an independent economic research and investment management firm. He oversees the daily operations of the companies and is a regular contributor to the HS Forecast and the HS Dent Perspective. A graduate of Georgetown University and Southern Methodist University, Mr. Johnson is a frequent guest on radio and television programs to discuss economic changes in the United States and around the world.

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Rating: 3.333333222222222 out of 5 stars
3.5/5

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  • Rating: 4 out of 5 stars
    4/5
    This gets a four star endorsement. I'm not sure I'm 100% behind everything laid out by Dent. I'm bothered by the sometimes misaligned years he gives for the next market crash. It's late 2009, then it's early 2010 or it's 2012-14. But, that doesn't undermine the book in full for me. I like that he's hanging his predictions out there and much of the reasoning is sound. I've always been a skeptic and this book feeds into that; so I was an easy sell. What I really enjoyed was the chapter on what level risk we REALLY take when putting our cash into the market. It IS far higher than we will let ourselves believe. THAT's the danger to investing. I also liked the tip on purchasing SH to profit on a decline without buying on margin. It also makes a nice hedge if you want to keep your money in market. I'm following the author's advice for now and the next 6-9 months. If he's right, I'll be VERY happy. If not, I can adjust easily. Worth reading but be prepared: I'm not an economist, statistician, or financial adviser, but I'm fairly versed in these areas from lot's of independent reading; so while the material is not over the top, there is no time spent explaining many terms or concepts to readers. You either know it or figure it out as you go.
  • Rating: 4 out of 5 stars
    4/5
    This book will give you many interesting things to consider as you plan your investing strategy for the coming years. The demographic trends provide a glimpse into the future, and I believe he is on the right track. I wouldn't take anything as absolute, and adjustments will need to be made, but this is a start. Overall, I found it to be thought provoking about the possibilities ahead.The book also provides a web page where you can sign up for an email newsletter for updates as the economic conditions change.