Summary: The Great Depression Ahead

Summary: The Great Depression Ahead
Author: BusinessNews Publishing,
Publisher: Primento
Total Pages: 20
Release: 2017-01-30
Genre: Business & Economics
ISBN: 2511002159

The must-read summary of Harry S. Dent, Jr.’s book: “The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History”. This complete summary of “The Great Depression Ahead” by Harry S. Dent, Jr., a renowned economist and financial newsletter writer, presents the author’s argument that we can predict the future of the economy years and even decades in advance. The author explains how this can be done and he also argues that the next economic depression will happen in the 2010s. By reading Dent’s advice, you can ensure that you are prepared for the imminent crash ahead. Added-value of this summary: • Save time • Understand the factors leading to a financial crisis • Expand your knowledge of global economics and politics To learn more, read “The Great Depression Ahead” and find out how you can take measures now to protect yourself from the next economic crash that is likely ahead of us.

The Great Depression Ahead

The Great Depression Ahead
Author: Harry S. Dent
Publisher: Simon and Schuster
Total Pages: 403
Release: 2009-01-06
Genre: Business & Economics
ISBN: 1416595279

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 the subprime crisis and minor recession by mid-2009 -- "the calm before the real storm." • Stock prices start to crash again between mid- and late 2009 into late 2010, and likely finally bottom around mid-2012 -- between Dow 3,800 and 7,200. • The economy enters a deeper depression between mid-2010 and early 2011, likely extending off and on into late 2012 or mid-2013. • Asian markets may bottom by late 2010, along with health care, and be the first great buy opportunities in stocks. • Gold and precious metals will appear to be a hedge at first, but will ultimately collapse as well after mid- to late 2010. • A first major stock rally, likely between mid-2012 and mid-2017, will be followed by a final setdback around late 2019/early 2020. • The next broad-based global bull market will be from 2020-2023 into 2035-2036. Conventional investment wisdom will no longer apply, and investors on every level -- from billion-dollar firms to the individual trader -- must drastically reevaluate their policies in order to survive. But despite the dire news and dark predictions, there are real opportunities to come from the greatest fire sale on financial assets since the early 1930s. Dent outlines the critical issues that will face our government and other major institutions, offering long- and short-term tactics for weathering the storm. He offers recommendations that will allow families, businesses, investors, and individuals to manage their assets correctly and come out on top. With the right knowledge and preparation, you can take advantage of new wealth opportunities rather than get caught in a downward spiral. Your life is about to change for reasons outside of your control. You can't change the direction of the winds, but you can reset your sails!

The Great Depression Ahead

The Great Depression Ahead
Author: Harry S. Dent
Publisher: Free Press
Total Pages: 400
Release: 2009-01-06
Genre: Business & Economics
ISBN: 9781416588986

The author of the best-selling The Roaring 2000s predicts a major economic depression while offering counsel on how to survive it, sharing advice on everything from protecting one's investments to eliminating property ownership. 150,000 first printing.

The Great Depression Ahead

The Great Depression Ahead
Author: Harry S. Dent (Jr.)
Publisher: Black Incorporated
Total Pages: 0
Release: 2009
Genre: Business & Economics
ISBN: 9781863953597

From the author of the international bestseller The Roaring 2000scomes a new book that predicts a major economic crash and offers advice on how to survive it. Harry S. Dent has predicted changes in the market with uncanny accuracy for over a decade. He foresaw the recession of 1990-1991, the expansion of the mid-nineties and the boom of 1998-2000. Now, in The Great Crash of 2010, he predicts that our economy is heading towards a major depression. The slowdown, he says, will continue for at least a decade. The Great Crash of 2010explains the forces behind this downturn and gives practical steps investors can take today to protect themselves from tomorrow's worst and position themselves to take advantage of the changing conditions. With practical applications at all levels, Harry S. Dent's is a voice that no serious investor can afford to ignore.

The Great Depression Ahead

The Great Depression Ahead
Author: Harry S. Dent, Jr.
Publisher: ReadHowYouWant.com
Total Pages: 598
Release: 2011-01-22
Genre: Business & Economics
ISBN: 1459609263

The first and last economic depression of your lifetime is happening right now. Did you know our stock market and economy have peaked every 40 years due to generational spending trends: in 1929, 1968 and 2009? Did you know that oil and commodity prices have peaked every 30 years: in 1920, 1951, 1980 and 2010? The three massive bubbles of recent ...

The Great Depression Ahead

The Great Depression Ahead
Author: Harry S. Dent
Publisher: Simon & Schuster Audio
Total Pages:
Release: 2009-01-06
Genre: Business & Economics
ISBN: 9780743580755

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 the subprime crisis and minor recession by mid-2009 -- "the calm before the real storm." • Stock prices start to crash again between mid- and late 2009 into late 2010, and likely finally bottom around mid-2012 -- between Dow 3,800 and 7,200. • The economy enters a deeper depression between mid-2010 and early 2011, likely extending off and on into late 2012 or mid-2013. • Asian markets may bottom by late 2010, along with health care, and be the first great buy opportunities in stocks. • Gold and precious metals will appear to be a hedge at first, but will ultimately collapse as well after mid- to late 2010. • A first major stock rally, likely between mid-2012 and mid-2017, will be followed by a final setdback around late 2019/early 2020. • The next broad-based global bull market will be from 2020-2023 into 2035-2036. Conventional investment wisdom will no longer apply, and investors on every level -- from billion-dollar firms to the individual trader -- must drastically reevaluate their policies in order to survive. But despite the dire news and dark predictions, there are real opportunities to come from the greatest fire sale on financial assets since the early 1930s. Dent outlines the critical issues that will face our government and other major institutions, offering long- and short-term tactics for weathering the storm. He offers recommendations that will allow families, businesses, investors, and individuals to manage their assets correctly and come out on top. With the right knowledge and preparation, you can take advantage of new wealth opportunities rather than get caught in a downward spiral. Your life is about to change for reasons outside of your control. You can't change the direction of the winds, but you can reset your sails!

America's Great Depression

America's Great Depression
Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
Total Pages: 412
Release: 2000
Genre: Business & Economics
ISBN: 1610161378

Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The book remains canonical today because the debate is still very alive. This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes. Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank, was especially important. In part, his expansionary policy was motivated by his desire to help Britain sustain the pound. Strong was close friends with Montagu Norman, the Governor of the Bank of England. After the 1929 crash, Herbert Hoover followed an interventionist policy that prefigured the New Deal. He favored keeping wage rates high and thus contributed to rising unemployment. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire.

Essays on the Great Depression

Essays on the Great Depression
Author: Ben S. Bernanke
Publisher: Princeton University Press
Total Pages: 352
Release: 2024-01-09
Genre: Business & Economics
ISBN: 0691259666

From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. Essays on the Great Depression brings together Bernanke’s influential work on the origins and economic lessons of the Depression, and this new edition also includes his Nobel Prize lecture.

Someplace Like America

Someplace Like America
Author: Dale Maharidge
Publisher: Univ of California Press
Total Pages: 276
Release: 2013-05-14
Genre: Business & Economics
ISBN: 0520274512

"Updated edition with a new preface and afterword"--Cover.

Hall of Mirrors

Hall of Mirrors
Author: Barry J. Eichengreen
Publisher: Oxford University Press, USA
Total Pages: 521
Release: 2015
Genre: Business & Economics
ISBN: 0199392005

"A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--