Are you ready for the Perfect Storm?
It’s coming, actually it’s already here…
The perfect storm of declining stock prices, a busted real estate bubble, and deflating credit. It’s all coming together to form the biggest depression in the US since the 1930’s. But this depression is not just here in the US, it’s worldwide. And according to financial expert Harry S. Dent, it will hit all the major modern markets accept the Japanese market. Japan went through it’s own great depression 20 years ahead of the rest of the world.
It all has to do with population and demographics. Japan had it’s baby boom 20 years before the US and other modernized countries did. Their economy imploded in the 1990’s. Our economy and other major economies around the world are set to do the same in the 2010’s.
Now I am not a financial expert, far from it, I don’t know much about the economy or financial markets. That’s why I read and listen to the experts….not financial planners but the expert that financial advisers turn to when they are looking for advice. Harry S. Dent is one of these experts. He has correctly predicted trends in the market for the last 18 years.
Watch His latest video to see what he has to say about the economy and what is to come.
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