[NEW ARRIVALS] The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History (Hardcover)
AUTHOR: Harry S. Dent
GENRE: Business & Investing
Dent, former strategic consultant at Bain & Company, outlines the features of what he predicts will be the next Great Depression.
The author argues that demographic trends were the greatest drivers of our economy, along with radical new technologies, working together to follow a four-stage life cycle of innovation, growth, shakeout and maturity.
While Dent’s doomsday predictions are depressing, his theories are persuasive and elaborated in meticulous descriptions of historic economic trends and cycles. The book offers welcome portfolio allocation strategies during an economic crisis as well as the prediction that the worst of the housing downturn will occur between 2010 and 2013. Along with domestic forecasts, Dent addresses terrorism’s economic roots and the growth of megacities in South and East Asia with characteristic thoroughness.