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The Great Depression Ahead How to Prosper in the Crash Following the Greatest Boom in History

The Great Depression Ahead How to Prosper in the Crash Following the Greatest Boom in History

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!

User Ratings and Reviews

5 Stars Predictions seem to becoming Reality
Few would have believed Harry S. Dent, Jr. when he made his predictions for the current gloom; the economy always seemed to bubble higher after past corrections. Fortunately, Mr. Dent also provides strategies for dealing with this big, bad bear.

1 Star Correct Me If I am Wrong
But is this not the same “economist” Harry Dent about whom Wikipedia says:

“In 2000, Dent predicted that the DOW would reach 40k, a prediction which was repeated in his 2004 book. In his book, he also predicted the NASDAQ would reach 13-20k. In late 2006 he revised his forecasts to much lower levels, estimating the Dow would reach 16-18k and the NASDAQ 3-4k. In January 2006, he predicted that the DOW would reach 14-15,000 by the end of the year. It ended 2006 at 12,463, 11% below the lower end of his prediction. It ended 2007 at 13,264, again significantly lower than Dent’s revised prediction of 15,000 by early 2008. Since then, the Dow crossed 14,000 in late 2007 before retrenching.”

If so and Wikipedia is accurately describing his predictions, I think I will try my Magic 8 Ball instead.

5 Stars Thought Provoking
Well reasoned, researched, and thought provoking work; written in July 2008, and when you read its asuumptions in March 2009, the book becomes even more amazing.

2 Stars Repetitive, Redundant
I like reference books to get straight to the point.

I also like reference books not to repeat the same information every third page.

Harry S. Dent’s editor should be fired, because I have had an extremely difficult time dragging myself through this material thanks to its repetitious nature.

A very tedious read, to say the least (am I repeating myself?)

I’ll try to get to the end of this book, but I’ll be surprised if I make it through to even the next chapter.

On the other hand, if I ever have trouble falling asleep at night….

1 Star give me a break
Mr. Dent’s last book “The Next Great Bubble Boom” predicted Dow 40K. Completely, extremely, ridiculously wrong, now he writes “The Great Depression Ahead.” Even a broken clock is right twice a day, and you would think Mr. Dent would have or should have just gone away after his last ridiculous book, but I guess he just can’t lose, because people continue to hand their money over and buy his books, whether he is right or has been proven so wrong.

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Learn Office Essentials

Learn Office Essentials

Learn Office Essentials is the easy way to master the office skills you need in a modern workplace!

User Ratings and Reviews

1 Star Be careful
I don’t know how these people got a hold of my credit card number, they probed it 3 times for 1 dollar each, and then they sent me some of his videos, I returned inmediately but they sent me a bill for 75 dollars, I had to close my bank account, I called the video P office, they claimed that they did not know how what happened.

1 Star Beware of this Scumbag
Beware of this guy….he will send you unwanted videos and keep charging your credit card $70/month month after month….no customer service to respond to complaints …will report this scumbag to better business bureau

1 Star just a scam…
This dude is selling info that you can learn from ANYONE with VERY LIMITED computer knowledge. All of the same info is on the net for free.

This product exists for one purpose… to steal from you.

This pathetic thief has gone through the trouble of putting together an eleaborate scam to steal from his customers by charging their credit card 80 bucks a month without their permission. He could have used his energy and tallents to just make a good product… but scams seem to be his thing. AVOID!! This is the WORST company that I have ever delt with in my ENTIRE life.

This John guy and anyone that works for him should be ashamed. He is an embarrasement to his company and his family. At least a mugger steals from me face to face… this snake is sneaky about it.

1 Star Really, REALLY Basic Learning Here
Imagine that you know so little about a computer that you wouldn’t even be here reading this review.

These discs are for your grandmother who still has the corded, dial, yellow wall phone.

If you are a recent (one hour ago) immigrant from a sixth world country, and you need to forward the “Burger King Christmas Song”, well, then you’re already ahead of these “learning” CDs.

(My apologies to grandmothers with corded, dial, yellow wall phones). (Actually, I kinda wish I had one!)

Regards,

Older But No Smarter

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Buying the Cow

Buying the Cow

Some of Hollywood’s brightest and sexiest young actors including Jerry O’Connell (Scream 2), Bridgette L. Wilson (The Wedding Planner), Ryan Reynolds (Van Wilder), Alyssa Milano (TV’s Charmed), Bill Bellamy (The Brothers) and Ron Livingston (Office Space) star in this absolutely hilarious but true-to-life look at love, dating and commitment. For David (O’Connell), the single man’s nightmare has just come true. Sarah (Wilson), his girlfriend of five years has just given him THE ultimatum. Now he’s got two months while she’s away in New York to decide if it’s marriage or quits. So with his two womanizing best friends (Reynolds and Bellamy), David hits the LA singles scene to “shop around” before he buys. That’s when he falls for a mystery woman. Meanwhile, Sarah’s handsome boss (You Can Count On Me’s Jon Tenney), has made her an offer that may be way too tempting to resist. In the end, David’s search for true love will unleash secrets and surprises to turn all their lives upside down!

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