39: Harry Dent: Demographics, Bubbles, and The Sale of a Lifetime
Harry Dent is the reigning expert on demographic trends, consumer fundamentals, and bubbles. He is known for his unique research into how demographic and consumer cycles in spending impact our economies around the world. Throughout his long career as an economic forecaster, he has relied largely on demographics as the key indicator of things to come, accurately predicting the Japanese bust in ’89 and the global recession of ’08.
His must-read new book The Sale of a Lifetime looks deep into the issues facing the global economy today, why we should prepare and protect ourselves, and how to take advantage of buying assets at fire sale prices. Mr. Dent joins us to discuss his research, bubbles, and why you should be paying attention to demographics now more than ever.
Mr. Dent's Links:
Twitter - @HarryDentjr
Facebook - @EconomyMarkets
Youtube - Harry S. Dent Jr.
Mr. Dent’s Research:
Dent Research - Sign up for their free newsletter
Harry Dent - Get his new book “The SALE of a Lifetime”
Mr. Dent’s Books:
Discussed:
ILAB 36 – Dr. Daniel Crosby – 10 Commandments of Investing Success
Show Notes:
02:39 - Excerpt from A Sale of a Lifetime
06:00 - Accidental economist
11:28 - Japanese bust in 89’
16:40 - Next demographic boom
19:20 - Buying stock & real estate
23:27 - Cut tax and spend more
26:04 - Government bonds
30:40 - Deflation and inflation
35:17 - Economy driver and crashes
38:00 - House flipping in California
44:03 - China RMB
47:53 - Should you trust China?
55:36 - Sam's plan for an economy crash
1:00:06 - Johnny’s plan for making a sale of a lifetime
If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!
Copyright 2017. All rights reserved. Read our disclaimer here.