9,99 €
Mehr erfahren.
- Herausgeber: Political Book Summaries
- Kategorie: Fachliteratur
- Sprache: Englisch
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.
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Seitenzahl: 19
Veröffentlichungsjahr: 2017
Ähnliche
Book Presentation: The Great Depression Ahead by Harry S. Dent, Jr.
Book Abstract
Harry Dent believes economists have long been too shortsighted in trying to find the signs of the next boom or bust. He asserts that the economic future can, with the right tools, be forecast years and even decades in advance. In The Great Depression Ahead, Dent shows how the culmination of three bubble collapses – stocks, real estate, and commodities – along with generational spending drops in 2010 will lead us into a deep economic depression through the early 2020s. He also offers advice on how citizens can protect themselves during this tumultuous period.
About the Author
Harry S. Dent, Jr. is the president of the H.S. Dent Foundation, an economic think tank and research team that works to provide long term economic forecasting. In 1992, Dent predicted the boom of the 1990s in his bestseller, The Great Boom Ahead. A Harvard MBA, Dent is also a Fortune 100 consultant and noted speaker.
Summary of The Great Depression Ahead (Harry S. Dent, Jr.)
Principles that Drive Change
Economists regularly assert that it’s impossible to predict major events or trends far into the future. Elections, wars, stock market crashes, weather crises, etc. It’s a complex time, they say. However, over the past years, decades, centuries, and millennia, our understanding and prediction abilities have grown exponentially, which gives us greater predictability and control over our lives; our great-grandparents would be amazed.
Scientists and professionals in many fields of research have used what we know about life cycles to predict future events with great accuracy. It’s time that economists join in as well.
To make an accurate economic prediction, it’s vital to understand that there are many different cycles. The complexity of making predictions about what will happen in the future means we must first determine which cycles matter more and how they impact and affect each other. For example, our economy has peaked every 40 years. Commodity prices have peaked every 30 years. Most decades start off weak and end stronger. Every four years, the stock market takes a significant correction, and every four months, it does so on a smaller scale.
